59 Lakedale Place

Waverley Heights, Winnipeg

Property score

78.6

Good

Overall 78.6 · Larger than most nearby homes

1,760 sqft (top 9%) · Built in 1977 (1 yr older than avg)

Located in a above-average income area with median household income of ~83k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Above average

42% larger than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 56%Punjabi · 9%

Past 10 years Waverley Heights sales snapshot (~80% of all data)

Sold Count

627

Median price

415k

$/sqft

$333/sqft

Avg build year

1978

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Property score

78.6 is composed by the two sections below.

Property Score

82.2Excellent
Living Area1,760 sqft86Excellent
Year Built197767Good
Lot Size9,115 sqft95Excellent
Neighbourhood Sales Activity59Fair

Community Score

73.2Good
Household Income78Good
Education Level82Excellent
Housing Stress42Low
Core Housing Need76Good
Employment Health60Fair

Neighbourhood Sales

Waverley Heights

How to read: Share of sales in each ~$50k price band for “waverley heights” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110978

Community deep dive

$83K

Median household income

$79K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

22%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)1,089
Labour force participation rate64%
Median age33.2
Avg household size2.5
Unemployment rate9%
Population density457 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households22%
Couple families with children26%
Median household income (2020)$83K

Housing

Renter households56%
Condominium dwellings5%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority48%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Punjabi · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,760 sqft
0255075100
Same streetTop 31%Same areaTop 9%CitywideTop 19%
Same street · Lakedale Place
#11 / 35
Top 31% · Avg 1,411 sqft
Same area · Waverley Heights
#146 / 1,633
Top 9% · Avg 1,239 sqft
Citywide · Winnipeg
#36,196 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
459k
0255075100
Same streetTop 20%Same areaTop 17%CitywideTop 27%
Same street · Lakedale Place
#7 / 35
Top 20% · Avg 427.7k
Same area · Waverley Heights
#277 / 1,633
Top 17% · Avg 398.1k
Citywide · Winnipeg
#52,140 / 194,458
Top 27% · Avg 390.1k

Year Built

above average
1977
0255075100
Same streetTop 11%Same areaBottom 49%CitywideTop 37%

Lot Size

above average
9,115 sqft
0255075100
Same streetTop 43%Same areaTop 7%CitywideTop 8%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

59 Lakedale Place — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 379 m).

Search radius
🌳Parks2

Crime & Safety

Waverley Heights · WPS public data · 2026

Annual incidents

14

2026

vs. city avg

-53%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

50%

Sales History

Sold 2/2022CA$400k–450k
Sold price

Same street

Top 33%

Same area

Top 24%

City-wide

Top 30%

Related homes

Highlights & common questions: 59 Lakedale Place, Winnipeg

Property Summary: 59 Lakedale Place, Waverley Heights, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 59 Lakedale Place presents a compelling blend of space, established value, and a generous lot in the Waverley Heights neighborhood. Its 1,760 sqft living area is comfortably above average for both the neighborhood and the city, offering more room than most comparable homes. The standout feature is the 9,115 sqft land area, which places it in the top 7% of lots in Waverley Heights, providing significant outdoor potential. Built in 1977, it is newer than many city-wide comparables and is one of the newer homes on its own street.

The appeal lies in its proven, above-average investment profile and space. With an assessed value ranking consistently above local and city averages, it represents a property with established equity in a desirable area. It’s not just a home that meets neighborhood standards—it exceeds them in key metrics like lot size and living space.

This property would suit buyers looking for a home that offers both room to grow indoors and out, without venturing into custom or luxury price tiers. It’s ideal for someone who values data-backed value, seeks a larger yard for family, gardening, or future expansion, and appreciates an established home in a mature, well-ranked neighborhood.

Section 2: Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
While the assessed value of $459k is a strong data point and ranks above average, market conditions, property condition, and recent renovations ultimately determine the sale price. It is best used as a benchmark of the home’s established municipal valuation.

2. What does the lot size ranking actually mean for me?
Ranking in the top 7% for land area in Waverley Heights means you are getting a lot significantly larger than the typical property in the area. This translates to more privacy, larger garden space, and greater potential for additions like a deck, shed, or pool.

3. The home was built in 1977. Should I be concerned about major updates?
A 1977 build is newer than the Winnipeg average. However, this age means core systems (roof, windows, HVAC, plumbing) may be nearing or have reached their typical lifespan. A thorough inspection is crucial to understand which major components have been updated and which may require future investment.

4. The living area is above average, but the street ranking is lower. Why?
The home is on a street where houses are generally larger (street average is 1,411 sqft). So, while its size is impressive city-wide and neighborhood-wide, it faces stiffer competition on its own block. This suggests a street of substantial, well-sized homes.

5. How does this property’s value hold up across different comparison levels?
Its strength is consistency. The assessed value and lot size are above average at the street, neighborhood, and city level. This layered appeal indicates a property that is considered a strong performer no matter how you frame the comparison, which can be a reassuring sign of stable, long-term value.

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