10 Canoe Bay

Westwood, Winnipeg

Property score

61.6

Fair

Overall 61.6 · Compared with neighbourhood average

1,228 sqft (bottom 45%) · Built in 1965 (1 yr older than avg)

Located in a above-average income area with median household income of ~75.5k

Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 11 dining spots, 1 school, 2 healthcare facilitys, and 5 shops nearby

Living Area

Near average

11% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 81%Punjabi · 2%

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

Sold Count

898

Median price

405k

$/sqft

$307/sqft

Avg build year

1966

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Property score

61.6 is composed by the two sections below.

Property Score

60.7Fair
Living Area66
1,228 sqftGood
Year Built46
1965Low
Lot Size67
5,297 sqftGood
Neighbourhood Sales Activity37
Low

Community Score

63.0Fair
Household Income75
Good
Education Level44
Low
Housing Stress52
Fair
Core Housing Need63
Fair
Employment Health52
Fair

Neighbourhood Sales

Westwood

How to read: Share of sales in each ~$50k price band for “westwood” (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: #46110315

Community deep dive

$76K

Median household income

$92K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

36%

Single-person households

18%

Families with children

Population, labour & age

Population (2021)610
Labour force participation rate57%
Median age44.0
Avg household size2.1
Unemployment rate9%
Population density2440 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households36%
Couple families with children18%
Median household income (2020)$76K

Housing

Renter households47%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority15%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 81%
Mother tongue (2nd)Punjabi · 2%

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

Rankings

Living Area

above average
1,228 sqft
0255075100
Same streetTop 24%Same areaBottom 45%CitywideTop 48%
Same street · Canoe Bay
#9 / 37
Top 24% · Avg 1,193 sqft
Same area · Westwood
#1,385 / 2,523
Bottom 45% · Avg 1,372 sqft
Citywide · Winnipeg
#92,511 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

above average
373k
0255075100
Same streetTop 19%Same areaTop 46%CitywideTop 46%
Same street · Canoe Bay
#7 / 37
Top 19% · Avg 355.7k
Same area · Westwood
#1,173 / 2,523
Top 46% · Avg 392.1k
Citywide · Winnipeg
#89,463 / 194,458
Top 46% · Avg 390.1k

Year Built

above average
1965
0255075100
Same streetTop 30%Same areaTop 43%CitywideBottom 47%

Lot Size

around average
5,297 sqft
0255075100
Same streetBottom 14%Same areaBottom 18%CitywideTop 48%

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

10 Canoe Bay — 35 amenities found within 500 m, across 10 categories, including 11 dining (nearest 114 m), 1 education (nearest 376 m), 2 healthcare (nearest 275 m).

Search radius
🍽️Dining11
🏫Education1
🏥Healthcare2
🛒Shopping5
🌳Parks2
💪Sports3
🏦Finance3
Fuel Stations3
Worship4
🏛️Government1

Crime & Safety

Westwood · WPS public data · 2026

Annual incidents

9

2026

vs. city avg

-69%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

100%

Sales History

Sold 8/2020CA$350k–400k
Sold price

Same street

Top 50%

Same area

Top 49%

City-wide

Top 44%

Related homes

Highlights & common questions: 10 Canoe Bay, Winnipeg

Key Characteristics & Buyer Profile

This is a 1965-built home with 1,228 sq ft of living space on a 5,297 sq ft lot, assessed at $373,000. On its street, it ranks in the top quarter for living area (9th out of 37 homes) and top 20% for assessed value (7th out of 37)—both above the street average. The lot, however, is notably smaller than most on the street (32nd out of 37) and well below the community average for Westwood.

The appeal lies in the value proposition: you get a home that is larger and more highly assessed than its immediate neighbours, within a neighbourhood that is close to city averages in size and value. That suggests the property may offer more interior space relative to its land footprint, and possibly a stronger rental or resale position within the street context. It's not a standout city-wide, but it's solidly in the middle of the pack.

This property would suit buyers who prioritize living space and a good street-level relative value over a large yard. It could appeal to someone looking for a home that has held its assessed value well compared to nearby homes, or someone who sees potential in a slightly smaller lot—perhaps less maintenance, or room for a garage addition. It's less suited to buyers wanting a generous property footprint or a newer build, as the lot is undersized by local standards and the home dates to the mid-1960s.


Frequently Asked Questions

1. How does the living space compare to other homes in the area?

At 1,228 sq ft, this home is larger than the average on its street (1,193 sq ft) and ranks in the top quarter. In the broader Westwood community, it's close to average (1,372 sq ft), and city-wide it's essentially in the middle. So it's generous for its immediate surroundings but not oversized by neighbourhood or city standards.

2. The lot seems small. Is that a concern?

Yes, the 5,297 sq ft lot is notably below average for both the street (5,748 sq ft) and the community (6,491 sq ft). It ranks in the bottom 20% on the street and bottom 18% in Westwood. This could mean less yard maintenance and a more compact footprint, but it may also limit future expansion or redevelopment potential compared to neighbours.

3. What does the assessed value tell me about the home's condition or market position?

The $373,000 assessment is above the street average ($356,000) and close to the Westwood and city averages. This suggests the home is valued comparably to others in the broader area, but stands out on its street—meaning it may be better maintained, larger, or more updated than immediate neighbours. It's not an indicator of condition per se, but of relative assessment strength.

4. How old is the house, and is that a concern for a buyer?

Built in 1965, it's slightly older than average on its street (1966) and in line with the community and city. A 1960s build means systems (roof, furnace, windows, plumbing) may be original or nearing end-of-life, but also that the home is from a well-established era of construction. A buyer should budget for inspections and potential updates, but the age is not unusual for Westwood.

5. What's the best argument for buying this home based on the data?

The strongest case is street-level value: you're getting above-average living space and assessed value relative to your immediate neighbours, on a lot that's smaller but not drastically so. That can mean a better price-to-space ratio than other homes on the block, and potentially stronger appreciation if the street's overall values rise. The trade-off is a less spacious yard, but for someone who doesn't need a large outdoor area, that's a win.