43 Canoe Bay

Westwood, Winnipeg

Property score

57.2

Fair

Overall 57.2 · Smaller than most nearby homes

1,099 sqft (bottom 18%) · Built in 1965 (1 yr older than avg)

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

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 12 dining spots, 1 school, 2 healthcare facilitys, and 5 shops nearby

Living Area

Below average

20% smaller than neighborhood avg.

Taon ng Paggawa

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

57.2 is composed by the two sections below.

Property Score

53.3Fair
Living Area1,099 sqft52Fair
Taon ng Paggawa196546Low
Lupa5,750 sqft74Good
Neighbourhood Sales Activity37Low

Community Score

63.0Fair
Household Income75Good
Education Level44Low
Housing Stress52Fair
Core Housing Need63Fair
Employment Health52Fair

Istatistika ng benta ng komunidad

Westwood

How to read: Share of sales in each ~$50k price band for “westwood” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

karaniwan
1,099 sqft
0255075100
Same streetBottom 32%Same areaBottom 18%CitywideBottom 39%
Same street · Canoe Bay
#25 / 37
Bottom 32% · Avg 1,193 sqft
Same area · Westwood
#2,069 / 2,523
Bottom 18% · Avg 1,372 sqft
Citywide · Winnipeg
#117,799 / 194,458
Bottom 39% · Avg 1,342 sqft

Assessed Value

karaniwan
356k
0255075100
Same streetTop 38%Same areaBottom 38%CitywideBottom 48%
Same street · Canoe Bay
#14 / 37
Top 38% · Avg 355.7k
Same area · Westwood
#1,560 / 2,523
Bottom 38% · Avg 392.1k
Citywide · Winnipeg
#100,496 / 194,458
Bottom 48% · Avg 390.1k

Taon ng Paggawa

lampas sa average
1965
0255075100
Same streetTop 30%Same areaTop 43%CitywideBottom 47%

Lupa

karaniwan
5,750 sqft
0255075100
Same streetTop 32%Same areaBottom 39%CitywideTop 38%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

43 Canoe Bay — 40 amenities found within 500 m, across 10 categories, including 12 dining (nearest 129 m), 1 education (nearest 434 m), 2 healthcare (nearest 288 m).

Search radius
🍽️Dining12
🏫Education1
🏥Healthcare2
🛒Shopping5
🌳Parks4
💪Sports3
🏦Finance5
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%

Kasaysayan ng Benta

Naibenta 7/2020CA$300k–350k
Presyo ng benta

Parehong kalye

Bottom 37%

Parehong lugar

Bottom 27%

Buong lungsod

Bottom 43%
Naibenta 9/2017CA$250k–300k
Presyo ng benta

Parehong kalye

Bottom 6%

Parehong lugar

Bottom 5%

Buong lungsod

Bottom 28%

Related homes

Mga tampok at karaniwang tanong: 43 Canoe Bay, Winnipeg

Key Characteristics & Buyer Profile

This is a 1965-built, single-family home at 43 Canoe Bay with a living area of 1,099 square feet on a 5,750 square foot lot. Its assessed value is $356,000.

The property's main appeal lies in its position within its own street. Compared to other homes on Canoe Bay, the lot size and assessed value are right at the average, and the living area is slightly below. On the street, it ranks in the top third for lot size and the top 40% for assessed value. This suggests a solid, middle-of-the-road property in a consistent neighbourhood where prices haven't strayed far from the median.

Where it loses some ground is at the broader community and city levels. Compared to the Westwood area and Winnipeg as a whole, the home is smaller than average (both in living area and land) and assessed slightly lower. It's not an outlier, but it's a modest property within a larger landscape of bigger homes and lots.

This property would suit a buyer looking for a reasonably priced entry point into a stable, established neighbourhood. It's less likely to appeal to someone seeking a "best on the block" or a home that stands out for its size. The ideal buyer is someone who values consistency and proximity to local averages, perhaps a first-time homeowner or a downsizer who doesn't want to pay a premium for extra space they won't use. The fact that the building year is slightly newer than the street average (1965 vs. 1966, ranking 11th out of 37) is a small but tangible plus, suggesting it may have been built just as the area was maturing.


Five Possible FAQs

1. How does this home compare to others on the same street?
It's a very average home for Canoe Bay. The living area (1,099 sqft) is slightly below the street average of 1,193 sqft, but the lot size (5,750 sqft) and assessed value ($356,000) are right at the street averages. On the street, it ranks 14th out of 37 for value and 12th for lot size.

2. Is the assessed value of $356,000 a reliable guide to the market price?
Yes, as a starting point. The assessed value is almost exactly the street average ($356,000) and slightly below the community and city averages. This suggests the assessment is in line with the local baseline, though final sale price will depend on the home's condition, updates, and current market demand, which aren't captured in this data.

3. How does this property compare to typical homes in Westwood?
It is smaller and less expensive than the Westwood average. The average home in the community has 1,372 sqft of living area (25% more) and a lot of 6,491 sqft (13% larger), with an assessed value of $392,000. This means you're buying into Westwood at a below-average size and price point.

4. How does the lot size here stack up city-wide?
Surprisingly well. While it's smaller than the Westwood average, its 5,750 sqft lot ranks in the top 38% across all of Winnipeg. This means the lot is decently sized for the city as a whole, even if it's on the smaller side relative to its immediate neighbours.

5. What does it mean that the building year is "above average" for the street?
The street average build year is 1966, and this home was built in 1965. Being ranked 11th out of 37 means about one-third of the homes on Canoe Bay are newer than this one. It's a subtle indicator that this isn't among the oldest homes on the street, but it's not a new build either. It reflects a typical, solid mid-century construction era.

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