40 Gatineau Bay

Windsor Park, Winnipeg

58.5

Fair

Overall 58.5

Smaller but newer than most nearby homes

980 sqft (bottom 24%)

Built in 1963 (2 yrs newer than avg)

Located in a high-income area

with median household income of ~102k

Transit 70.0

5-min walk to transit with 3 nearby routes

Within 500m: 7 dining spots, 1 school, 4 healthcare facilitys, and 4 shops nearby

Living Area

Below average

10% smaller than neighborhood avg.

Year Built

Above average

2 yrs newer than neighborhood avg.

Mother tongue

English · 74%French · 10%

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

Sold Count

1,217

Median price

395k

$/sqft

$375/sqft

Avg build year

1961

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Property score

58.5 is composed by the two sections below.

Property Score

46.5Low
Living Area980 sqft42Low
Year Built196346Low
Lot Size5,251 sqft67Good
Neighbourhood Sales Activity42Low

Community Score

76.5Good
Household Income85Excellent
Education Level44Low
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health52Fair

Neighbourhood Sales

Windsor Park

How to read: Share of sales in each ~$50k price band for “windsor park” (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: #46110526

Community deep dive

$102K

Median household income

$108K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

17%

Single-person households

39%

Families with children

Population, labour & age

Population (2021)389
Labour force participation rate54%
Median age40.4
Avg household size2.7
Unemployment rate6%
Population density2778 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households17%
Couple families with children39%
Median household income (2020)$102K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$302K

Diversity, education & language

Immigrants (share of pop.)4%
Visible minority10%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 74%
Mother tongue (2nd)French · 10%

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

Rankings

Living Area

below average
980 sqft
0255075100
Same streetBottom 1%Same areaBottom 24%CitywideBottom 24%
Same street · Gatineau Bay
#38 / 38
Bottom 1% · Avg 1,095 sqft
Same area · Windsor Park
#2,527 / 3,307
Bottom 24% · Avg 1,091 sqft
Citywide · Winnipeg
#147,753 / 194,458
Bottom 24% · Avg 1,342 sqft

Tax-Assessed Value

around average
312k
0255075100
Same streetBottom 8%Same areaBottom 11%CitywideBottom 33%
Same street · Gatineau Bay
#35 / 38
Bottom 8% · Avg 351k
Same area · Windsor Park
#2,945 / 3,307
Bottom 11% · Avg 354.2k
Citywide · Winnipeg
#130,567 / 194,458
Bottom 33% · Avg 390.1k

Year Built

Elite
1963
0255075100
Same streetTop 5%Same areaTop 19%CitywideBottom 45%

Lot Size

around average
5,251 sqft
0255075100
Same streetBottom 24%Same areaBottom 17%CitywideTop 49%

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

40 Gatineau Bay — 23 amenities found within 500 m, across 8 categories, including 7 dining (nearest 249 m), 1 education (nearest 487 m), 4 healthcare (nearest 256 m).

Search radius
🍽️Dining7
🏫Education1
🏥Healthcare4
🛒Shopping4
🌳Parks2
💪Sports1
🏦Finance2
Fuel Stations2

Crime & Safety

Windsor Park · WPS public data · 2026

Annual incidents

17

2026

vs. city avg

-42%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

47%

Sales History

Sold 6/2016CA$200k–250k
Sold price

Same street

Bottom 1%

Same area

Bottom 2%

City-wide

Bottom 14%

Related homes

Highlights & common questions: 40 Gatineau Bay, Winnipeg

40 Gatineau Bay — Property Summary

Key Characteristics & Buyer Profile

This is a 1963-built home with 980 sq. ft. of living space on a 5,251 sq. ft. lot, located in the Windsor Park neighbourhood of Winnipeg. Its assessed value is $312,000.

The property’s appeal lies in its quiet strengths rather than headline figures. The living space and lot size are below average for both the street and the neighbourhood, but not dramatically so. The assessed value is notably lower than the street and community averages, which may translate to relatively manageable property taxes. The build year places it among the newer homes on the street (ranked 2nd out of 38) and well above the community average, meaning the structure is likely more modern than many nearby homes.

This property would suit a buyer who prioritizes neighbourhood character and is willing to trade square footage for a lower entry point. It may appeal to someone comfortable with a smaller footprint who values being in an established area. It is less suited to buyers seeking maximum space per dollar or a large lot for expansion.


Frequently Asked Questions

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

The 980 sq. ft. living area is below the street average of 1,095 sq. ft. and the community average of 1,091 sq. ft. It ranks 38th out of 38 on the street and in the 76th percentile city-wide. The lot at 5,251 sq. ft. is also below both the street (5,972 sq. ft.) and community (6,030 sq. ft.) averages, though it sits closer to the city-wide median.

2. Why is the assessed value lower than the neighbourhood average?

The assessed value of $312,000 is about 12% below the street average of $351,000 and 13% below the community average of $354,000. This likely reflects the smaller living area and lot size relative to neighbours. City-wide, it ranks near the middle (67th percentile), suggesting it is not an outlier by Winnipeg standards.

3. Is the home older or newer than its neighbours?

It was built in 1963, the same year as the street average, ranking 2nd out of 38 on the street. Within the Windsor Park community, it is slightly newer than the average build year of 1961 and ranks in the top 19%. Compared to Winnipeg broadly, it is close to the median.

4. What does the ranking system actually mean?

The rankings compare this property to others within the same street, community (Windsor Park), and city (Winnipeg). For size and value, a higher rank means a larger or more expensive home. For build year, a higher rank means a newer home. The coloured progress bar shows the percentage of comparable homes this property outperforms in each category.

5. Who typically buys on Gatineau Bay?

Homes on this street tend to be from the early 1960s and are modest in size. Buyers are often looking for an established, mid-century neighbourhood with stable property values rather than new construction or large lots. This property’s lower assessed value may appeal to first-time buyers or those wanting lower ongoing tax costs, though the smaller size and lot may limit future redevelopment potential.

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