Photo: Jasonbook99 · CC BY-SA 4.0Expensive homes pull Lakeshore’s average 48% above the middle
Census values for 2021: a median of $160,000 and an average of $237,000. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices. In 2023, 90 homes changed hands at a median price of $97,000, by Statistics Canada’s count.
Lakeshore’s homes, by three sources
Each source sits beside its own median for Manitoba’s towns; none compares across provinces, which value homes in their own ways.
median, owners’ estimate
- Average
- $237K
- Owners
- 350
- Manitoba’s towns
- $300K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $121K
- ÷ buyers’ income
- 0.6×
- Buyers
- 90
- Manitoba’s towns
- $248K
all residential
- Manitoba’s towns
- $201K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
On the assessment roll, Lakeshore’s houses sit 58% below Manitoba’s towns
Of Lakeshore’s 905 residential properties on the 2024 roll, 87% are detached houses.
Median assessment by type, 2024 the tick is the median of Manitoba’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Manitoba’s towns with their own figure; assessments compare within a province only.
92% of Lakeshore’s homes are detached houses, where Manitoba’s towns have 72%
Lakeshore had 490 occupied homes at the 2021 census. At least half predate 1981.
Homes by period of construction the tick is the median of Manitoba’s towns
Homes by kind
| Lakeshore | Manitoba | Canada | |
|---|---|---|---|
| Condominiums | under 1% | 5% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 5% | 5% | 3% |
| Households in core housing need | 10% | 7% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Building behind Manitoba’s towns: 7.8 new homes a year per 1,000 in Lakeshore, against 13.7
Building permits added 25 homes in Lakeshore between 2018 and 2023: some 4 a year. Houses dominate the permits, at 95% in single-unit buildings (Manitoba’s towns: 67%).
Most in 2023: 10 new homes
New homes a year per 1,000 homes
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Lakeshore is 47% below the $300,000 median of Manitoba’s towns
188 of Manitoba’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Lakeshore: Ste. Rose
Next to Lakeshore: 2021 census values and the share of owners. Lakeshore has few close neighbours with figures, so the list reaches 15–31 km out.
Questions about property prices in Lakeshore
What is the average house price in Lakeshore?
An average of $121,000 in 2023, with the median sale at 0.6 times the buyer’s income.
Is Lakeshore expensive for Manitoba?
On census values, Lakeshore sits among the cheaper of Manitoba’s towns (median $300,000).
How many households in Lakeshore are in core housing need?
More than most: 10% of households in Lakeshore, where Manitoba’s towns sit at 7%.
Can I see individual sales or prices by street?
Only in total: Statistics Canada releases each town’s median and average sale and its number of buyers, never a single sale.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).