Welcome to Island Lakes

A Premier Neighborhood in Southeast Winnipeg

Nestled in the southeastern corner of Winnipeg, Island Lakes stands out as an affluent and family-friendly community. With an average household income of just over $103,000, this neighborhood offers a high standard of living, well above the city's average. Developed by Ladco, Island Lakes is bordered by Royalwood to the west, Sage Creek to the northwest, and Bonavista to the south. The community is defined by its meandering streets, providing a safe and welcoming environment for families.

A Brief History and Current Snapshot

Construction in Island Lakes began in 1981, and by 1985, 150 homes were already established. The neighborhood saw rapid growth between 1986 and 1990, with 880 new homes added. Today, Island Lakes is home to over 7,500 residents and remains a desirable location just 12 kilometers from downtown Winnipeg and 20 kilometers from the Winnipeg James Armstrong Richardson International Airport.

Real Estate Trends

Island Lakes is renowned for its spacious homes, many of which feature sought-after lakefront lots. The majority of these homes were built between 1985 and 2005, offering a variety of floor plans from bi-levels and bungalows to cabovers and two-storey designs, with two-storey homes being the most common. Home prices vary widely, starting around $280,000 for properties needing significant updates and reaching up to $800,000 for more prestigious, waterfront residences. To the south, the newer Bonavista development offers contemporary construction options.

Condominium Living

For those interested in condominium-style living, Island Lakes has limited options. While apartment complexes are scarce, there are appealing semi-detached styles available, including bungalow and townhouse condominiums priced between $250,000 and $450,000.

Schools and Services

Island Lakes falls under the Louis Riel School Division. The neighborhood features one primary school: Island Lakes Community School, which serves grades kindergarten through eight. For French Immersion programs, families will need to look to nearby Southdale or Windsor Park.

While Island Lakes lacks hospitals, two major medical facilities are within a 10-kilometer radius: Saint Boniface General Hospital on Tache Avenue and Victoria General Hospital on Pembina Highway.

Shopping and Dining

Though shopping options within Island Lakes itself are limited, its location along Bishop Grandin Boulevard provides easy access to a range of big-box stores. The area around St. Anne’s and Bishop Grandin includes Sobeys, Michaels, and Home Depot. Further south on St. Anne’s, you'll find additional restaurants, grocery stores, and retail shops. St. Vital Mall, just a 5-minute drive away, offers over 160 stores and restaurants.

Entertainment and Recreation

Island Lakes boasts a variety of recreational opportunities. The largest park, Lindsey Wilson Park, features nearly 20 acres of walking trails, green spaces, a spray pad, basketball hoops, and tennis courts. The neighborhood's lakeside walkways are popular for cycling, strolling, and jogging, while the interconnected waterways are ideal for canoeing and kayaking. Nature enthusiasts and birdwatchers can enjoy a five-acre natural grass area planted with native prairie species.

For entertainment, Island Lakes is conveniently close to St. Vital and Sage Creek, offering fine dining options and the Cineplex Theatre at St. Vital Mall.

Island Lakes combines luxury, convenience, and a vibrant community spirit, making it one of Winnipeg’s most desirable neighborhoods.

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