The Banks Condominiums
Riverfront living arrives in St. Vital
By Margaux Braund, StreetSide Developments
The Banks Condominiums, a brand-new concrete condominium community by StreetSide Developments, is nearing completion on the Red River. After much anticipation, homebuyers and prospects can now step inside a brand-new display suite and experience the vision for this riverside community coming to life.
Located at 1924 St. Mary’s Road, the six-storey midrise building brings the appeal of brand-new condominium living to a mature riverside setting in St. Vital. With first possessions anticipated for Fall 2026, homebuyers have the chance to experience the community firsthand while there is still an excellent selection of available suites to choose from.
The Banks has been thoughtfully designed for those who value comfort, quality, and connection to nature. The community features 69 suites, with spacious floorplans ranging from 835 to 2,043 square feet, offering a mix of two- and three-bedroom layouts suited to a variety of lifestyles. Durable concrete construction, heated parking, a fitness facility, an elegant entrance lobby, and an owner’s lounge with terrace all contribute to an elevated everyday experience.
Each suite is beautifully appointed with premium finishes, including glistening Caesarstone quartz countertops, Kitchen Craft cabinetry, and luxury vinyl plank flooring. For added ease, black stainless-steel appliances and designer lighting package are also included and installed.
What truly sets The Banks apart is its location. Situated directly along the Red River, residents will be able to enjoy the quiet beauty of riverfront living while remaining close to the conveniences of south Winnipeg. Morning coffee with a view, evening walks near the water, and the peaceful feeling of coming home to a natural setting are all part of the lifestyle envisioned for this community.
The surrounding St. Vital neighbourhood adds even more appeal. Long known for its mature trees, established streets, nearby amenities, and strong sense of community, St. Vital offers the kind of setting that new neighbourhoods take decades to grow into. From The Banks, residents are close to St. Vital Centre, one of Winnipeg’s major shopping destinations with more than 150 stores and services, making everyday errands, dining, and retail easily accessible.
Outdoor recreation is also woven into the area. Nearby St. Vital Park is one of south Winnipeg’s signature destinations year-round. The park’s riverside setting, picnic areas, walking paths, and open green spaces make it a cherished destination for residents across the city, and an especially valuable amenity for those living just minutes away.
Adding to the natural surroundings, the land adjacent to The Banks along the river shoreline has been incorporated into a public nature reserve, helping restore and preserve the native riparian habitat. This thoughtful integration of natural space enhances the experience for residents while contributing to the long-term health and beauty of the riverbank.
For StreetSide Developments, The Banks represents a continuation of the company’s commitment to building high-quality condominium communities in desirable Winnipeg locations. Backed by 75 years of Qualico expertise, StreetSide brings trusted construction, thoughtful design, and a deep understanding of how Winnipeggers want to live.
Now is the time to explore available suites and experience what riverfront condominium living in St. Vital can look like. For more information, visit www.thebankscondos.ca or contact Shannon Goodwin, Realtor® & Rhonda Funke, Realtor®, Qualico Realty Services (MB) Ltd., at thebanks@qualico.com.
