124 Collegiate Street

Bruce Park, Winnipeg

Property score

48.7

Below average

Overall 48.7 · Smaller and older than most nearby homes

957 sqft (bottom 23%) · Built in 1918 (22 yrs older than avg)

Located in a above-average income area with median household income of ~69k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 9 dining spots, 3 schools, 1 shop, and 1 park nearby

Living Area

Below average

28% smaller than neighborhood avg.

Year Built

Below average

22 yrs older than neighborhood avg.

Mother tongue

English · 84%Tagalog · 4%

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

Sold Count

193

Median price

190k

$/sqft

$201/sqft

Avg build year

1940

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Property score

48.7 is composed by the two sections below.

Property Score

35.0Low
Living Area42
957 sqftLow
Year Built16
1918Low
Lot Size28
2,712 sqftLow
Neighbourhood Sales Activity48
Low

Community Score

69.3Good
Household Income70
Good
Education Level72
Good
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health60
Fair

Neighbourhood Sales

Bruce Park

How to read: Share of sales in each ~$50k price band for “bruce 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: #46110250

Community deep dive

$69K

Median household income

$100K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.5

P90 / P10 ratio

44%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)468
Labour force participation rate63%
Median age51.6
Avg household size1.9
Unemployment rate11%
Population density1800 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households44%
Couple families with children14%
Median household income (2020)$69K

Housing

Renter households50%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority17%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Tagalog · 4%

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

Rankings

Living Area

around average
957 sqft
0255075100
Same streetTop 45%Same areaBottom 23%CitywideBottom 22%
Same street · Collegiate Street
#126 / 278
Top 45% · Avg 977 sqft
Same area · Bruce Park
#469 / 606
Bottom 23% · Avg 1,330 sqft
Citywide · Winnipeg
#151,997 / 194,458
Bottom 22% · Avg 1,342 sqft

Tax-Assessed Value

below average
195k
0255075100
Same streetBottom 17%Same areaBottom 2%CitywideBottom 8%
Same street · Collegiate Street
#230 / 278
Bottom 17% · Avg 269.4k
Same area · Bruce Park
#594 / 606
Bottom 2% · Avg 352.3k
Citywide · Winnipeg
#179,759 / 194,458
Bottom 8% · Avg 390.1k

Year Built

around average
1918
0255075100
Same streetTop 49%Same areaBottom 28%CitywideBottom 12%

Lot Size

around average
2,712 sqft
0255075100
Same streetBottom 49%Same areaBottom 10%CitywideBottom 8%

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

124 Collegiate Street — 17 amenities found within 500 m, across 6 categories, including 9 dining (nearest 310 m), 3 education (nearest 272 m), 1 shopping (nearest 458 m).

Search radius
🍽️Dining9
🏫Education3
🛒Shopping1
🌳Parks1
Fuel Stations2
Worship1

Crime & Safety

Bruce Park · WPS public data · 2026

Annual incidents

4

2026

vs. city avg

-86%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

75%

Sales History

Sold 7/2020CA$150k–200k
Sold price

Same street

Bottom 28%

Same area

Bottom 9%

City-wide

Bottom 9%

Related homes

Highlights & common questions: 124 Collegiate Street, Winnipeg

Property Overview: 124 Collegiate Street, Bruce Park, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1918, presents a straightforward opportunity in Winnipeg's Bruce Park neighborhood. Its key characteristics include a 957 sqft living area, a 2,712 sqft lot, a detached garage, and a basement that is noted as not being renovated.

The primary appeal lies in its position as a modest, lower-priced entry point into the market. The data reveals a thoughtful perspective: while the home's size and assessed value are below the broader city and neighborhood averages, they are much more aligned with the averages for Collegiate Street itself. This suggests it's a typical property for its specific, established street, potentially offering a more affordable and authentic slice of the area without the premium of a larger, modernized home. It suits a pragmatic first-time buyer, an investor looking for a rental property, or someone seeking a smaller footprint with land. The 1918 build date appeals to those who appreciate older home character, but buyers should be prepared for the maintenance and update projects that come with a century-old structure, starting with the unrenovated basement.

Section 2: Frequently Asked Questions

1. Is this a "below average" property?
It depends on the comparison. Compared to the entire city or even the broader Bruce Park area, its size and value metrics are below average. However, within its immediate context on Collegiate Street, it ranks around the middle, indicating it is quite typical for this specific location.

2. What does the assessed value of $19.50k mean for the likely sale price?
In Winnipeg, the assessed value for taxation purposes is typically much lower than the market sale price. The last recorded sale was in July 2020 for $19.10k, closely matching the current assessment. A current market price would be determined by recent sales of similar homes and market conditions.

3. Who is responsible for verifying the condition of the basement?
The listing explicitly states the basement is "not renovated." It is the buyer's responsibility, through a professional home inspection, to determine its exact condition, identify any moisture issues, and assess the scope of any potential renovation needs.

4. What are the advantages of a detached garage?
A detached garage offers flexibility. It can be used for vehicle storage, a workshop, or extra storage without impacting the living space of the main house. It may also provide more options for future landscaping or garden space on the lot.

5. The home is over 100 years old. What should I consider?
While offering classic charm, a home from 1918 will likely have older systems (plumbing, electrical, heating) and require diligent upkeep. The unrenovated state suggests many original features may be intact, which could be a project for restoration or a candidate for modernization, so budgeting for updates is essential.