125 Collegiate Street

Bruce Park, Winnipeg

Property score

73.5

Good

Overall 73.5 · Larger and newer than most nearby homes

1,529 sqft (top 24%) · Built in 2024 (84 yrs newer than avg)

Located in a above-average income area with median household income of ~81k

Transit 76.0 · 6-min walk to transit with 4 nearby routes · Within 500m: 8 dining spots, 3 schools, 2 shops, and 1 park nearby

Living Area

Above average

15% larger than neighborhood avg.

Year Built

Above average

84 yrs newer than neighborhood avg.

Mother tongue

English · 88%French · 3%

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

Sold Count

193

Median price

190k

$/sqft

$201/sqft

Avg build year

1940

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

73.5 is composed by the two sections below.

Property Score

74.0Good
Living Area1,529 sqft79Good
Year Built2024100Excellent
Lot Size2,712 sqft28Low
Neighbourhood Sales Activity48Low

Community Score

72.7Good
Household Income77Good
Education Level63Fair
Housing Stress63Fair
Core Housing Need63Fair
Employment Health90Excellent

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: #46110249

Community deep dive

$81K

Median household income

$87K

Average household income

10%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

30%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)364
Labour force participation rate80%
Median age40.8
Avg household size2.2
Unemployment rate6%
Population density3309 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households30%
Couple families with children21%
Median household income (2020)$81K

Housing

Renter households14%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority16%
Bachelor's or higher (25–64)31%
Mother tongue (1st)English · 87%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

Elite
1,529 sqft
0255075100
Same streetTop 4%Same areaTop 24%CitywideTop 29%
Same street · Collegiate Street
#11 / 278
Top 4% · Avg 977 sqft
Same area · Bruce Park
#146 / 606
Top 24% · Avg 1,330 sqft
Citywide · Winnipeg
#56,049 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

Elite
537k
0255075100
Same streetTop 1%Same areaTop 7%CitywideTop 14%
Same street · Collegiate Street
#1 / 278
Top 1% · Avg 269.4k
Same area · Bruce Park
#43 / 606
Top 7% · Avg 352.3k
Citywide · Winnipeg
#27,856 / 194,458
Top 14% · Avg 390.1k

Year Built

Elite
2024
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 1%

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

125 Collegiate Street — 17 amenities found within 500 m, across 6 categories, including 8 dining (nearest 313 m), 3 education (nearest 292 m), 2 shopping (nearest 467 m).

Search radius
🍽️Dining8
🏫Education3
🛒Shopping2
🌳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 2/2024CA$500k–550k
Sold price

Same street

Top 1%

Same area

Top 3%

City-wide

Top 12%

Related homes

Highlights & common questions: 125 Collegiate Street, Winnipeg

Property Overview: 125 Collegiate Street, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Bruce Park is defined by its modern foundation and efficient scale. Built in 2024, it is a notably new construction for the area, offering move-in readiness with a renovated basement. With 1,529 sqft of living space, it provides ample room for a small family or couple, ranking well above average for size both on its street and in the wider neighbourhood.

The primary appeal lies in its balance of new-build benefits within an established community. You gain modern systems, insulation, and layout efficiencies without the full cost or wait of a custom build. The lot size (2,712 sqft) is average for Collegiate Street, suggesting a manageable yard with less maintenance than larger, older properties nearby. Its strong assessed and recent sale value relative to local comparables indicates a solid initial investment in a desirable pocket of Bruce Park.

This property would best suit first-time homeowners or downsizers seeking a low-maintenance, modern home without leaving a mature neighbourhood. It’s also a practical fit for investors or buyers who value newer mechanicals and building envelope, preferring to decorate rather than renovate.

Section 2: Frequently Asked Questions

1. Is the price reflective of a new build?
While built in 2024, the sale price aligns closely with the home's assessed value and recent sales of similar-valued properties in Winnipeg. The value proposition is less about "new construction premium" and more about the cost certainty and modern efficiency it provides compared to an older home requiring updates.

2. What does the "renovated basement" include?
The listing specifies a renovated basement, but the scope and finish level are not detailed. This should be a key point of inquiry to understand if it’s a finished living space, a modernized utility area, or has legal suite potential.

3. How does no garage impact convenience and value?
The property has no garage. For the area, this is not uncommon, but buyers should consider on-street parking protocols with the city and factor in the cost of adding a shed or covered parking if desired.

4. The lot is smaller than the neighbourhood average. Is that a concern?
The lot is average for Collegiate Street but below the broader Bruce Park average. This translates to less outdoor maintenance—a plus for some—but may limit expansion possibilities. The trade-off is a newer, larger home on a proportionally smaller parcel.

5. Why is the assessed value so much lower than the city-wide average?
The city-wide average assessed value includes all property types and sizes across Winnipeg. This home’s assessment is appropriately higher than most on its street and in Bruce Park, confirming its relative premium in its immediate market context.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.