701 Fleet Avenue

Earl Grey, Winnipeg

Property score

62.7

Fair

Overall 62.7 · Compared with neighbourhood average

1,208 sqft (top 46%) · Built in 1914 (14 yrs older than avg)

Located in a above-average income area with median household income of ~85k

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 34 dining spots, 2 schools, 1 healthcare facility, and 4 shops nearby

Living Area

Near average

0% larger than neighborhood avg.

Year Built

Near average

14 yrs older than neighborhood avg.

Mother tongue

English · 85%French · 3%

Past 10 years Earl Grey sales snapshot (~80% of all data)

Sold Count

529

Median price

295k

$/sqft

$299/sqft

Avg build year

1928

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Property score

62.7 is composed by the two sections below.

Property Score

49.1Low
Living Area66
1,208 sqftGood
Year Built16
1914Low
Lot Size18
2,308 sqftLow
Neighbourhood Sales Activity71
Good

Community Score

83.1Excellent
Household Income79
Good
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

Earl Grey

How to read: Share of sales in each ~$50k price band for “earl grey” (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: #46110392

Community deep dive

$85K

Median household income

$90K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

32%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)509
Labour force participation rate74%
Median age37.6
Avg household size2.2
Unemployment rate7%
Population density4627 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households32%
Couple families with children26%
Median household income (2020)$85K

Housing

Renter households26%
Condominium dwellings4%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority16%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 85%
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

around average
1,208 sqft
0255075100
Same streetTop 36%Same areaTop 46%CitywideTop 49%
Same street · Fleet Avenue
#111 / 309
Top 36% · Avg 1,152 sqft
Same area · Earl Grey
#568 / 1,239
Top 46% · Avg 1,206 sqft
Citywide · Winnipeg
#95,958 / 194,458
Top 49% · Avg 1,342 sqft

Tax-Assessed Value

below average
250k
0255075100
Same streetBottom 19%Same areaBottom 23%CitywideBottom 17%
Same street · Fleet Avenue
#249 / 309
Bottom 19% · Avg 320.8k
Same area · Earl Grey
#959 / 1,239
Bottom 23% · Avg 319.3k
Citywide · Winnipeg
#161,091 / 194,458
Bottom 17% · Avg 390.1k

Year Built

around average
1914
0255075100
Same streetBottom 34%Same areaTop 42%CitywideBottom 11%

Lot Size

below average
2,308 sqft
0255075100
Same streetBottom 9%Same areaBottom 7%CitywideBottom 2%

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

701 Fleet Avenue — 49 amenities found within 500 m, across 8 categories, including 34 dining (nearest 313 m), 2 education (nearest 58 m), 1 healthcare (nearest 480 m).

Search radius
🍽️Dining34
🏫Education2
🏥Healthcare1
🛒Shopping4
🌳Parks3
💪Sports1
Fuel Stations2
Worship2

Crime & Safety

Earl Grey · WPS public data · 2026

Annual incidents

46

2026

vs. city avg

+56%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

63%

Sales History

Sold 7/2022CA$200k–250k
Sold price

Same street

Bottom 10%

Same area

Bottom 14%

City-wide

Bottom 16%

Related homes

Highlights & common questions: 701 Fleet Avenue, Winnipeg

Property Summary: 701 Fleet Avenue, Winnipeg

Key Characteristics & Appeal

This is a classic two-storey home in the established Earl Grey neighbourhood, built in 1914. With 1,208 sqft of living space, it offers a practical layout that is very much in line with the average for the area. A key feature is the renovated basement, which adds valuable finished space. The home sits on a modest 2,308 sqft lot, which is smaller than most in the city but typical for this older, central part of Winnipeg.

The primary appeal lies in its location within a sought-after neighbourhood and the value proposition it represents. Its assessed value is notably below the averages for its street, neighbourhood, and the wider city, which can be attractive for buyers looking for an entry point into a desirable area. This isn't a sprawling property; its charm is in being a manageable, character home in a prime location. It would suit first-time buyers, downsizers, or investors seeking a character property in Earl Grey without the premium price tag of a larger lot or a fully modernized build. The renovated basement adds immediate functionality, making it move-in ready for someone who appreciates classic architecture but may not want to tackle a major project.

Frequently Asked Questions

1. Is the smaller lot size a significant drawback?
While the lot is below average in size city-wide, it is quite typical for the Earl Grey area. This often means lower maintenance, which can be a benefit for many buyers. The trade-off is access to a mature, central neighbourhood without the yard work of a larger property.

2. The home was last sold in July 2022. What does that mean?
The recent sale suggests the current owners have had a relatively short tenure. It's wise to inquire about their reason for selling to understand if there are any underlying factors. Conversely, it may also indicate updates were made by the previous owner with the intention of a quick resale.

3. How does the assessed value relate to the likely sale price?
The assessed value ($250k) is for municipal tax purposes and is often below market value. Given that it's notably lower than area averages, the sale price will be more influenced by current market conditions, the home's updated condition, and buyer demand for the neighbourhood.

4. What are the implications of the home's age (1914)?
A home of this age offers character but requires due diligence. While the basement has been renovated, potential buyers should prioritize a thorough inspection to assess the state of major systems (plumbing, electrical, roof, foundation) common in century-old homes.

5. There's no garage. What are the parking options?
The listing indicates no garage. Buyers should verify on-street parking regulations with the city and observe the typical parking availability on Fleet Avenue during different times to gauge convenience.