2699 King Edward Street

Inkster Gardens, Winnipeg

Property score

70.2

Good

Overall 70.2 · Smaller than most nearby homes

1,022 sqft (bottom 14%) · Built in 2008 (9 yrs newer than avg)

Located in a high-income area with median household income of ~121k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 3 parks, and 1 place of worship nearby

Living Area

Below average

28% smaller than neighborhood avg.

Year Built

Near average

9 yrs newer than neighborhood avg.

Mother tongue

Punjabi · 33%English · 33%

Past 10 years Inkster Gardens sales snapshot (~80% of all data)

Sold Count

540

Median price

447.1k

$/sqft

$350/sqft

Avg build year

1999

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Property score

70.2 is composed by the two sections below.

Property Score

59.4Fair
Living Area1,022 sqft52Fair
Year Built200890Excellent
Lot Size3,691 sqft46Low
Neighbourhood Sales Activity65Good

Community Score

86.3Excellent
Household Income91Excellent
Education Level72Good
Housing Stress74Good
Core Housing Need100Excellent
Employment Health90Excellent

Neighbourhood Sales

Inkster Gardens

How to read: Share of sales in each ~$50k price band for “inkster gardens” (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: #46111118

Community deep dive

$121K

Median household income

$133K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

5%

Single-person households

50%

Families with children

Population, labour & age

Population (2021)3,661
Labour force participation rate78%
Median age31.6
Avg household size4.0
Unemployment rate6%
Population density479 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households5%
Couple families with children50%
Median household income (2020)$121K

Housing

Renter households9%
Condominium dwellings3%
Median dwelling value (owners)$440K

Diversity, education & language

Immigrants (share of pop.)51%
Visible minority86%
Bachelor's or higher (25–64)36%
Mother tongue (1st)Punjabi · 33%
Mother tongue (2nd)English · 32%

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

Rankings

Living Area

around average
1,022 sqft
0255075100
Same streetTop 37%Same areaBottom 14%CitywideBottom 28%
Same street · King Edward Street
#129 / 347
Top 37% · Avg 953 sqft
Same area · Inkster Gardens
#1,244 / 1,446
Bottom 14% · Avg 1,422 sqft
Citywide · Winnipeg
#139,391 / 194,458
Bottom 28% · Avg 1,342 sqft

Tax-Assessed Value

above average
401k
0255075100
Same streetTop 12%Same areaBottom 41%CitywideTop 38%
Same street · King Edward Street
#40 / 347
Top 12% · Avg 276.7k
Same area · Inkster Gardens
#850 / 1,446
Bottom 41% · Avg 454.9k
Citywide · Winnipeg
#73,989 / 194,458
Top 38% · Avg 390.1k

Year Built

above average
2008
0255075100
Same streetTop 10%Same areaTop 41%CitywideTop 13%

Lot Size

around average
3,691 sqft
0255075100
Same streetBottom 41%Same areaBottom 18%CitywideBottom 22%

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

2699 King Edward Street — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 295 m).

Search radius
🌳Parks3
Worship1

Crime & Safety

Inkster Gardens · WPS public data · 2026

Annual incidents

4

2026

vs. city avg

-86%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

75%

Sales History

Sold 1/2019CA$350k–400k
Sold price

Same street

Top 18%

Same area

Bottom 39%

City-wide

Top 43%

Related homes

Highlights & common questions: 2699 King Edward Street, Winnipeg

Property Overview: 2699 King Edward Street, Winnipeg

Key Characteristics & Appeal

This one-storey home in Inkster Gardens is a practical and modern offering. Built in 2008, it is notably newer than most homes in its immediate neighborhood and across Winnipeg, suggesting fewer immediate concerns with aging components. The 1,022 sqft living space is compact but efficiently sized for its area, and it features a renovated basement and an attached garage. Its assessed value is strong for the specific street, indicating it is viewed favorably relative to its closest neighbors.

The primary appeal lies in its modern foundation within an established area. It suits first-time buyers or downsizers seeking a low-maintenance, move-in-ready home without the premium of a brand-new build. It also represents a sensible choice for value-focused investors or homeowners who prioritize newer mechanical systems and building codes over square footage. A thoughtful perspective is that while the lot is smaller than area averages, this translates to less yard upkeep, aligning perfectly with a lock-and-leave or simplified lifestyle.

Frequently Asked Questions

1. How does the property’s value compare to the area?
The home’s assessed value ranks above average for King Edward Street itself but is around average for the broader Inkster Gardens neighborhood. This suggests it is a solid, well-regarded property on its specific block.

2. What are the main advantages of the build year?
Constructed in 2008, the home benefits from modern building standards, materials, and energy efficiency codes. This often means updated electrical, plumbing, and insulation compared to much of the city’s older housing stock, potentially lowering maintenance costs.

3. Is the living space smaller than average?
Yes. At 1,022 sqft, the living area is below the average for both the Inkster Gardens neighborhood and the city overall. This emphasizes a efficient use of space and would best suit those comfortable with a cozy footprint.

4. What does the sold price history indicate?
Public records show it last sold in early 2019 for an estimated range of $34.5k to $37.5k. The current assessed value of $40.10k has appreciated since then. For an exact historical sold price, you can request the information via email from the source.

5. Who might this property not suit?
Buyers prioritizing large interior spaces, extensive yard size, or seeking a home significantly below average assessed value for investment might find other options more suitable. It’s geared toward those who value modern construction and simplicity over sheer size.

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