Property score
61.9
Fair
Overall 61.9 · Larger but older than most nearby homes
1,379 sqft (top 11%) · Built in 1921 (26 yrs older than avg)
Located in a above-average income area with median household income of ~75k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 2 schools, 3 parks, and 1 sports facility nearby
Living Area
Above average
32% larger than neighborhood avg.
Year Built
Below average
26 yrs older than neighborhood avg.
Mother tongue
English · 88%Tagalog · 4%
Past 10 years Kern Park sales snapshot (~80% of all data)
243
294.5k
$314/sqft
1947
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61.9 is composed by the two sections below.
Property Score
Community Score
Kern Park
How to read: Share of sales in each ~$50k price band for “kern park” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110838
$75K
Median household income
$99K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
31%
Single-person households
27%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
507 Kanata Street — 15 amenities found within 500 m, across 6 categories, including 4 dining (nearest 190 m), 2 education (nearest 105 m), 3 parks (nearest 193 m).
Kern Park · WPS public data · 2026
Annual incidents
1
2026
vs. city avg
-97%
relative to avg
Year-over-year
▼ -99%
vs. prior year
Primary type
Violent
100%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Top 14% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 507 Kanata Street, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home in Kern Park is a classic Winnipeg character property built in 1921. With 1,379 sqft of living space, it offers above-average roominess for the Kern Park neighbourhood, ranking in the top 11% locally for size. The lot is a manageable 3,660 sqft, which is typical for the area but smaller than the city-wide average, suggesting lower maintenance. A key point for buyers is the unrenovated basement, indicating potential for customization or a future project.
The appeal lies in its established neighbourhood setting and a house that provides solid space without being oversized. Its assessed value is consistent with the street and area, presenting a straightforward, mid-range option. This home would suit a practical buyer who appreciates older home character and is comfortable with a property that may need gradual updates. It’s a sensible choice for someone looking for a foothold in a mature area without the premium price of a fully modernized home, or for an investor seeking a rental property with a classic layout.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean for this home?
This is a common Winnipeg architectural style, typically featuring a full main floor and a second floor where the roofline slopes into the walls, creating cozy bedrooms with potentially slightly lower ceilings in parts. It offers more space and character than a bungalow.
2. The basement is noted as "not renovated." What should I expect?
You should anticipate a functional but unfinished or partly finished space. It likely has the core utilities (furnace, water heater) and basic rooms, but with older flooring, lighting, and wall finishes. It represents both a cost-saving on the purchase price and a future opportunity to tailor the space to your needs.
3. How does the lot size impact the property?
At 3,660 sqft, the yard is smaller than many in the city but standard for Kern Park. This means less outdoor upkeep, which can be a benefit for busy homeowners, but may limit options for large additions or extensive landscaping projects compared to properties on larger lots.
4. The home last sold in early 2022. Is that recent history relevant?
Yes. The sale two years ago establishes a very recent market price point (shown as a range). This provides a concrete benchmark for how the market valued the property post-pandemic, which is a stronger data point than older sales for understanding current value.
5. There's no garage. What are the parking options?
The property listing indicates no garage. You should plan for on-street parking or investigate the feasibility and cost of adding a driveway or a garage at the rear of the property, subject to local bylaws and the lot's layout.
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