202 Queen Street

King Edward, Winnipeg

Property score

41.8

Below average

Overall 41.8 · Older than most nearby homes

880 sqft (bottom 44%) · Built in 1912 (36 yrs older than avg)

Located in a average-income area with median household income of ~58.4k

Transit 100.0 · 1-min walk to transit with 8 nearby routes · Within 500m: 7 dining spots, 2 schools, 4 healthcare facilitys, and 3 shops nearby

Living Area

Near average

8% smaller than neighborhood avg.

Year Built

Below average

36 yrs older than neighborhood avg.

Mother tongue

English · 72%Tagalog · 8%

Past 10 years King Edward sales snapshot (~80% of all data)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

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Property score

41.8 is composed by the two sections below.

Property Score

33.9Low
Living Area32
880 sqftLow
Year Built16
1912Low
Lot Size53
4,260 sqftFair
Neighbourhood Sales Activity71
Good

Community Score

53.6Fair
Household Income62
Fair
Education Level44
Low
Housing Stress20
Low
Core Housing Need50
Fair
Employment Health68
Good

Neighbourhood Sales

King Edward

How to read: Share of sales in each ~$50k price band for “king edward” (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: #46110244

Community deep dive

$58K

Median household income

$66K

Average household income

15%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

42%

Single-person households

10%

Families with children

Population, labour & age

Population (2021)614
Labour force participation rate67%
Median age39.2
Avg household size1.9
Unemployment rate8%
Population density5116 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households42%
Couple families with children10%
Median household income (2020)$58K

Housing

Renter households64%
Condominium dwellings15%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority35%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 72%
Mother tongue (2nd)Tagalog · 8%

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

Rankings

Living Area

around average
880 sqft
0255075100
Same streetBottom 42%Same areaBottom 44%CitywideBottom 15%
Same street · Queen Street
#98 / 170
Bottom 42% · Avg 976 sqft
Same area · King Edward
#1,331 / 2,385
Bottom 44% · Avg 952 sqft
Citywide · Winnipeg
#165,778 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

below average
185k
0255075100
Same streetBottom 21%Same areaBottom 17%CitywideBottom 6%
Same street · Queen Street
#134 / 170
Bottom 21% · Avg 255k
Same area · King Edward
#1,988 / 2,385
Bottom 17% · Avg 258.2k
Citywide · Winnipeg
#182,116 / 194,458
Bottom 6% · Avg 390.1k

Year Built

below average
1912
0255075100
Same streetBottom 25%Same areaBottom 10%CitywideBottom 8%

Lot Size

around average
4,260 sqft
0255075100
Same streetTop 49%Same areaTop 38%CitywideBottom 30%

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

202 Queen Street — 27 amenities found within 500 m, across 8 categories, including 7 dining (nearest 48 m), 2 education (nearest 261 m), 4 healthcare (nearest 48 m).

Search radius
🍽️Dining7
🏫Education2
🏥Healthcare4
🛒Shopping3
🌳Parks6
Fuel Stations1
Worship3
🏛️Government1

Crime & Safety

King Edward · WPS public data · 2026

Annual incidents

32

2026

vs. city avg

+8%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

47%

Sales History

Sold 8/2016CA$100k–150k
Sold price

Same street

Bottom 7%

Same area

Bottom 5%

City-wide

Bottom 3%

Related homes

Highlights & common questions: 202 Queen Street, Winnipeg

Property Overview: 202 Queen Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a classic one-and-three-quarter storey home in Winnipeg's King Edward neighbourhood, built in 1912. With 880 sqft of living space and a 4,260 sqft lot, it presents a compact footprint with a notably generous yard for the area. The home features a basement (not renovated) and a detached garage.

Its primary appeal lies in its position as a genuine entry-point into homeownership or a strategic investment. The assessed value is significantly below averages for the street, neighbourhood, and city, suggesting a lower property tax burden and potential value opportunity. The lot size is a standout asset, offering rare outdoor space for gardens, play, or expansion in a central location. This property would suit a hands-on buyer comfortable with a home of vintage character, an investor looking for a land-value play, or a pragmatic first-time buyer prioritizing location and lot size over move-in-ready finishes. It’s a canvas for customization rather than a turn-key solution.

Section 2: Frequently Asked Questions

1. What does "below average" assessed value mean for me?
A lower assessed value typically translates to lower municipal property taxes compared to similar-sized homes in the area. It can indicate the home requires updates, but it also establishes a lower baseline for your carrying costs.

2. Is the older age of the home (1912) a concern?
Homes of this era were built with durable materials, but systems like wiring, plumbing, and insulation may need evaluation and updating. The charm comes with the responsibility of proactive maintenance.

3. The living space is compact. What are the possibilities?
The generous lot is a key asset. For future living space, the unrenovated basement presents potential, and the large yard could allow for an addition or garden suite, subject to zoning approvals.

4. How does this home compare to others on Queen Street?
It ranks around average for living and land area on its street but is below average for assessed value and year built. This suggests you’re getting a larger-than-typical lot for the street in an older home priced below its neighbours.

5. What is the neighbourhood like?
King Edward is a mature, central neighbourhood. Being close to similar vintage homes on Queen Street offers a consistent streetscape. Proximity to nearby referenced properties suggests a mix of well-maintained and more modest homes, typical of established urban areas.