220 King Edward Street

King Edward, Winnipeg

78.8

Good

Overall 78.8

Larger and newer than most nearby homes

1,620 sqft (top 2%)

Built in 2018 (70 yrs newer than avg)

Located in a above-average income area

with median household income of ~83k

Transit 92.0

3-min walk to transit with 8 nearby routes

Within 500m: 7 dining spots, 2 schools, 3 healthcare facilitys, and 3 shops nearby

Living Area

Above average

70% larger than neighborhood avg.

Year Built

Above average

70 yrs newer than neighborhood avg.

Mother tongue

English · 72%Tagalog · 9%

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

78.8 is composed by the two sections below.

Property Score

79.7Good
Living Area1,620 sqft83Excellent
Year Built201897Excellent
Lot Size3,814 sqft46Low
Neighbourhood Sales Activity71Good

Community Score

77.5Good
Household Income78Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110243

Community deep dive

$83K

Median household income

$91K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

26%

Single-person households

22%

Families with children

Population, labour & age

Population (2021)550
Labour force participation rate69%
Median age36.8
Avg household size2.5
Unemployment rate7%
Population density3666 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households26%
Couple families with children22%
Median household income (2020)$83K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority45%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 71%
Mother tongue (2nd)Tagalog · 9%

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

Rankings

Living Area

Elite
1,620 sqft
0255075100
Same streetTop 2%Same areaTop 2%CitywideTop 24%
Same street · King Edward Street
#7 / 347
Top 2% · Avg 953 sqft
Same area · King Edward
#37 / 2,385
Top 2% · Avg 952 sqft
Citywide · Winnipeg
#47,279 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

Elite
447k
0255075100
Same streetTop 3%Same areaTop 2%CitywideTop 29%
Same street · King Edward Street
#9 / 347
Top 3% · Avg 276.7k
Same area · King Edward
#57 / 2,385
Top 2% · Avg 258.2k
Citywide · Winnipeg
#56,208 / 194,458
Top 29% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 3%Same areaTop 5%CitywideTop 4%

Lot Size

around average
3,814 sqft
0255075100
Same streetTop 48%Same areaTop 46%CitywideBottom 23%

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

220 King Edward Street — 27 amenities found within 500 m, across 8 categories, including 7 dining (nearest 152 m), 2 education (nearest 301 m), 3 healthcare (nearest 146 m).

Search radius
🍽️Dining7
🏫Education2
🏥Healthcare3
🛒Shopping3
🌳Parks6
Fuel Stations1
Worship4
🏛️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 1/2019CA$350k–400k
Sold price

Same street

Top 20%

Same area

Top 11%

City-wide

Top 46%

Related homes

Highlights & common questions: 220 King Edward Street, Winnipeg

Property Overview: 220 King Edward Street, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 2018, stands out for its modern construction in a neighbourhood of predominantly older homes. Its primary appeal lies in offering a move-in-ready, contemporary living space without the typical maintenance concerns of a century-old property. With 1,620 sqft of living area, it provides significantly more interior space than most local comparables, placing it in the top 2% of homes in the King Edward area. The home also features a renovated basement, adding to its functional space.

The property is ideally suited for buyers who prioritize modern amenities and space but wish to be part of an established, central Winnipeg community. It’s a practical choice for those looking to avoid immediate major renovations. A thoughtful perspective is that while the land size is average for the street, the modern build on a standard lot represents an efficient use of space focused on the home itself, rather than extensive outdoor grounds. The assessed value is notably higher than area averages, reflecting its newer condition and larger size, which may appeal to buyers seeking a long-term home with modern infrastructure.


Frequently Asked Questions

1. How does the age of this home compare to others on the street?
This home was built in 2018, making it exceptionally new for the area. Most comparable homes on King Edward Street were built around 1957, so this property avoids many of the aging system and upkeep issues common in the neighbourhood.

2. Is the living space larger than typical homes nearby?
Yes, significantly. With 1,620 sqft, it ranks in the top 2% for living area in the King Edward area, where the average comparable home is about 953 sqft.

3. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the finishes or layout. This would be a key detail to clarify with the seller or listing agent to understand the quality and potential uses of the additional space.

4. There is no garage. Is street parking readily available?
The listing shows no garage. Given the home's central location and standard lot size, prospective buyers should investigate the specific street parking regulations and typical availability on King Edward Street.

5. The assessed value seems high for the area. Why is that?
The assessed value of $44.70k is in the top 3% for the street, reflecting the home's newer construction year, larger square footage, and modern renovations compared to the area's older housing stock. This suggests it may offer lower immediate repair costs and higher energy efficiency.

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