226 Queen Street

King Edward, Winnipeg

Property score

57.0

Fair

Overall 57.0 · Larger than most nearby homes

1,134 sqft (top 20%) · Built in 1946 (2 yrs older than avg)

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

Transit 100.0 · 2-min walk to transit with 8 nearby routes · Within 500m: 12 dining spots, 2 schools, 5 healthcare facilitys, and 3 shops nearby

Living Area

Above average

19% larger than neighborhood avg.

Year Built

Near average

2 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

57.0 is composed by the two sections below.

Property Score

59.2Fair
Living Area1,134 sqft60Fair
Year Built194630Low
Lot Size7,760 sqft91Excellent
Neighbourhood Sales Activity71Good

Community Score

53.6Fair
Household Income62Fair
Education Level44Low
Housing Stress20Low
Core Housing Need50Fair
Employment Health68Good

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

above average
1,134 sqft
0255075100
Same streetTop 25%Same areaTop 20%CitywideBottom 43%
Same street · Queen Street
#42 / 170
Top 25% · Avg 976 sqft
Same area · King Edward
#466 / 2,385
Top 20% · Avg 952 sqft
Citywide · Winnipeg
#110,303 / 194,458
Bottom 43% · Avg 1,342 sqft

Tax-Assessed Value

above average
336k
0255075100
Same streetTop 16%Same areaTop 13%CitywideBottom 41%
Same street · Queen Street
#27 / 170
Top 16% · Avg 255k
Same area · King Edward
#311 / 2,385
Top 13% · Avg 258.2k
Citywide · Winnipeg
#114,442 / 194,458
Bottom 41% · Avg 390.1k

Year Built

around average
1946
0255075100
Same streetTop 49%Same areaTop 47%CitywideBottom 23%

Lot Size

Elite
7,760 sqft
0255075100
Same streetTop 9%Same areaTop 1%CitywideTop 12%

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

226 Queen Street — 35 amenities found within 500 m, across 9 categories, including 12 dining (nearest 107 m), 2 education (nearest 311 m), 5 healthcare (nearest 136 m).

Search radius
🍽️Dining12
🏫Education2
🏥Healthcare5
🛒Shopping3
🌳Parks6
🏦Finance1
Fuel Stations2
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 11/2020CA$300k–350k
Sold price

Same street

Top 18%

Same area

Top 20%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 226 Queen Street, Winnipeg

Property Overview

This one-and-a-half storey home at 226 Queen Street in Winnipeg's King Edward neighbourhood presents a compelling opportunity. Its primary appeal lies in a rare combination of a generous, above-average lot size and a recently renovated basement, all within a classic 1946 build.

Key Characteristics & Ideal Buyer

The standout feature is the land. At over 7,700 square feet, the lot size is in the top 1% for the King Edward area, offering exceptional outdoor space that is uncommon for the neighbourhood. The home itself, with 1,134 sqft of living space, is comfortably above average for its immediate area. A key modern update is the renovated basement, adding functional living space. The detached garage and the home's assessed value, which is strong for the street and neighbourhood, round out the profile.

This property would suit a buyer who values private outdoor space above all else, perhaps for gardening, recreation, or future expansion. It’s ideal for someone seeking a character home in a central neighbourhood but who doesn’t want to compromise on yard size. The renovated basement also makes it practical for those needing flexible living or storage space without an immediate renovation project.


Frequently Asked Questions

1. How does the lot size compare to typical city lots?
The 7,760 sqft lot is significantly larger than the Winnipeg city average of approximately 6,570 sqft and is exceptionally large for the King Edward neighbourhood, where comparable lots average less than 4,000 sqft.

2. Is the living space modern or original?
The home is a 1946 character build. While specific interior finishes aren't detailed, the basement has been renovated, suggesting updated living space below grade. The main living areas likely retain a classic layout.

3. What does the "above average" assessed value indicate?
The assessed value is in the top 16% on its own street and top 13% in the King Edward neighbourhood. This generally suggests the property is viewed favorably relative to its local peers, potentially due to its large lot and updates.

4. What are the potential considerations with a home of this age?
Built in 1946, the home is around average age for its area. Buyers should budget for potential updates to major aging components like the roof, plumbing, or electrical systems, which are common for homes of this vintage.

5. How can I find out the exact historical sale price?
The listed sale price range is based on public data. The exact sale price is available by request via email from the listing source, which provides the accurate figure manually without using your email for marketing.

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