250 Collegiate Street

King Edward, Winnipeg

Property score

62.3

Fair

Overall 62.3 · Larger than most nearby homes

1,286 sqft (top 10%) · Built in 1947 (1 yr older than avg)

Located in a above-average income area with median household income of ~67.5k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 14 dining spots, 3 schools, 5 shops, and 4 parks nearby

Living Area

Above average

35% larger than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 69%Tagalog · 15%

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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

62.3 is composed by the two sections below.

Property Score

59.2Fair
Living Area1,286 sqft66Good
Year Built194730Low
Lot Size5,414 sqft67Good
Neighbourhood Sales Activity71Good

Community Score

66.9Good
Household Income70Good
Education Level54Fair
Housing Stress52Fair
Core Housing Need76Good
Employment Health83Excellent

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: #46110251

Community deep dive

$68K

Median household income

$88K

Average household income

14%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.7

P90 / P10 ratio

37%

Single-person households

19%

Families with children

Population, labour & age

Population (2021)621
Labour force participation rate75%
Median age36.8
Avg household size2.2
Unemployment rate7%
Population density3450 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households37%
Couple families with children19%
Median household income (2020)$68K

Housing

Renter households29%
Condominium dwellings0%
Median dwelling value (owners)$248K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority45%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 14%

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

Rankings

Living Area

above average
1,286 sqft
0255075100
Same streetTop 11%Same areaTop 10%CitywideTop 43%
Same street · Collegiate Street
#31 / 278
Top 11% · Avg 977 sqft
Same area · King Edward
#238 / 2,385
Top 10% · Avg 952 sqft
Citywide · Winnipeg
#82,749 / 194,458
Top 43% · Avg 1,342 sqft

Tax-Assessed Value

above average
338k
0255075100
Same streetTop 16%Same areaTop 12%CitywideBottom 42%
Same street · Collegiate Street
#45 / 278
Top 16% · Avg 269.4k
Same area · King Edward
#297 / 2,385
Top 12% · Avg 258.2k
Citywide · Winnipeg
#112,954 / 194,458
Bottom 42% · Avg 390.1k

Year Built

around average
1947
0255075100
Same streetTop 37%Same areaTop 43%CitywideBottom 24%

Lot Size

above average
5,414 sqft
0255075100
Same streetTop 27%Same areaTop 15%CitywideTop 45%

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

250 Collegiate Street — 34 amenities found within 500 m, across 6 categories, including 14 dining (nearest 235 m), 3 education (nearest 367 m), 5 shopping (nearest 183 m).

Search radius
🍽️Dining14
🏫Education3
🛒Shopping5
🌳Parks4
Fuel Stations2
Worship6

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 7/2021CA$350k–400k
Sold price

Same street

Top 7%

Same area

Top 7%

City-wide

Top 38%
Sold 10/2016CA$300k–350k
Sold price

Same street

Top 20%

Same area

Top 22%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 250 Collegiate Street, Winnipeg

Property Overview

This one-and-a-half storey home on Collegiate Street in Winnipeg's King Edward neighbourhood presents a solid, value-oriented opportunity. Its key appeal lies in offering above-average space and land for the immediate area at a relatively modest assessed value. The home features 1,286 sqft of living space, a renovated basement, and a detached garage on a 5,414 sqft lot. Built in 1947, it sits comfortably within the typical age range for its street and neighbourhood.

The data suggests a property that outperforms many of its closest peers. Its living area is in the top 11% on its own street and top 10% within King Edward, meaning it offers more interior space than most comparable homes nearby. Similarly, the lot size is notably larger than many in the area. This combination of a spacious interior on a generous lot in a mature neighbourhood is its primary draw. It would suit a practical buyer looking for room to grow or live comfortably without a premium price tag, or an investor attracted by its consistent value history and the neighbourhood's stability. A thoughtful perspective is that while the home may be average city-wide in some metrics, it represents a relative standout in its specific locale, offering a "bigger fish in a smaller pond" advantage.

Frequently Asked Questions

1. How does this home's value compare to others nearby?
The home's assessed value of $33,800k is above the average for both Collegiate Street and the wider King Edward neighbourhood, placing it in the top 12-16% of comparable properties. This suggests it is viewed as a higher-value asset in the area, likely due to its larger living area and lot size.

2. What is the significance of the sold price history shown?
The home sold previously in 2021 and 2016. The price ranges indicate it has consistently sold at levels considered well above the local average for those times (top 7% in 2021, top 20% in 2016), demonstrating a history of strong market performance relative to its immediate peers.

3. Is the lot size a notable feature?
Yes. At over 5,400 sqft, the lot is significantly larger than the average for both the street and the King Edward neighbourhood (top 15-27%). This provides valuable outdoor space and potential that many homes in the area do not offer.

4. The home was built in 1947. Is that a concern?
For this area, it's typical. The build year is around the average for both Collegiate Street and King Edward. Buyers should expect the maintenance considerations common to homes of this era, but it is not an outlier in terms of age for the neighbourhood.

5. You mention a "renovated basement." What does that include?
The provided details confirm the basement is renovated but do not specify the scope or finish. This is a key point to clarify with the listing agent to understand the quality of the renovation and how the additional space is currently configured or could be used.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.