259 Collegiate Street

King Edward, Winnipeg

Property score

39.5

Below average

Overall 39.5 · Smaller than most nearby homes

662 sqft (bottom 7%) · Built in 1918 (30 yrs older than avg)

Located in a above-average income area with median household income of ~76k

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 14 dining spots, 3 schools, 1 healthcare facility, and 5 shops nearby

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Near average

30 yrs older than neighborhood avg.

Mother tongue

English · 77%Tagalog · 10%

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

39.5 is composed by the two sections below.

Property Score

20.0Low
Living Area15
662 sqftLow
Year Built16
1918Low
Lot Size28
2,708 sqftLow
Neighbourhood Sales Activity71
Good

Community Score

68.8Good
Household Income75
Good
Education Level54
Fair
Housing Stress74
Good
Core Housing Need63
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: #46110241

Community deep dive

$76K

Median household income

$74K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

30%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)496
Labour force participation rate74%
Median age36.4
Avg household size2.3
Unemployment rate19%
Population density4509 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households30%
Couple families with children23%
Median household income (2020)$76K

Housing

Renter households22%
Condominium dwellings0%
Median dwelling value (owners)$244K

Diversity, education & language

Immigrants (share of pop.)25%
Visible minority33%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 76%
Mother tongue (2nd)Tagalog · 10%

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

Rankings

Living Area

below average
662 sqft
0255075100
Same streetBottom 6%Same areaBottom 7%CitywideBottom 2%
Same street · Collegiate Street
#260 / 278
Bottom 6% · Avg 977 sqft
Same area · King Edward
#2,219 / 2,385
Bottom 7% · Avg 952 sqft
Citywide · Winnipeg
#190,391 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

below average
198k
0255075100
Same streetBottom 18%Same areaBottom 24%CitywideBottom 8%
Same street · Collegiate Street
#227 / 278
Bottom 18% · Avg 269.4k
Same area · King Edward
#1,819 / 2,385
Bottom 24% · Avg 258.2k
Citywide · Winnipeg
#179,032 / 194,458
Bottom 8% · Avg 390.1k

Year Built

around average
1918
0255075100
Same streetTop 49%Same areaBottom 44%CitywideBottom 12%

Lot Size

below average
2,708 sqft
0255075100
Same streetBottom 18%Same areaBottom 29%CitywideBottom 7%

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

259 Collegiate Street — 34 amenities found within 500 m, across 7 categories, including 14 dining (nearest 269 m), 3 education (nearest 416 m), 1 healthcare (nearest 457 m).

Search radius
🍽️Dining14
🏫Education3
🏥Healthcare1
🛒Shopping5
🌳Parks3
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 9/2020CA$150k–200k
Sold price

Same street

Bottom 30%

Same area

Bottom 26%

City-wide

Bottom 9%

Related homes

Highlights & common questions: 259 Collegiate Street, Winnipeg

Property Overview: 259 Collegiate Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1918 on a standard city lot in the King Edward neighbourhood. Its key characteristic is its modest scale, with a living area of 662 sq ft that places it well below average size for the street, neighbourhood, and city. This is reflected in its assessed value, which is also notably below these averages. The home includes a detached garage.

The appeal lies in its simplicity and potential as an entry point into the market. It represents a low-barrier option for a first-time buyer or an investor seeking a straightforward, manageable property. Its older vintage offers classic charm but implies a need for conscientious maintenance or thoughtful updates. A less obvious perspective is that its smaller footprint can mean lower utility costs and less space to maintain, which suits a minimalist lifestyle or a buyer looking to keep ongoing expenses predictable. This property would suit a pragmatic, budget-conscious buyer who values location over size and is prepared for the realities of caring for an older home.

Section 2: Frequently Asked Questions

1. Is this a "tiny home"?
While significantly smaller than the average Winnipeg home, at 662 sq ft it is larger than most modern definitions of a "tiny home." It is best described as a compact, classic one-storey house.

2. Why is the assessed value so much lower than the city-wide average?
The assessed value is primarily a function of the home's very small size and older age compared to the broader city market, where average homes are much larger and often newer.

3. What should I consider with a home from 1918?
Prospective buyers should prioritize a thorough inspection. While systems like wiring and plumbing may have been updated over the years, an older home typically requires a proactive maintenance mindset and budget for potential repairs.

4. How does the lot size compare?
The land area of 2,708 sq ft is below average for the area but is a standard city lot size. It provides adequate outdoor space for a garden or patio without being burdensome to maintain.

5. The last sold price shown is a range. How can I get the exact figure?
The exact historical sold price is available upon request from the listing service. You can provide your email to receive the precise figure, which they provide manually without using your contact for unsolicited marketing.