312 Collegiate Street

King Edward, Winnipeg

Property score

44.9

Below average

Overall 44.9 · Older than most nearby homes

880 sqft (bottom 44%) · Built in 1914 (34 yrs older than avg)

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

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 8 dining spots, 1 healthcare facility, 2 shops, and 4 parks nearby

Living Area

Near average

8% smaller than neighborhood avg.

Year Built

Below average

34 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

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Property score

44.9 is composed by the two sections below.

Property Score

30.2Low
Living Area32
880 sqftLow
Year Built16
1914Low
Lot Size28
2,708 sqftLow
Neighbourhood Sales Activity71
Good

Community Score

66.9Good
Household Income70
Good
Education Level54
Fair
Housing Stress52
Fair
Core Housing Need76
Good
Employment Health83
Excellent

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

around average
880 sqft
0255075100
Same streetBottom 43%Same areaBottom 44%CitywideBottom 15%
Same street · Collegiate Street
#158 / 278
Bottom 43% · Avg 977 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

around average
224k
0255075100
Same streetBottom 32%Same areaBottom 36%CitywideBottom 12%
Same street · Collegiate Street
#188 / 278
Bottom 32% · Avg 269.4k
Same area · King Edward
#1,531 / 2,385
Bottom 36% · Avg 258.2k
Citywide · Winnipeg
#171,172 / 194,458
Bottom 12% · Avg 390.1k

Year Built

below average
1914
0255075100
Same streetBottom 12%Same areaBottom 21%CitywideBottom 11%

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

312 Collegiate Street — 20 amenities found within 500 m, across 6 categories, including 8 dining (nearest 91 m), 1 healthcare (nearest 404 m), 2 shopping (nearest 122 m).

Search radius
🍽️Dining8
🏥Healthcare1
🛒Shopping2
🌳Parks4
Fuel Stations1
Worship4

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 8/2022CA$200k–250k
Sold price

Same street

Bottom 46%

Same area

Bottom 42%

City-wide

Bottom 18%
Sold 6/2017CA$150k–200k
Sold price

Same street

Bottom 7%

Same area

Bottom 9%

City-wide

Bottom 4%

Related homes

Highlights & common questions: 312 Collegiate Street, Winnipeg

Property Overview

312 Collegiate Street is a classic one-storey home in Winnipeg's King Edward neighbourhood. Built in 1914, it offers 880 square feet of living space on a 2,708 square foot lot. The home has a basement that is noted as not being renovated, and features no garage or pool. Its assessed value is $22,400. Recent sales data shows it sold in August 2022 for an estimated $21,500–$24,500, following a prior sale in June 2017 for $13,500–$16,500.

Key Characteristics & Appeal

This home presents a straightforward, no-frills opportunity in a central neighbourhood. Its primary appeal lies in affordability and location, offering a entry point into homeownership. The house is notably older and more compact than both city and area averages, which is reflected in its price point.

It would suit a specific type of buyer: a first-time purchaser, an investor looking for a rental property, or someone seeking a modest, low-maintenance footprint. The value here is in the land and location, not in finished condition or size. A thoughtful perspective is that this property isn't competing with modern, renovated homes; it's an affordable canvas. For the right buyer, its below-average costs for taxes and upkeep could free up budget for gradual improvements or simply for living. The fact that it ranks around average for size and value within its own immediate street and neighbourhood suggests it fits the local context well, offering community fit without premium cost.

Frequently Asked Questions

1. What does "basement not renovated" mean?
This typically indicates the basement is in original or utilitarian condition, likely suited for storage and mechanical systems rather than finished living space. It may present future potential but requires inspection for moisture issues and code compliance.

2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's older age, smaller size, and lack of renovations compared to the broader Winnipeg market. It is, however, aligned with averages for the King Edward area, which is common for well-established, central neighbourhoods with older housing stock.

3. How can I understand the ranking metrics (e.g., Top 57%)?
These rankings compare this home against groups of similar properties. For example, "Top 57% for Living Area on Collegiate Street" means 43% of homes on the street are larger, and 57% are smaller. It's a quick way to see how the property measures up locally.

4. Is the lack of a garage a significant drawback?
This depends on lifestyle and need. Many homes in older neighbourhoods lack garages. On-street parking is common. For some buyers, this is a trade-off for location and character; for others, it may be a practical inconvenience.

5. The home sold recently in 2022. What does that indicate?
The relatively quick resale could indicate a number of things—an investor flipping the property, a change in an owner's circumstances, or a homeowner completing a minor hold. It underscores the importance of a thorough inspection and understanding what, if any, work was done during that ownership period.