347 Collegiate Street

King Edward, Winnipeg

Property score

44.6

Below average

Overall 44.6 · Smaller and older than most nearby homes

670 sqft (bottom 8%) · Built in 1915 (33 yrs older than avg)

Located in a above-average income area with median household income of ~81k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 healthcare facility, 1 shop, and 4 parks nearby

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Below average

33 yrs older than neighborhood avg.

Mother tongue

English · 64%Tagalog · 14%

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

44.6 is composed by the two sections below.

Property Score

25.8Low
Living Area15
670 sqftLow
Year Built16
1915Low
Lot Size67
5,422 sqftGood
Neighbourhood Sales Activity71
Good

Community Score

72.7Good
Household Income77
Good
Education Level44
Low
Housing Stress83
Excellent
Core Housing Need88
Excellent
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: #46110240

Community deep dive

$81K

Median household income

$90K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

23%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)751
Labour force participation rate70%
Median age36.0
Avg household size2.7
Unemployment rate2%
Population density5006 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households23%
Couple families with children27%
Median household income (2020)$81K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)35%
Visible minority42%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 63%
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

below average
670 sqft
0255075100
Same streetBottom 8%Same areaBottom 8%CitywideBottom 2%
Same street · Collegiate Street
#256 / 278
Bottom 8% · Avg 977 sqft
Same area · King Edward
#2,201 / 2,385
Bottom 8% · Avg 952 sqft
Citywide · Winnipeg
#190,132 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

around average
225k
0255075100
Same streetBottom 33%Same areaBottom 36%CitywideBottom 12%
Same street · Collegiate Street
#186 / 278
Bottom 33% · Avg 269.4k
Same area · King Edward
#1,519 / 2,385
Bottom 36% · Avg 258.2k
Citywide · Winnipeg
#170,848 / 194,458
Bottom 12% · Avg 390.1k

Year Built

below average
1915
0255075100
Same streetBottom 13%Same areaBottom 21%CitywideBottom 11%

Lot Size

above average
5,422 sqft
0255075100
Same streetTop 15%Same areaTop 13%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

347 Collegiate Street — 12 amenities found within 500 m, across 5 categories, including 3 dining (nearest 14 m), 1 healthcare (nearest 344 m), 1 shopping (nearest 162 m).

Search radius
🍽️Dining3
🏥Healthcare1
🛒Shopping1
🌳Parks4
Worship3

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

347 Collegiate Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 347 Collegiate Street, Winnipeg

Overview & Ideal Buyer

This is a compact, older home on a notably generous lot in Winnipeg's King Edward area. At 670 square feet, the living space is significantly smaller than both the local and citywide averages—it ranks in the bottom 2% citywide for size. The house was built in 1915, placing it among the older properties in the area.

Its main draw is the land. The lot measures 5,422 square feet, which is above average for the street, the neighbourhood, and the city as a whole. The assessed value sits around $225,000, moderately below the local average but in the bottom 12% citywide, reflecting the smaller structure.

The appeal here is for a buyer who values outdoor space over indoor square footage. It would suit someone looking for a property with room for a large garden, a workshop, or future expansion, rather than someone who needs move-in-ready living space. The house itself is likely a renovation project or a tear-down candidate for a buyer who sees potential in the land. It is not for someone who wants a finished, spacious home with low maintenance.

Frequently Asked Questions

1. The living area is very small. Is it actually livable as-is?
At 670 square feet, it is livable for a single person or a couple with minimal belongings, but it is cramped by modern standards. Expect small rooms and limited storage. A family would find it tight, and anyone used to open-plan layouts would likely feel constrained.

2. The house was built in 1915. What common issues should I expect?
Older homes of this vintage often have outdated electrical systems (knob-and-tube wiring), aging plumbing, possible foundation settlement, and insulation that is far below current codes. Lead paint and asbestos in old flooring or insulation are also possible. A thorough inspection is essential.

3. The land is large—does that mean I can subdivide or build a second home?
Not necessarily. Zoning, lot frontage, and utility access all play a role. While 5,422 square feet is generous for the area, you would need to check with the City of Winnipeg’s planning department. Do not assume a second dwelling is feasible without a specific permit review.

4. Why is the assessed value so much lower than the citywide average?
The assessed value reflects the small, aging structure more than the land. Most homes in Winnipeg are larger and newer. This property’s low value is driven by its size and condition, not the lot. If you tear down the house and build new, the assessed value (and taxes) would change significantly.

5. Who typically buys properties like this?
Investors and renovators looking for a knockdown-rebuild opportunity, or buyers who prioritize a large yard in an established neighbourhood over a finished home. It is less common for first-time buyers seeking a turnkey property.