404 Collegiate Street

King Edward, Winnipeg

Property score

43.6

Below average

Overall 43.6 · Smaller and older than most nearby homes

710 sqft (bottom 14%) · Built in 1912 (36 yrs older than avg)

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

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Below average

25% smaller than neighborhood avg.

Year Built

Below average

36 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

43.6 is composed by the two sections below.

Property Score

24.2Low
Living Area710 sqft22Low
Year Built191216Low
Lot Size2,710 sqft28Low
Neighbourhood Sales Activity71Good

Community Score

72.7Good
Household Income77Good
Education Level44Low
Housing Stress83Excellent
Core Housing Need88Excellent
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: #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
710 sqft
0255075100
Same streetBottom 14%Same areaBottom 14%CitywideBottom 4%
Same street · Collegiate Street
#240 / 278
Bottom 14% · Avg 977 sqft
Same area · King Edward
#2,052 / 2,385
Bottom 14% · Avg 952 sqft
Citywide · Winnipeg
#186,278 / 194,458
Bottom 4% · Avg 1,342 sqft

Tax-Assessed Value

around average
222k
0255075100
Same streetBottom 31%Same areaBottom 35%CitywideBottom 12%
Same street · Collegiate Street
#192 / 278
Bottom 31% · Avg 269.4k
Same area · King Edward
#1,545 / 2,385
Bottom 35% · Avg 258.2k
Citywide · Winnipeg
#171,856 / 194,458
Bottom 12% · Avg 390.1k

Year Built

below average
1912
0255075100
Same streetBottom 4%Same areaBottom 10%CitywideBottom 8%

Lot Size

around average
2,710 sqft
0255075100
Same streetBottom 24%Same areaBottom 34%CitywideBottom 8%

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

404 Collegiate Street — 12 amenities found within 500 m, across 6 categories, including 3 dining (nearest 236 m), 1 education (nearest 477 m), 1 healthcare (nearest 473 m).

Search radius
🍽️Dining3
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks5
Worship1

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 5/2019CA$150k–200k
Sold price

Same street

Bottom 27%

Same area

Bottom 25%

City-wide

Bottom 9%

Related homes

Highlights & common questions: 404 Collegiate Street, Winnipeg

Property Overview: 404 Collegiate Street, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey character home built in 1912, situated in Winnipeg's King Edward neighbourhood. With 710 square feet of living space and a recently renovated basement, it offers a straightforward layout on a modest 2,710 sqft lot. Its assessed value is notably accessible compared to the city-wide average, positioning it as an entry-level opportunity.

The primary appeal lies in its practicality and value. It suits buyers seeking a minimal footprint with modernized fundamentals, particularly first-time homeowners or investors looking for a manageable rental property. The renovated basement adds functional space, a key upgrade in a home of this vintage. A thoughtful perspective is that its smaller scale and below-average taxes relative to the city could align with a minimalist or financially streamlined lifestyle. While older than most homes on its street, its assessed value is competitive within the immediate area, suggesting it's priced in line with local expectations rather than standing out as a fixer-upper.

Frequently Asked Questions

1. How does the home's age affect maintenance?
Built in 1912, the home is significantly older than area averages. Prospective buyers should prioritize inspections for foundational integrity, wiring, and plumbing common to houses of this era, balanced against the benefit of recent basement renovations.

2. Is the lot size a limitation for expansion or outdoor space?
The lot is smaller than most on the street. While sufficient for a compact yard, it likely limits potential additions. This suits those preferring low-maintenance outdoor space but may not work for those wanting extensive gardens or future expansions.

3. What does the "around average" assessed value for the street indicate?
It suggests the property is not undervalued or overvalued relative to its immediate neighbours, providing a stable, predictable base for property taxes without the premium or discount seen in more divergent areas.

4. Who might the "renovated basement" most benefit?
The renovation is a key feature, effectively adding usable square footage. It’s particularly valuable for creating a separate income suite, a home office, or additional living space to offset the smaller main floor area.

5. Based on nearby sales, what is a realistic value expectation?
A very similar home on the same street sold in 2019. While market conditions have changed, that recent comparable sale provides a concrete benchmark for understanding the home's price trajectory in a stable, established neighbourhood.

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