418 Queen Street

King Edward, Winnipeg

Property score

59.3

Fair

Overall 59.3 · Compared with neighbourhood average

1,009 sqft (top 33%) · Built in 1951 (3 yrs newer than avg)

Located in a above-average income area with median household income of ~74.5k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 2 schools, 3 shops, and 7 parks nearby

Living Area

Near average

6% larger than neighborhood avg.

Year Built

Near average

3 yrs newer than neighborhood avg.

Mother tongue

English · 69%Tagalog · 13%

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

59.3 is composed by the two sections below.

Property Score

55.6Fair
Living Area1,009 sqft52Fair
Year Built195136Low
Lot Size7,767 sqft91Excellent
Neighbourhood Sales Activity71Good

Community Score

64.8Fair
Household Income74Good
Education Level34Low
Housing Stress74Good
Core Housing Need76Good
Employment Health60Fair

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: #46110246

Community deep dive

$75K

Median household income

$85K

Average household income

13%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

28%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)590
Labour force participation rate68%
Median age34.0
Avg household size2.6
Unemployment rate13%
Population density2681 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households28%
Couple families with children21%
Median household income (2020)$75K

Housing

Renter households24%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority35%
Bachelor's or higher (25–64)16%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 12%

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

Rankings

Living Area

around average
1,009 sqft
0255075100
Same streetTop 42%Same areaTop 33%CitywideBottom 27%
Same street · Queen Street
#72 / 170
Top 42% · Avg 976 sqft
Same area · King Edward
#781 / 2,385
Top 33% · Avg 952 sqft
Citywide · Winnipeg
#141,986 / 194,458
Bottom 27% · Avg 1,342 sqft

Tax-Assessed Value

around average
256k
0255075100
Same streetTop 46%Same areaTop 48%CitywideBottom 19%
Same street · Queen Street
#78 / 170
Top 46% · Avg 255k
Same area · King Edward
#1,144 / 2,385
Top 48% · Avg 258.2k
Citywide · Winnipeg
#158,387 / 194,458
Bottom 19% · Avg 390.1k

Year Built

around average
1951
0255075100
Same streetTop 32%Same areaTop 36%CitywideBottom 29%

Lot Size

Elite
7,767 sqft
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 12%

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

418 Queen Street — 20 amenities found within 500 m, across 6 categories, including 4 dining (nearest 446 m), 2 education (nearest 287 m), 3 shopping (nearest 375 m).

Search radius
🍽️Dining4
🏫Education2
🛒Shopping3
🌳Parks7
💪Sports1
Fuel Stations3

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$250k–300k
Sold price

Same street

Top 32%

Same area

Top 29%

City-wide

Bottom 36%
Sold 6/2017CA$200k–250k
Sold price

Same street

Bottom 41%

Same area

Bottom 35%

City-wide

Bottom 14%

Related homes

Highlights & common questions: 418 Queen Street, Winnipeg

Property Summary: 418 Queen Street, Winnipeg

Key Characteristics & Appeal

This one-storey home on Queen Street in the King Edward neighbourhood presents a compelling mix of modest living space and significant land potential. Its primary appeal lies in its exceptionally large lot—over 7,700 square feet—which ranks in the top 3% for the street and top 1% for the wider neighbourhood. This offers rare potential for expansion, gardening, or outdoor living in a city context. The house itself, built in 1951, is around average for its immediate area in terms of living space (just over 1,000 sq ft) and assessed value, and features a renovated basement and a detached garage.

The property suits practical buyers who see value in land over sheer interior size. It’s ideal for someone looking for a solid starter home with clear renovation or expansion potential, or for a buyer who prioritizes a large, private outdoor space. Its assessed value is significantly below the citywide average, suggesting a more accessible entry point into the market, particularly for a lot of this size. The recent basement renovation adds move-in readiness, while the overall profile suggests a property where the underlying land is the standout asset.

Frequently Asked Questions

1. What is the most notable feature of this property?
The most significant feature is the land size. At 7,767 sq ft, the lot is substantially larger than most in Winnipeg and is a rarity within the King Edward neighbourhood, offering uncommon potential.

2. How does the house compare to others in the area?
The living space and assessed value are generally around the average for Queen Street and the King Edward area. However, the lot size is elite for the neighbourhood, and the home is newer than many on the street.

3. What type of buyer would this home suit best?
It best suits a buyer with a vision for utilizing outdoor space or future expansion. It’s a strong fit for a first-time buyer or downsizer who values a large yard over a large house, or for an investor/renovator who sees the potential in the land asset.

4. Has the property been updated recently?
The listing indicates the basement has been renovated. The full scope of updates to the main living area is not detailed in the provided data and would require further inquiry.

5. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed in this summary. According to the source page, you can request the precise figures by email, which they provide manually without using your email for unsolicited marketing.

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