420 Collegiate Street

King Edward, Winnipeg

Property score

57.3

Fair

Overall 57.3 · Larger but older than most nearby homes

1,152 sqft (top 18%) · Built in 1913 (35 yrs older than avg)

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

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

Living Area

Above average

21% larger than neighborhood avg.

Year Built

Below average

35 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

57.3 is composed by the two sections below.

Property Score

47.0Low
Living Area60
1,152 sqftFair
Year Built16
1913Low
Lot Size28
2,711 sqftLow
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

above average
1,152 sqft
0255075100
Same streetTop 22%Same areaTop 18%CitywideBottom 45%
Same street · Collegiate Street
#61 / 278
Top 22% · Avg 977 sqft
Same area · King Edward
#421 / 2,385
Top 18% · Avg 952 sqft
Citywide · Winnipeg
#106,322 / 194,458
Bottom 45% · Avg 1,342 sqft

Tax-Assessed Value

around average
246k
0255075100
Same streetBottom 44%Same areaBottom 46%CitywideBottom 16%
Same street · Collegiate Street
#157 / 278
Bottom 44% · Avg 269.4k
Same area · King Edward
#1,285 / 2,385
Bottom 46% · Avg 258.2k
Citywide · Winnipeg
#162,844 / 194,458
Bottom 16% · Avg 390.1k

Year Built

below average
1913
0255075100
Same streetBottom 5%Same areaBottom 15%CitywideBottom 10%

Lot Size

around average
2,711 sqft
0255075100
Same streetBottom 38%Same areaBottom 36%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

420 Collegiate Street — 10 amenities found within 500 m, across 5 categories, including 3 dining (nearest 296 m), 1 education (nearest 452 m), 1 shopping (nearest 362 m).

Search radius
🍽️Dining3
🏫Education1
🛒Shopping1
🌳Parks4
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

420 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: 420 Collegiate Street, Winnipeg

Property Overview: 420 Collegiate Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1913, presents a classic character home with modern practicality. Its key appeal lies in a renovated basement and a living space that feels more spacious than many in its immediate area. At 1,152 sqft, the living area ranks in the top 22% on its own street and the top 18% within the King Edward neighbourhood, offering above-average roominess for the locale. The detached garage adds functional value. While the home’s age and assessed value are typical for this historic, established area, it stands out for offering more interior space on a manageable 2,711 sqft lot.

This property would suit a first-time buyer or a downsizer seeking the charm and mature streetscape of an older Winnipeg neighbourhood like King Edward, but who prioritizes usable living space over a large yard. It’s a pragmatic choice for someone who appreciates character but wants a home that feels open and has seen some updates, like the basement renovation. A thoughtful perspective is that its "average" assessment for the area could represent a stable entry point without the premium of a fully modernized home, leaving room for personalization.

Section 2: Frequently Asked Questions

1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should confirm its permitted use with the city and their inspector.

2. How does the assessed value compare to the likely asking or market price?
The assessed value is for municipal tax purposes and is typically lower than market value. It indicates the home is in line with area norms, but the sale price will be determined by current market conditions.

3. What are the implications of a 1913 build date?
While offering classic charm, a home of this age will likely have older systems (plumbing, wiring, foundation). A thorough inspection is essential to understand maintenance needs and potential upgrade costs.

4. The lot size seems smaller than the city average. Is that a concern?
The lot is typical for the dense, central King Edward neighbourhood. It offers lower maintenance and fits the community’s character, but may not suit those wanting extensive gardening or large outdoor space.

5. How does the living area compare to nearby homes?
The home’s living area is notably larger than some direct neighbours (as seen with 411 Collegiate St. at 730 sqft), which is a significant advantage in this area. It provides more interior room than many comparable character homes.