426 Collegiate Street

King Edward, Winnipeg

Property score

51.0

Fair

Overall 51.0 · Smaller but newer than most nearby homes

795 sqft (bottom 29%) · Built in 1989 (41 yrs newer 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: 2 dining spots, 1 school, 1 shop, and 3 parks nearby

Living Area

Below average

17% smaller than neighborhood avg.

Year Built

Above average

41 yrs newer 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

51.0 is composed by the two sections below.

Property Score

36.6Low
Living Area22
795 sqftLow
Year Built78
1989Good
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

below average
795 sqft
0255075100
Same streetBottom 26%Same areaBottom 29%CitywideBottom 9%
Same street · Collegiate Street
#207 / 278
Bottom 26% · Avg 977 sqft
Same area · King Edward
#1,689 / 2,385
Bottom 29% · Avg 952 sqft
Citywide · Winnipeg
#177,703 / 194,458
Bottom 9% · Avg 1,342 sqft

Tax-Assessed Value

around average
247k
0255075100
Same streetBottom 44%Same areaBottom 47%CitywideBottom 16%
Same street · Collegiate Street
#155 / 278
Bottom 44% · Avg 269.4k
Same area · King Edward
#1,267 / 2,385
Bottom 47% · Avg 258.2k
Citywide · Winnipeg
#162,409 / 194,458
Bottom 16% · Avg 390.1k

Year Built

above average
1989
0255075100
Same streetTop 21%Same areaTop 17%CitywideTop 23%

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

426 Collegiate Street — 8 amenities found within 500 m, across 5 categories, including 2 dining (nearest 318 m), 1 education (nearest 444 m), 1 shopping (nearest 384 m).

Search radius
🍽️Dining2
🏫Education1
🛒Shopping1
🌳Parks3
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 10/2024CA$250k–300k
Sold price

Same street

Top 40%

Same area

Top 38%

City-wide

Bottom 28%

Related homes

Highlights & common questions: 426 Collegiate Street, Winnipeg

Property Overview: 426 Collegiate Street, Winnipeg

Key Characteristics & Appeal

This one-storey home on Collegiate Street in the King Edward neighbourhood presents a practical, no-frills opportunity. Its key characteristic is its modest scale, with 795 square feet of living space, which is below the average for the immediate area, neighbourhood, and city. This is balanced by a renovated basement, adding functional space. The lot size is fairly typical for the street. Built in 1989, the house is notably newer than many surrounding homes, which often date back to the early 20th century. This suggests potentially fewer concerns with outdated major systems compared to its peers.

The appeal lies in its straightforward affordability and manageable size. With an assessed value significantly below the citywide average, it represents an accessible entry point into the Winnipeg market. The renovated basement adds immediate utility without the need for initial projects. It suits first-time buyers, downsizers, or investors seeking a low-maintenance property. A less obvious perspective is its potential as a "right-sized" home for someone seeking to minimize their physical and financial footprint without moving into an apartment. Its newer construction relative to the neighbourhood could also mean a different, possibly more efficient, layout than found in century-old character homes.

Frequently Asked Questions

1. Is the sold price history accurate?
The listed sold price is a range based on public data. For the precise sale price, you can request it via email from the site; they provide this detail manually and do not use the contact for unsolicited marketing.

2. How does this home compare to others on the street?
It is newer than most homes on Collegiate Street, but smaller in living area. Its assessed value is around the street's average, suggesting it is priced in line with local norms despite the size difference.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or rooms. This would be a key detail to clarify with the seller or listing agent to understand the home's full functionality.

4. There's no garage. What are the parking options?
The property has no garage. Parking is likely via a driveway or on-street. Given the lot size is around average for the area, a dedicated driveway is probable, but this should be verified.

5. Why is the assessed value so much lower than the citywide average?
The citywide average includes all property types and sizes across Winnipeg. This home's assessed value is comparative to similar, smaller homes in its own neighbourhood and street, reflecting its specific market segment rather than the broader city market.