464 Queen Street

King Edward, Winnipeg

Property score

46.7

Below average

Overall 46.7 · Smaller than most nearby homes

676 sqft (bottom 9%) · Built in 1949 (1 yr newer than avg)

Located in a above-average income area with median household income of ~75k

Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 2 schools, 3 shops, and 5 parks nearby

Living Area

Below average

29% smaller than neighborhood avg.

Taon ng Paggawa

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 76%Tagalog · 9%

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

46.7 is composed by the two sections below.

Property Score

31.3Low
Living Area676 sqft15Low
Taon ng Paggawa194930Low
Lupa6,694 sqft85Excellent
Neighbourhood Sales Activity71Good

Community Score

69.8Good
Household Income75Good
Education Level63Fair
Housing Stress74Good
Core Housing Need63Fair
Employment Health60Fair

Istatistika ng benta ng komunidad

King Edward

How to read: Share of sales in each ~$50k price band for “king edward” (Detached na bahay (hindi 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: #46110238

Community deep dive

$75K

Median household income

$87K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

30%

Single-person households

22%

Families with children

Population, labour & age

Population (2021)475
Labour force participation rate57%
Median age38.8
Avg household size2.4
Unemployment rate6%
Population density818 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households30%
Couple families with children22%
Median household income (2020)$75K

Housing

Renter households28%
Condominium dwellings0%
Median dwelling value (owners)$264K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority38%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 9%

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

Mga ranggo

Living Area

mas mababa sa average
676 sqft
0255075100
Same streetBottom 12%Same areaBottom 9%CitywideBottom 3%
Same street · Queen Street
#150 / 170
Bottom 12% · Avg 976 sqft
Same area · King Edward
#2,167 / 2,385
Bottom 9% · Avg 952 sqft
Citywide · Winnipeg
#189,451 / 194,458
Bottom 3% · Avg 1,342 sqft

Assessed Value

lampas sa average
311k
0255075100
Same streetTop 25%Same areaTop 20%CitywideBottom 33%
Same street · Queen Street
#42 / 170
Top 25% · Avg 255k
Same area · King Edward
#477 / 2,385
Top 20% · Avg 258.2k
Citywide · Winnipeg
#131,157 / 194,458
Bottom 33% · Avg 390.1k

Taon ng Paggawa

karaniwan
1949
0255075100
Same streetTop 37%Same areaTop 38%CitywideBottom 27%

Lupa

Elite
6,694 sqft
0255075100
Same streetTop 21%Same areaTop 3%CitywideTop 20%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

464 Queen Street — 14 amenities found within 500 m, across 6 categories, including 2 dining (nearest 461 m), 2 education (nearest 249 m), 3 shopping (nearest 268 m).

Search radius
🍽️Dining2
🏫Education2
🛒Shopping3
🌳Parks5
💪Sports1
Fuel Stations1

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%

Kasaysayan ng Benta

Naibenta 8/2022CA$300k–350k
Presyo ng benta

Parehong kalye

Top 11%

Parehong lugar

Top 14%

Buong lungsod

Bottom 49%

Related homes

Mga tampok at karaniwang tanong: 464 Queen Street, Winnipeg

Property Overview: 464 Queen Street, Winnipeg

Key Characteristics & Appeal

This one-storey home at 464 Queen Street in Winnipeg's King Edward neighbourhood presents a unique value proposition centered on its land and location. The 676 sqft living space is compact, ranking below average for size both on its street and within the city. However, this is balanced by a significantly above-average land area of 6,694 sqft, placing it in the top 3% of lots in King Edward. The property includes a detached garage, a renovated basement, and a pool.

Its primary appeal lies in this substantial lot size, offering rare potential for expansion, gardening, or outdoor living within the city. The home itself, built in 1949, is a functional entry point. The assessed value is notably strong for its immediate area, suggesting the property is well-regarded relative to its neighbours. It suits a specific buyer: someone seeking an affordable footprint in Winnipeg with a clear vision to utilize or potentially develop the generous lot. It’s a property where the value is arguably more in the land than the current structure, ideal for a hands-on buyer, an investor seeing long-term potential, or someone prioritizing private outdoor space over interior square footage.

Frequently Asked Questions

1. Is the house in move-in condition?
While the basement is noted as renovated, the main living area is compact at 676 sqft and the home is 77 years old. Buyers should budget for updates to suit modern tastes and expect the vintage character of a one-storey home from this era.

2. Why is the assessed value high compared to the home's size?
The assessed value reflects the entire property, not just the house. The high ranking locally is likely driven by the substantial and desirable lot size, which is a major asset in this neighbourhood.

3. What can I do with such a large lot?
The lot offers flexibility that is rare in the city. Potential uses include extensive landscaping, adding a large deck or patio, creating recreational space around the existing pool, or, subject to zoning and permits, future expansion of the home or adding ancillary structures.

4. How does the sold price history help?
The last recorded sale (2022) provides a recent market benchmark. Understanding how the final price related to the assessed value at that time can offer insight into local market dynamics and how this property is valued in actual transactions.

5. Who are the typical buyers in this area?
King Edward attracts a mix of long-time residents, investors, and buyers seeking more affordable entry points into Winnipeg’s housing market. This particular property, with its large lot, would also attract buyers looking for a project or those who value outdoor space highly.

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