465 Marjorie Street

King Edward, Winnipeg

Property score

54.9

Fair

Overall 54.9 · Compared with neighbourhood average

926 sqft (top 46%) · Built in 1954 (6 yrs newer than avg)

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

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 5 parks nearby

Living Area

Near average

3% smaller than neighborhood avg.

Year Built

Near average

6 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

54.9 is composed by the two sections below.

Property Score

45.0Low
Living Area926 sqft42Low
Year Built195436Low
Lot Size4,653 sqft60Fair
Neighbourhood Sales Activity71Good

Community Score

69.8Good
Household Income75Good
Education Level63Fair
Housing Stress74Good
Core Housing Need63Fair
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: #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.

Rankings

Living Area

around average
926 sqft
0255075100
Same streetTop 45%Same areaTop 46%CitywideBottom 19%
Same street · Marjorie Street
#89 / 200
Top 45% · Avg 947 sqft
Same area · King Edward
#1,100 / 2,385
Top 46% · Avg 952 sqft
Citywide · Winnipeg
#157,928 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

around average
287k
0255075100
Same streetTop 34%Same areaTop 32%CitywideBottom 26%
Same street · Marjorie Street
#68 / 200
Top 34% · Avg 266.5k
Same area · King Edward
#754 / 2,385
Top 32% · Avg 258.2k
Citywide · Winnipeg
#144,326 / 194,458
Bottom 26% · Avg 390.1k

Year Built

around average
1954
0255075100
Same streetTop 32%Same areaTop 31%CitywideBottom 33%

Lot Size

above average
4,653 sqft
0255075100
Same streetTop 18%Same areaTop 28%CitywideBottom 37%

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

465 Marjorie Street — 6 amenities found within 500 m, across 2 categories, including 1 education (nearest 128 m), 5 parks (nearest 132 m).

Search radius
🏫Education1
🌳Parks5

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 10/2020CA$250k–300k
Sold price

Same street

Top 40%

Same area

Top 37%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 465 Marjorie Street, Winnipeg

Property Overview: 465 Marjorie Street, Winnipeg

Key Characteristics & Appeal

This 1954 one-storey home in King Edward presents a practical and value-conscious opportunity. Its key appeal lies in its balance of a generous, above-average land size (4,653 sqft) with a modest, renovated basement and a detached garage. The living space (926 sqft) is typical for the immediate area but is notably smaller than the Winnipeg city average, framing this as a efficient, low-maintenance footprint.

The home’s metrics are consistently "around average" for its street and neighbourhood in terms of living area, year built, and assessed value, suggesting it fits seamlessly into the local fabric without extreme outliers. The standout is the lot size, which ranks in the top 18% on Marjorie Street, offering more outdoor space than most direct neighbours—a valuable asset for gardening, expansion, or simply more privacy.

This property would suit first-time buyers or downsizers looking for an established neighbourhood character without a massive footprint. It’s also a sensible candidate for a long-term holder who values land over sheer interior size, or for an investor seeking a stable, renovated rental in a central location. Its assessed value sits below the citywide average, indicating a potentially accessible entry point into the market.

Frequently Asked Questions

1. How does the lot size compare, and what does it mean for me?
The land area of 4,653 sqft is significantly larger than the average lot on Marjorie Street and in King Edward. This means more yard space, potential for additions (subject to zoning), and generally a better sense of openness than neighbouring properties.

2. Is the living space small for the area?
At 926 sqft, the living area is very close to the neighbourhood average (approx. 952 sqft). It is, however, well below the Winnipeg city average, so while it’s typical for King Edward, buyers accustomed to newer suburban homes may find it compact.

3. What does the "around average" assessed value indicate?
An assessed value that is average for the street and neighbourhood but below the citywide average often points to a stable, established area without rapidly inflating prices. It can suggest a lower property tax burden relative to many parts of the city.

4. The home was built in 1954. What should I consider?
While the basement has been renovated, the core structure is over 70 years old. A thorough inspection is essential to understand the condition of major aging components like the roof, foundation, and original plumbing or wiring.

5. Can I find out the exact historical sold price?
The listed sold price range is based on public data. The exact sale price from October 2020 is available by request via email from the listing source, as they manually verify and provide this detail.

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