Property score
48.6
Below average
Overall 48.6 · Smaller than most nearby homes
730 sqft (bottom 18%) · Built in 1918 (30 yrs older than avg)
Located in a above-average income area with median household income of ~75k
Transit 76.0 · 6-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
23% smaller than neighborhood avg.
Year Built
Near average
30 yrs older than neighborhood avg.
Mother tongue
English · 76%Tagalog · 9%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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48.6 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110238
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
470 Queen Street — 14 amenities found within 500 m, across 6 categories, including 2 dining (nearest 449 m), 2 education (nearest 242 m), 3 shopping (nearest 254 m).
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%
470 Queen 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home at 470 Queen Street in Winnipeg's King Edward neighbourhood presents a distinct value proposition centered on its land. Built in 1918, the 730 sqft house is modest and functional, featuring an unrenovated basement and a detached garage. Its assessed value is around the average for its immediate area.
The primary appeal lies in its exceptionally large lot of over 11,600 sqft, which ranks in the top 1% of properties on its street and in the wider neighbourhood. This offers rare potential for expansion, gardening, or future redevelopment in a city where such sizable parcels are uncommon. The home suits a practical buyer looking for an entry point into the market with a clear long-term asset—the land. It would appeal to those comfortable with a smaller, character home as-is, or to vision-oriented purchasers who see the property as a foundation for a future custom build or significant renovation project. Its average assessment for the area on such a large lot also suggests a potential value opportunity for the right buyer.
Frequently Asked Questions
1. Is the house in move-in condition?
The listing notes the basement is "not renovated," suggesting the home is functional but likely requires updates and personalization. Buyers should budget for modernizations.
2. What makes this property special compared to others?
The standout feature is the land size. At over a quarter of an acre, the lot is exceptionally large for a city property, offering privacy and rare future potential that most standard lots do not.
3. How does the assessed value compare?
At approximately $250k, the assessment is average for King Edward and Queen Street, but is below the Winnipeg city-wide average. This indicates you are paying primarily for the location and land size rather than for the existing structure.
4. What is the neighbourhood like?
King Edward is a mature, established neighbourhood. The "Elite" ranking for lot size among local peers suggests the area consists of generally smaller lots, making this property an outlier for space and privacy.
5. Who would this property not suit?
It would not suit buyers seeking a large, modern, or turn-key home. The living space is below average in size, and the age of the home implies higher maintenance. It's best for those with a plan for the land or a willingness to renovate over time.
