485 Brooklyn Street

King Edward, Winnipeg

Property score

52.2

Fair

Overall 52.2 · Newer than most nearby homes

888 sqft (bottom 45%) · Built in 1960 (12 yrs newer than avg)

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

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 2 schools, 2 shops, 5 parks, and 1 sports facility nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Above average

12 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

52.2 is composed by the two sections below.

Property Score

40.4Low
Living Area888 sqft32Low
Year Built196043Low
Lot Size4,593 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
888 sqft
0255075100
Same streetTop 43%Same areaBottom 45%CitywideBottom 15%
Same street · Brooklyn Street
#68 / 157
Top 43% · Avg 930 sqft
Same area · King Edward
#1,300 / 2,385
Bottom 45% · Avg 952 sqft
Citywide · Winnipeg
#164,511 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

above average
287k
0255075100
Same streetTop 15%Same areaTop 32%CitywideBottom 26%
Same street · Brooklyn Street
#24 / 157
Top 15% · Avg 234.6k
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

above average
1960
0255075100
Same streetTop 38%Same areaTop 28%CitywideBottom 42%

Lot Size

above average
4,593 sqft
0255075100
Same streetTop 9%Same areaTop 31%CitywideBottom 36%

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

485 Brooklyn Street — 11 amenities found within 500 m, across 5 categories, including 2 education (nearest 226 m), 2 shopping (nearest 371 m), 5 parks (nearest 39 m).

Search radius
🏫Education2
🛒Shopping2
🌳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%

Sales History

Sold 5/2022CA$300k–350k
Sold price

Same street

Top 12%

Same area

Top 16%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 485 Brooklyn Street, Winnipeg

Property Overview: 485 Brooklyn Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on a generous 4,593 sqft lot presents a straightforward opportunity in Winnipeg's King Edward neighbourhood. Its key appeal lies in the land itself—the lot size is well above average for both Brooklyn Street and the wider area, offering valuable outdoor space and future potential. The house, built in 1960 with 888 sqft of living space and an unrenovated basement, is functionally modest. The assessed value is strong for its immediate locale, suggesting the property is viewed favorably relative to its neighbours.

This home would best suit a practical buyer who values space over turn-key condition. It's a candidate for a long-term holder who can gradually update the home, an investor looking for a land-value play, or a first-time buyer comfortable with a property that needs work. Its above-average lot size in a mature neighbourhood is its standout feature, offering more privacy and room than is typical for the area, which balances its smaller and dated living quarters.

Section 2: Frequently Asked Questions

1. What is the true condition of the basement?
The listing specifies the basement exists but is "not renovated." Prospective buyers should budget for inspections and potential updates, as it likely requires finishing or significant repairs to be fully functional living space.

2. How does the lot size compare practically?
At nearly 4,600 sqft, the lot is notably larger than many in the immediate area (where averages are around 2,800-3,800 sqft). This means more yard space, gardening potential, and distance from neighbours than you might find in a comparable-priced home nearby.

3. Why is the assessed value higher than the neighbourhood average?
While the assessed value is around average for the larger King Edward area, it ranks in the top 15% on Brooklyn Street itself. This suggests the property's specific attributes—likely its larger lot and the recent 2022 sale—are valued more highly than its direct street comparables.

4. What does the 2022 sale price indicate?
The home sold for an estimated $31.5k-$34.5k in mid-2022. This recent transaction provides a concrete, modern benchmark for value, showing a significant increase over the current assessed value and indicating active market interest.

5. Who are the most likely neighbours or buyers?
Given the mix of older homes and newer builds (like the referenced 2021 home on King Edward Street), the area appears to be in a state of gradual renewal. Buyers could be a mix of long-time residents and those making strategic investments in the neighbourhood's evolution.

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