54 Prince Edward Street

North Point Douglas, Winnipeg

Property score

35.4

Below average

Overall 35.4 · Smaller but newer than most nearby homes

624 sqft (bottom 3%) · Built in 1952 (30 yrs newer than avg)

Located in a average-income area with median household income of ~52.4k

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, 5 parks, and 4 place of worships nearby

Living Area

Below average

53% smaller than neighborhood avg.

Year Built

Above average

30 yrs newer than neighborhood avg.

Mother tongue

English · 80%French · 2%

Past 10 years North Point Douglas sales snapshot (~80% of all data)

Sold Count

184

Median price

255k

$/sqft

$138/sqft

Avg build year

1922

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Property score

35.4 is composed by the two sections below.

Property Score

25.4Low
Living Area15
624 sqftLow
Year Built36
1952Low
Lot Size53
4,119 sqftFair
Neighbourhood Sales Activity24
Low

Community Score

50.3Fair
Household Income56
Fair
Education Level34
Low
Housing Stress63
Fair
Core Housing Need50
Fair
Employment Health42
Low

Neighbourhood Sales

North Point Douglas

How to read: Share of sales in each ~$50k price band for “north point douglas” (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: #46110671

Community deep dive

$52K

Median household income

$68K

Average household income

29%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

38%

Single-person households

15%

Families with children

Population, labour & age

Population (2021)661
Labour force participation rate50%
Median age32.8
Avg household size2.5
Unemployment rate12%
Population density6009 / km²

Households & income

Low income (LIM-AT, % pop.)29%
Single-person households38%
Couple families with children15%
Median household income (2020)$52K

Housing

Renter households56%
Condominium dwellings0%
Median dwelling value (owners)$196K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority14%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 80%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

below average
624 sqft
0255075100
Same streetBottom 5%Same areaBottom 3%CitywideBottom 1%
Same street · Prince Edward Street
#21 / 22
Bottom 5% · Avg 1,137 sqft
Same area · North Point Douglas
#611 / 631
Bottom 3% · Avg 1,321 sqft
Citywide · Winnipeg
#192,026 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

around average
150k
0255075100
Same streetBottom 36%Same areaTop 50%CitywideBottom 3%
Same street · Prince Edward Street
#14 / 22
Bottom 36% · Avg 163.3k
Same area · North Point Douglas
#315 / 631
Top 50% · Avg 157.2k
Citywide · Winnipeg
#188,492 / 194,458
Bottom 3% · Avg 390.1k

Year Built

above average
1952
0255075100
Same streetTop 27%Same areaTop 18%CitywideBottom 30%

Lot Size

above average
4,119 sqft
0255075100
Same streetTop 27%Same areaTop 24%CitywideBottom 28%

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

54 Prince Edward Street — 10 amenities found within 500 m, across 3 categories, including 1 education (nearest 395 m), 5 parks (nearest 113 m).

Search radius
🏫Education1
🌳Parks5
Worship4

Crime & Safety

North Point Douglas · WPS public data · 2026

Annual incidents

33

2026

vs. city avg

+12%

relative to avg

Year-over-year

-96%

vs. prior year

Primary type

Property

45%

Sales History

Sold 8/2023CA$100k–150k
Sold price

Same street

Bottom 11%

Same area

Bottom 24%

City-wide

Bottom 2%

Related homes

Highlights & common questions: 54 Prince Edward Street, Winnipeg

Property Overview

This home at 54 Prince Edward Street in Winnipeg’s North Point Douglas neighborhood presents a specific and value-focused opportunity. Built in 1952, its key characteristic is a modest 624 sqft living area, which is notably compact compared to most homes on its street, in the area, and across the city. However, this is balanced by a larger-than-average lot size of just over 4,100 sqft for the immediate vicinity, offering valuable outdoor space. With an assessed value of $150,000, it sits around the average for North Point Douglas but significantly below the Winnipeg city-wide average, highlighting its position as an entry-point property in the broader market.

Its appeal lies in its affordability and land potential. It suits a first-time buyer, an investor, or someone looking for a minimalist footprint who values a sizable yard over interior square footage. The data suggests a thoughtful perspective: while the house itself is small, the lot is a relative premium for the street, indicating room for expansion, gardening, or outdoor living that isn't typical for the block. It’s a property where the value is arguably more in the land than the current structure, appealing to those with a vision for the future or a desire for low-maintenance living now.


Frequently Asked Questions

1. Is the house too small?
At 624 sqft, the living space is significantly below average for Winnipeg. It would suit a single person, a couple, or someone comfortable with a very efficient, minimalist layout. It is not suited for a growing family needing multiple bedrooms or common areas.

2. Why is the assessed value so much lower than the city average?
The assessed value reflects the property’s characteristics (small home, older neighborhood) relative to the entire Winnipeg market, which includes many newer and larger suburban homes. In its own neighborhood of North Point Douglas, its value is around the median, indicating it is priced appropriately for the area.

3. What are the advantages of such a large lot?
The 4,119 sqft lot is well above average for the street and area. This provides ample private outdoor space, potential for additions (subject to zoning), gardening, or simply a greater sense of openness than neighboring properties may offer.

4. What does the sold price history indicate?
Records show it last sold between $100,000-$150,000 in August 2023. This recent sale in a similar price range to its current assessment suggests a stable, entry-level market value for this type of property in the area.

5. How can I get the exact past sold prices?
The website provides sold price ranges publicly. To obtain the exact historical sale figures, you must request them directly via email, as this data is manually verified and not displayed in full due to industry data rules.