123 Yale Avenue W

Victoria West, Winnipeg

Property score

61.5

Fair

Overall 61.5 · Larger but older than most nearby homes

1,644 sqft (top 2%) · Built in 1915 (30 yrs older than avg)

Located in a above-average income area with median household income of ~67k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 6 dining spots, 2 schools, 4 parks, and 1 fuel station nearby

Living Area

Above average

68% larger than neighborhood avg.

Year Built

Below average

30 yrs older than neighborhood avg.

Mother tongue

English · 81%Tagalog · 4%

Past 10 years Victoria West sales snapshot (~80% of all data)

Sold Count

447

Median price

236.5k

$/sqft

$311/sqft

Avg build year

1945

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Property score

61.5 is composed by the two sections below.

Property Score

63.3Fair
Living Area1,644 sqft83Excellent
Year Built191516Low
Lot Size3,999 sqft46Low
Neighbourhood Sales Activity67Good

Community Score

58.7Fair
Household Income68Good
Education Level22Low
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health52Fair

Neighbourhood Sales

Victoria West

How to read: Share of sales in each ~$50k price band for “victoria west” (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: #46110831

Community deep dive

$67K

Median household income

$71K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

48%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)749
Labour force participation rate60%
Median age44.0
Avg household size2.0
Unemployment rate12%
Population density3404 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households48%
Couple families with children14%
Median household income (2020)$67K

Housing

Renter households18%
Condominium dwellings35%
Median dwelling value (owners)$236K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority14%
Bachelor's or higher (25–64)14%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Tagalog · 4%

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

Rankings

Living Area

Elite
1,644 sqft
0255075100
Same streetTop 30%Same areaTop 2%CitywideTop 23%
Same street · Yale Avenue W
#98 / 330
Top 30% · Avg 1,539 sqft
Same area · Victoria West
#19 / 1,021
Top 2% · Avg 976 sqft
Citywide · Winnipeg
#45,197 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

Elite
375k
0255075100
Same streetTop 33%Same areaTop 4%CitywideTop 45%
Same street · Yale Avenue W
#108 / 330
Top 33% · Avg 408.8k
Same area · Victoria West
#36 / 1,021
Top 4% · Avg 281.8k
Citywide · Winnipeg
#88,243 / 194,458
Top 45% · Avg 390.1k

Year Built

around average
1915
0255075100
Same streetBottom 30%Same areaBottom 16%CitywideBottom 11%

Lot Size

around average
3,999 sqft
0255075100
Same streetBottom 27%Same areaBottom 40%CitywideBottom 26%

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

123 Yale Avenue W — 17 amenities found within 500 m, across 5 categories, including 6 dining (nearest 207 m), 2 education (nearest 225 m), 4 parks (nearest 169 m).

Search radius
🍽️Dining6
🏫Education2
🌳Parks4
Fuel Stations1
Worship4

Crime & Safety

Victoria West · WPS public data · 2026

Annual incidents

9

2026

vs. city avg

-69%

relative to avg

Year-over-year

-90%

vs. prior year

Primary type

Property

56%

Sales History

Sold 7/2024CA$350k–400k
Sold price

Same street

Top 28%

Same area

Top 6%

City-wide

Top 46%

Related homes

Highlights & common questions: 123 Yale Avenue W, Winnipeg

Property Summary: 123 Yale Avenue W, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated Victoria West home presents a compelling blend of generous interior space within a classic 1915 footprint. Its primary appeal lies in its exceptional living area (1,644 sq ft), which ranks in the elite top 2% for the neighborhood, offering significantly more room than the local average. This makes it a standout for buyers seeking character-home charm without compromising on spacious, modern-sized rooms.

The property suits two main types of buyers. First, space-seekers in established neighborhoods who value having above-average interior square footage over a larger lot, as the land area is more modest. Second, value-oriented buyers looking in Victoria West, as the home’s assessed value sits in the neighborhood’s top 4% tier, suggesting a premium property for the area, while still being positioned below the street’s average assessed value. It’s a thoughtful choice for those who prioritize the quality and size of the home itself and the sought-after community of Victoria West, rather than a newer build date or the largest possible yard.

Section 2: Frequently Asked Questions

1. Is the home’s 1915 age a concern?
While older than most homes on its street and in the city, this is typical for the historic Victoria West area. Buyers should prioritize a thorough inspection to understand the condition of updates to key systems like wiring, plumbing, and the foundation.

2. How does the lot size impact the property?
The land area is smaller than average for both the street and city-wide. This typically means lower maintenance and may appeal to those who prefer indoor living space over extensive yard work. It’s important to assess if the outdoor space meets your needs for privacy, gardening, or recreation.

3. The assessed value seems high for the neighborhood but average for the street. What does this mean?
This indicates the home is considered a premium property within Victoria West (top 4%), likely due to its large living area. On Yale Avenue W itself, it aligns more with the norm. This can suggest you’re getting a relatively spacious home for the street’s price range.

4. What do the rankings actually tell me?
They contextualize the home against immediate neighbors (street), the wider Victoria West area, and all of Winnipeg. The key takeaway is that this home trades top rankings for yard size and newness for elite rankings in living space and neighborhood value.

5. Who might this property not suit?
It may not be ideal for those prioritizing a very large private yard, a newer construction home, or those seeking a property that leads its immediate street in all metrics. It’s a home that excels in specific, desirable areas rather than across the board.

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