68 Niagara Street

Wellington Crescent, Winnipeg

Property score

90.3

Excellent

Overall 90.3 · Newer than most nearby homes

2,236 sqft (top 42%) · Built in 2005 (65 yrs newer than avg)

Located in a high-income area with median household income of ~254k

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 2 parks, and 1 fuel station nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Above average

65 yrs newer than neighborhood avg.

Mother tongue

English · 86%French · 3%

Past 10 years Wellington Crescent sales snapshot (~80% of all data)

Sold Count

208

Median price

707.5k

$/sqft

$349/sqft

Avg build year

1940

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

90.3 is composed by the two sections below.

Property Score

85.6Excellent
Living Area96
2,236 sqftExcellent
Year Built87
2005Excellent
Lot Size53
4,236 sqftFair
Neighbourhood Sales Activity53
Fair

Community Score

97.4Excellent
Household Income100
Excellent
Education Level100
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

Wellington Crescent

How to read: Share of sales in each ~$50k price band for “wellington crescent” (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: #46110665

Community deep dive

$254K

Median household income

$715K

Average household income

9%

Low income (LIM-AT)

0.6

Income inequality (Gini)

7.8

P90 / P10 ratio

8%

Single-person households

48%

Families with children

Population, labour & age

Population (2021)507
Labour force participation rate66%
Median age50.0
Avg household size2.9
Unemployment rate3%
Population density1334 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households8%
Couple families with children48%
Median household income (2020)$254K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$900K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority6%
Bachelor's or higher (25–64)78%
Mother tongue (1st)English · 86%
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

above average
2,236 sqft
0255075100
Same streetTop 6%Same areaTop 42%CitywideTop 6%
Same street · Niagara Street
#20 / 343
Top 6% · Avg 1,491 sqft
Same area · Wellington Crescent
#229 / 548
Top 42% · Avg 2,343 sqft
Citywide · Winnipeg
#11,560 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

Elite
856k
0255075100
Same streetTop 2%Same areaTop 30%CitywideTop 2%
Same street · Niagara Street
#6 / 343
Top 2% · Avg 476.8k
Same area · Wellington Crescent
#164 / 548
Top 30% · Avg 805.6k
Citywide · Winnipeg
#3,465 / 194,458
Top 2% · Avg 390.1k

Year Built

Elite
2005
0255075100
Same streetTop 1%Same areaTop 8%CitywideTop 15%

Lot Size

around average
4,236 sqft
0255075100
Same streetBottom 1%Same areaBottom 8%CitywideBottom 30%

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

68 Niagara Street — 6 amenities found within 500 m, across 3 categories, including 3 dining (nearest 295 m), 2 parks (nearest 368 m).

Search radius
🍽️Dining3
🌳Parks2
Fuel Stations1

Crime & Safety

Wellington Crescent · WPS public data · 2026

Annual incidents

13

2026

vs. city avg

-56%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

77%

Sales History

Sold 5/2024CA$900k–950k
Sold price

Same street

Top 1%

Same area

Top 23%

City-wide

Top 1%
Sold 11/2023CA$850k–900k
Sold price

Same street

Top 2%

Same area

Top 25%

City-wide

Top 1%
Sold 9/2019CA$750k–800k
Sold price

Same street

Top 5%

Same area

Top 35%

City-wide

Top 2%

Related homes

Highlights & common questions: 68 Niagara Street, Winnipeg

68 Niagara Street – Property Summary

Key Characteristics & Buyer Profile

This is a 2005-built home with 2,236 sq. ft. of living space on a 4,236 sq. ft. lot, assessed at $856,000. Its standout feature is how it compares to surrounding properties. On its own street, it ranks in the top 6% for living area, top 2% for assessed value, and top 1% for being newer. The house is notably larger and more modern than most homes on Niagara Street, where the average year built is 1941.

The appeal here is less about raw size and more about relative positioning. You get a home that’s significantly newer and more spacious than its immediate neighbours, without the land tax premium that often comes with a large lot. The lot is actually smaller than average for both the street and the Wellington Crescent neighbourhood—this is a trade-off that may appeal to buyers who prioritize an updated interior and lower maintenance over a big yard.

This property would suit someone who wants a newer, move-in-ready home in an established central Winnipeg neighbourhood, but doesn’t need a large outdoor space. It’s also a strong fit for buyers who care about resale positioning: being among the newest and highest-valued homes on a street can offer some insulation from market swings, though it also means there’s less comparable upside from future renovations.


Five Possible FAQs

1. How does this home compare to others in Wellington Crescent?
In the broader Wellington Crescent area, this home is around average for living space (ranked 229 out of 548) and above average for assessed value (top 30%). The major difference is age—it’s much newer than the neighbourhood average of 1940. So while it doesn’t have the grand lot or square footage of some historic homes nearby, it offers a modern floor plan and systems that many older properties lack.

2. Why is the assessed value so high relative to the street average?
The street average assessed value on Niagara Street is about $477,000. This home’s $856,000 assessment reflects its newer construction and larger living area. Most homes on this street were built in the 1940s and are smaller, so the value gap is driven by age, size, and condition rather than land. The lot itself is actually below average for the street.

3. Is a 4,236 sq. ft. lot a disadvantage?
It depends on your priorities. In a neighbourhood where lots often exceed 9,000 sq. ft., this is small. That means less outdoor space for gardening or expansion. But it also means lower property taxes, less yard work, and typically a lower purchase price than a comparable home on a larger lot. For buyers who want a city-close location without weekend yard obligations, it’s a practical choice.

4. How does this property rank city-wide?
City-wide, it ranks in the top 6% for living area and top 2% for assessed value among nearly 200,000 comparable homes. The year built is in the top 15%. So while it’s not an outlier for lot size, it’s a strong performer on the features most buyers care about: interior space, modernity, and overall value.

5. Would this home be a good investment?
That depends on what you’re after. As one of the newest and highest-value homes on its street, it may appreciate more steadily than a fixer-upper in the same area. However, the upside from major renovations is limited, since the home is already well-positioned. The small lot also caps the potential for an addition. It’s a solid, low-hassle hold rather than a high-risk flip.