94 Niagara Street

Wellington Crescent, Winnipeg

Property score

82.5

Excellent

Overall 82.5 · Larger but older than most nearby homes

2,593 sqft (top 30%) · Built in 1920 (20 yrs older than avg)

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

Transit 68.0 · 3-min walk to transit with 1 nearby route · Within 500m: 3 dining spots, 1 park, and 1 fuel station nearby

Living Area

Above average

11% larger than neighborhood avg.

Year Built

Below average

20 yrs older 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

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Property score

82.5 is composed by the two sections below.

Property Score

72.6Good
Living Area98
2,593 sqftExcellent
Year Built16
1920Low
Lot Size53
4,260 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

Elite
2,593 sqft
0255075100
Same streetTop 1%Same areaTop 30%CitywideTop 2%
Same street · Niagara Street
#1 / 343
Top 1% · Avg 1,491 sqft
Same area · Wellington Crescent
#167 / 548
Top 30% · Avg 2,343 sqft
Citywide · Winnipeg
#4,503 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
820k
0255075100
Same streetTop 3%Same areaTop 32%CitywideTop 2%
Same street · Niagara Street
#9 / 343
Top 3% · Avg 476.8k
Same area · Wellington Crescent
#176 / 548
Top 32% · Avg 805.6k
Citywide · Winnipeg
#4,018 / 194,458
Top 2% · Avg 390.1k

Year Built

below average
1920
0255075100
Same streetBottom 6%Same areaBottom 16%CitywideBottom 13%

Lot Size

around average
4,260 sqft
0255075100
Same streetBottom 3%Same areaBottom 9%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

94 Niagara Street — 5 amenities found within 500 m, across 3 categories, including 3 dining (nearest 198 m), 1 parks (nearest 450 m).

Search radius
🍽️Dining3
🌳Parks1
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 8/2017CA$500k–550k
Sold price

Same street

Top 19%

Same area

Bottom 43%

City-wide

Top 15%

Related homes

Highlights & common questions: 94 Niagara Street, Winnipeg

94 Niagara Street: Property Summary

Key Characteristics & Buyer Profile

This 1920-built home on Niagara Street sits on a 4,260 sqft lot and offers 2,593 sqft of living space, with a current assessed value of $820,000. Its strongest feature is interior space: the home ranks in the top 1% of properties on Niagara Street for living area, and in the top 2% citywide. The assessed value follows a similar pattern—top 3% on the street and top 2% across Winnipeg—though it sits closer to the neighborhood average within Wellington Crescent.

The trade-offs are worth noting. The home is older than most comparables on the street (built 1920 vs. a street average of 1941), and the lot is small by neighborhood standards—ranking in the bottom 10% within Wellington Crescent, where average land size is over 9,400 sqft. Citywide, the lot is more typical.

This property would suit a buyer who prioritizes generous interior square footage and established character over land size. It may appeal to someone looking for a home that punches above its weight in living space without the premium typically attached to a large lot in a high-end neighborhood. The home offers a way into Wellington Crescent—a traditionally desirable area—at a value point that reflects the older structure and smaller grounds rather than the price of land.


Five Possible FAQs

1. Does the older construction suggest the home needs significant updates?
Not necessarily. The year built (1920) is simply a data point—it doesn't reflect the condition or quality of renovations. Many homes from this era have been fully updated. A proper inspection is the best way to assess current state.

2. Why is the land area so small compared to the neighborhood average?
This home is on Niagara Street, which tends to have tighter lots than the Wellington Crescent area as a whole. The street average is about 4,870 sqft, so this property is actually close to typical for its immediate block. The neighborhood average is pulled up by larger estate lots on Crescent itself.

3. How does the assessed value relate to market price?
The assessed value ($820,000) is a city estimate for property tax purposes. Market price can differ based on condition, recent sales of comparable homes, and how much buyers are willing to pay for the location and square footage. It's a reference point, not a price tag.

4. Is a top 2% citywide ranking for living area unusual in Winnipeg?
Yes, it's quite unusual. With over 194,000 comparable properties citywide, this home's 2,593 sqft puts it ahead of 98% of them. That level of interior space is a genuine rarity, especially on a street where the average home is about 1,500 sqft.

5. What type of buyer typically targets a home like this?
Often it's someone who wants a larger older home in a prestigious postal code without paying for a premium lot. The small yard is a trade-off, but it also means less maintenance—which appeals to some owners. Others are looking for a solid footprint they can update over time while being in a strong resale area.