122 Canora Street – Property Summary

Key Characteristics & Suitability

This is a 1,614 sqft home in Winnipeg’s Wolseley neighbourhood, built in 1910 on a 3,685 sqft lot. Its assessed value is $387,000.

The property’s strongest asset is its lot size. Relative to Wolseley, the lot is above average (top 26%). That gives it more outdoor space than most nearby homes, which is appealing if you garden, want room for a studio or shed, or simply value breathing room between neighbours. The house itself is modestly sized by street standards (below average for Canora Street), but it lands in the top quarter citywide for living area—meaning it’s smallish for its immediate block but roomy compared to typical Winnipeg homes.

The 1910 build date is old even by Wolseley standards (the neighbourhood average is 1916) and places it among the oldest 6% of homes citywide. That likely means original character, but also older systems and a higher likelihood of needed updates. The assessed value sits around the middle for both the street and the city, suggesting the market sees it as fairly priced relative to its condition and location.

Who it suits: Buyers who want a Wolseley address with a bigger-than-average lot and aren’t put off by a century home’s quirks. It’s less suited to someone looking for a move-in-ready, low-maintenance property or a house that matches the size of its neighbours on Canora Street.

Frequently Asked Questions

1. How does the living area compare to other homes on this street?
It’s below average. The typical home on Canora Street has about 2,224 sqft of living space, while this one is 1,614 sqft—so it’s on the smaller end for the block. However, it’s roughly average for Wolseley as a whole and above average citywide.

2. Is the assessed value of $387k a fair estimate?
It’s in line with comparable homes. On the street, the average is $420k, so this one sits a bit lower. But within Wolseley, the neighbourhood average is $371k, making this slightly above. The citywide average is $390k, so it lands close to the middle overall.

3. What are the implications of a 1910 build year?
You’re getting a home that predates most of Winnipeg’s housing stock (94% of homes citywide are newer). Expect older construction methods, potential for knob-and-tube wiring, lead pipes, and less insulation—but also character details like thicker wood trim, plaster walls, and a layout that may differ from modern cookie-cutter designs. A thorough inspection is strongly recommended.

4. How big is the lot compared to other Wolseley properties?
It’s above average. The lot is 3,685 sqft, ranking in the top 26% for the neighbourhood. That’s visibly more space than many of the tighter urban lots in older Winnipeg areas. Citywide, though, lots tend to be larger (average 6,570 sqft), so this is still on the compact side by suburban standards.

5. Is this considered a good value for Wolseley?
The assessed value suggests it’s neither a steal nor overpriced. The real value here is the lot—you’re paying for more land than most nearby, with a home that’s smaller than the street average. If you view the property as a lot with a house on it (rather than the other way around), it makes more sense, especially if you’re open to renovations or plan to hold long-term.