122 Ethelbert Street

Wolseley, Winnipeg

Property score

77.3

Good

Overall 77.3 · Larger than most nearby homes

2,664 sqft (top 3%) · Built in 1912 (4 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 3 schools, 2 shops, and 5 parks nearby

Living Area

Above average

64% larger than neighborhood avg.

Year Built

Near average

4 yrs older than neighborhood avg.

Mother tongue

English · 84%French · 2%

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

Sold Count

820

Median price

382.5k

$/sqft

$285/sqft

Avg build year

1916

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Property score

77.3 is composed by the two sections below.

Property Score

71.6Good
Living Area2,664 sqft98Excellent
Year Built191216Low
Lot Size3,821 sqft46Low
Neighbourhood Sales Activity53Fair

Community Score

85.9Excellent
Household Income84Excellent
Education Level91Excellent
Housing Stress74Good
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

Wolseley

How to read: Share of sales in each ~$50k price band for “wolseley” (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: #46110649

Community deep dive

$98K

Median household income

$145K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

27%

Single-person households

22%

Families with children

Population, labour & age

Population (2021)482
Labour force participation rate75%
Median age39.6
Avg household size2.3
Unemployment rate7%
Population density6025 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households27%
Couple families with children22%
Median household income (2020)$98K

Housing

Renter households25%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority10%
Bachelor's or higher (25–64)59%
Mother tongue (1st)English · 84%
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
2,664 sqft
0255075100
Same streetTop 6%Same areaTop 3%CitywideTop 2%
Same street · Ethelbert Street
#4 / 63
Top 6% · Avg 2,201 sqft
Same area · Wolseley
#66 / 2,349
Top 3% · Avg 1,622 sqft
Citywide · Winnipeg
#3,852 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

around average
387k
0255075100
Same streetBottom 30%Same areaTop 34%CitywideTop 42%
Same street · Ethelbert Street
#44 / 63
Bottom 30% · Avg 454.3k
Same area · Wolseley
#794 / 2,349
Top 34% · Avg 371.3k
Citywide · Winnipeg
#81,326 / 194,458
Top 42% · Avg 390.1k

Year Built

around average
1912
0255075100
Same streetTop 33%Same areaTop 36%CitywideBottom 8%

Lot Size

above average
3,821 sqft
0255075100
Same streetTop 13%Same areaTop 19%CitywideBottom 23%

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

122 Ethelbert Street — 21 amenities found within 500 m, across 7 categories, including 3 dining (nearest 271 m), 3 education (nearest 376 m), 2 shopping (nearest 191 m).

Search radius
🍽️Dining3
🏫Education3
🛒Shopping2
🌳Parks5
💪Sports1
🏦Finance1
Worship6

Crime & Safety

Wolseley · WPS public data · 2026

Annual incidents

34

2026

vs. city avg

+15%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

68%

Sales History

Sold 1/2016CA$300k–350k
Sold price

Same street

Bottom 6%

Same area

Bottom 43%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 122 Ethelbert Street, Winnipeg

122 Ethelbert Street – Property Summary

Key Characteristics & Buyer Profile

This is a large, early 20th-century home in Wolseley with standout living space. At 2,664 square feet, it ranks in the top 3% within the neighbourhood and top 2% city-wide—well above typical sizes for both the area and Winnipeg as a whole. The lot is also generous by local standards, ranking 8th on the street and in the top 20% of Wolseley, though below average for the city.

The property was built in 1912, which is typical for the street and neighbourhood but older than much of Winnipeg’s housing stock. Its assessed value sits close to the local average, meaning the purchase price likely reflects the home’s size and age in a reasonable way—not inflated by speculative pressure.

The appeal here is space and location, especially for buyers who want a walkable, established neighbourhood with mature character homes and don’t mind an older structure. It suits someone who values interior square footage over a large yard, or who sees potential in a home from this era—whether that’s restoring original details or updating systems. It may be less ideal for buyers seeking a move-in-ready, low-maintenance property or a large backyard.


Five Possible FAQs

1. How does the living space compare to other homes in Wolseley?
It’s significantly larger. The average living area in the neighbourhood is about 1,622 sq ft, while this home is over 1,000 sq ft larger. On Ethelbert Street itself, it ranks 4th out of 63 homes.

2. Is the property overvalued given its age?
The assessed value is close to the median for both the street and the neighbourhood, which suggests the price is in line with comparable homes. The age is typical for the area, so there’s no obvious premium or discount tied to the build year.

3. What’s the lot like compared to others on the street?
It’s above average locally—8th largest on the street and within the top 20% of Wolseley. That said, it’s smaller than the citywide average, which is expected for an older, central neighbourhood with smaller lots.

4. Does the 1912 build year mean expensive upkeep?
It depends on how well the home has been maintained. Many homes from that era in Wolseley have updated electrical, plumbing, and insulation. It’s worth checking recent upgrades, especially for heating and windows, since the home is older than the Winnipeg average by several decades.

5. Who typically buys homes like this in Wolseley?
Often buyers who appreciate character, walkability, and proximity to the river and shops. Families, professionals, or renovators looking for a larger home in a central neighbourhood at a reasonable assessed value are common. It’s less likely to appeal to someone seeking a modern open-concept layout or a low-maintenance new build.

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