123 Ethelbert Street

Wolseley, Winnipeg

Property score

76.6

Good

Overall 76.6 · Larger than most nearby homes

2,223 sqft (top 11%) · Built in 1912 (4 yrs older than avg)

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

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 3 schools, 1 healthcare facility, and 3 shops nearby

Living Area

Above average

37% 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

76.6 is composed by the two sections below.

Property Score

70.4Good
Living Area2,223 sqft96Excellent
Year Built191216Low
Lot Size3,688 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

above average
2,223 sqft
0255075100
Same streetTop 49%Same areaTop 11%CitywideTop 6%
Same street · Ethelbert Street
#31 / 63
Top 49% · Avg 2,201 sqft
Same area · Wolseley
#255 / 2,349
Top 11% · Avg 1,622 sqft
Citywide · Winnipeg
#11,993 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

above average
445k
0255075100
Same streetTop 49%Same areaTop 19%CitywideTop 29%
Same street · Ethelbert Street
#31 / 63
Top 49% · Avg 454.3k
Same area · Wolseley
#437 / 2,349
Top 19% · Avg 371.3k
Citywide · Winnipeg
#56,895 / 194,458
Top 29% · Avg 390.1k

Year Built

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

Lot Size

above average
3,688 sqft
0255075100
Same streetBottom 33%Same areaTop 25%CitywideBottom 22%

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 Ethelbert Street — 25 amenities found within 500 m, across 8 categories, including 4 dining (nearest 252 m), 3 education (nearest 330 m), 1 healthcare (nearest 496 m).

Search radius
🍽️Dining4
🏫Education3
🏥Healthcare1
🛒Shopping3
🌳Parks6
💪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 7/2016CA$400k–450k
Sold price

Same street

Bottom 28%

Same area

Top 26%

City-wide

Top 33%

Related homes

Highlights & common questions: 123 Ethelbert Street, Winnipeg

123 Ethelbert Street – Property Summary

Key Characteristics & Buyer Profile

This is a 1912-built home in Wolseley with 2,223 square feet of living space on a 3,688-square-foot lot. What stands out here is the living area: it’s well above average for both the neighbourhood and the city. On Ethelbert Street itself, it’s roughly middle-of-the-pack in terms of size and assessed value, but compared to the broader Wolseley area, it ranks in the top 11% for living space and top 19% for assessed value. The lot is slightly smaller than the citywide average but above average for Wolseley, which is typical for a denser, older neighbourhood.

The house was built in 1912, which puts it right in line with its street and neighbourhood averages. Citywide, that’s on the older side—only about 8% of homes in Winnipeg are older. That age is part of the appeal for buyers who appreciate the character, craftsmanship, and established tree-lined streets that come with a historic neighbourhood like Wolseley.

The assessed value of $445,000 is close to the street average and noticeably above the neighbourhood average of $371,300. That suggests this property has held its value well relative to its immediate area, and may reflect either a well-maintained home or recent upgrades.

This property would suit buyers who:

  • Want a larger-than-average home in a central, walkable neighbourhood
  • Value pre-war architecture and the Wolseley community
  • Are looking for a home that’s already in good shape but might still have room for personal updates
  • Prioritize interior square footage over a large yard

Frequently Asked Questions

1. How does this home compare to others on Ethelbert Street?
It’s fairly typical for the street in terms of size, age, and assessed value. The living area (2,223 sqft) and lot size (3,688 sqft) are both near the street average, and the assessed value is just under the street average of $454,300. It’s not the biggest or most valuable house on the block, but it’s solidly in the middle.

2. Is the older construction a concern?
Homes built in 1912 can have outdated electrical, plumbing, or insulation. That said, the assessed value suggests the property is in reasonable condition. A home inspection would be wise to check for knob-and-tube wiring, foundation issues, or lead pipes. Many buyers in Wolseley see older homes as worth the upkeep for the character and location.

3. Why is the lot size below the city average but above the neighbourhood average?
Wolseley is an older, inner-city neighbourhood, so lots tend to be smaller than newer suburban developments. The citywide average of 6,570 sqft includes many large suburban lots. At 3,688 sqft, this lot is actually on the larger side for Wolseley, which is typical for a street like Ethelbert that has single-family homes rather than row houses.

4. Does this home need renovations?
The data doesn’t indicate specific renovations, but the assessed value being above the neighbourhood average could mean the home is well-maintained or has been updated. Still, a 1912 home may need kitchen or bathroom updates, new windows, or modern mechanical systems. Buyers should budget for potential upgrades, especially if they want energy efficiency.

5. How does the assessed value affect property taxes?
Property taxes in Winnipeg are based on a portion of the assessed value. At $445,000, taxes would be higher than the Wolseley average, but not dramatically so when compared to similar-sized homes in the area. The assessed value also gives a rough idea of resale potential—homes near this price point tend to sell within a predictable range in Wolseley.

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