150 Canora Street – Property Overview

Key Characteristics & Buyer Profile

This is a 1913 home on a 5,401 sqft lot with 2,928 sqft of living space. What stands out immediately is the size. Within its own neighbourhood of Wolseley, this property ranks in the top 1% for living area—nearly 1,300 sqft larger than the local average. On Canora Street specifically, it sits fifth out of 69 homes, placing it in the top 7% for floor space. The lot is also generous for the area: third largest on the street (top 4%) and well above the Wolseley average of 3,434 sqft.

The assessed value ($532,000) is above both the street and neighbourhood averages, though not as dramatically so as the square footage might suggest. That's partly because the home is older (1913) and the lot, while large locally, is closer to the Winnipeg median size of 6,570 sqft.

The appeal here is space with character. This isn't a new build or a renovated shell—it's a pre-war home with the proportions and layout you can't easily find in modern construction. Buyers who value square footage, original architectural details, and a garden-sized lot in an established central neighbourhood will be drawn to it. It would suit someone looking to put work into a home or who already appreciates older construction and the quirks that come with it. Families needing room to spread out, or buyers who want a city property that still feels spacious, are a natural fit. It may be less suitable for someone seeking a move-in-ready, low-maintenance property in a newer subdivision.

Frequently Asked Questions

1. How does the property’s age affect its value or appeal?

At 1913, the home is newer than the average on Canora Street (1912) but older than most homes in Winnipeg, where the median build year is 1966. That means it's likely to have older plumbing, electrical, and insulation systems. For buyers who value heritage character, solid woodwork, and mature landscaping, that's a draw. For others, it may signal needed upgrades. The assessed value suggests the market has priced it reasonably for its age and condition relative to the neighbourhood.

2. Why is the assessed value high for the street but not as high for the city?

The home's assessed value ($532,000) places it in the top 16% on Canora Street and top 8% in Wolseley, but only top 15% citywide. That's because Winnipeg has many high-value homes in newer or more exclusive areas. What makes this property notable is that it offers a large living area and lot without the city's top-tier price tag—it's good value relative to its size.

3. Is the lot size truly large, or just large for the area?

It's both. At 5,401 sqft, the lot is among the largest on Canora Street (top 4%) and well above Wolseley's average. But across Winnipeg, the average lot is 6,570 sqft, so it's slightly below the city median. The takeaway: you get a spacious lot by local standards, but not an oversized suburban plot.

4. What does "top 1% for living area" actually mean in a practical sense?

It means the home has nearly twice the living space of the average Winnipeg home (2,928 vs. 1,342 sqft) and about 1.8 times the Wolseley average. Rooms are likely larger, ceilings may be higher, and there's probably a formal layout with separate living, dining, and possibly a den or sunroom. For a family, that translates to more flexibility—home offices, playrooms, guest space—without needing a renovation.

5. Who typically buys on Canora Street, and does this home fit that pattern?

Canora Street in Wolseley attracts buyers who want tree-lined streets, older homes, and walkable access to shops, parks, and the river. It's not a high-turnover street. The average assessed value of $420,000 on the street reflects a mix of maintained originals and upgraded properties. This home, with its large footprint and solid assessed value, fits firmly into the street's upper tier—appealing to buyers who want standout space within a classic neighbourhood.