226 Ethelbert Street

Wolseley, Winnipeg

Property score

67.5

Good

Overall 67.5 · Larger but older than most nearby homes

2,341 sqft (top 7%) · Built in 1906 (10 yrs older than avg)

Located in a average-income area with median household income of ~61.2k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 11 dining spots, 4 healthcare facilitys, 6 shops, and 3 parks nearby

Living Area

Above average

44% larger than neighborhood avg.

Year Built

Below average

10 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

67.5 is composed by the two sections below.

Property Score

69.2Good
Living Area2,341 sqft96Excellent
Year Built190610Low
Lot Size3,620 sqft46Low
Neighbourhood Sales Activity53Fair

Community Score

65.0Good
Household Income64Fair
Education Level91Excellent
Housing Stress30Low
Core Housing Need50Fair
Employment Health68Good

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: #46110647

Community deep dive

$61K

Median household income

$74K

Average household income

18%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.5

P90 / P10 ratio

46%

Single-person households

16%

Families with children

Population, labour & age

Population (2021)450
Labour force participation rate63%
Median age36.0
Avg household size2.1
Unemployment rate7%
Population density7500 / km²

Households & income

Low income (LIM-AT, % pop.)18%
Single-person households46%
Couple families with children16%
Median household income (2020)$61K

Housing

Renter households52%
Condominium dwellings20%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority9%
Bachelor's or higher (25–64)52%
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
2,341 sqft
0255075100
Same streetTop 32%Same areaTop 7%CitywideTop 4%
Same street · Ethelbert Street
#20 / 63
Top 32% · Avg 2,201 sqft
Same area · Wolseley
#176 / 2,349
Top 7% · Avg 1,622 sqft
Citywide · Winnipeg
#8,531 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

above average
399k
0255075100
Same streetBottom 35%Same areaTop 30%CitywideTop 39%
Same street · Ethelbert Street
#41 / 63
Bottom 35% · Avg 454.3k
Same area · Wolseley
#700 / 2,349
Top 30% · Avg 371.3k
Citywide · Winnipeg
#75,018 / 194,458
Top 39% · Avg 390.1k

Year Built

below average
1906
0255075100
Same streetBottom 5%Same areaBottom 5%CitywideBottom 2%

Lot Size

above average
3,620 sqft
0255075100
Same streetBottom 5%Same areaTop 29%CitywideBottom 21%

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

226 Ethelbert Street — 37 amenities found within 500 m, across 8 categories, including 11 dining (nearest 258 m), 4 healthcare (nearest 290 m), 6 shopping (nearest 251 m).

Search radius
🍽️Dining11
🏥Healthcare4
🛒Shopping6
🌳Parks3
💪Sports2
🏦Finance1
Fuel Stations1
Worship9

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 7/2023CA$350k–400k
Sold price

Same street

Bottom 22%

Same area

Top 35%

City-wide

Top 40%

Related homes

Highlights & common questions: 226 Ethelbert Street, Winnipeg

226 Ethelbert Street – Property Summary

Key Characteristics & Buyer Profile

This is a 1906 home in Wolseley with 2,341 sq. ft. of living space on a 3,620 sq. ft. lot. Its assessed value is $399,000.

The property’s main strength is interior space. It ranks in the top 4% citywide for living area, meaning it is significantly larger than most comparable homes in Winnipeg. In the Wolseley neighbourhood, it sits in the top 7% for size. The lot is slightly below average for the street itself but still above average for the neighbourhood, which is typical for older Wolseley homes where lots were carved up earlier.

The assessed value is interesting. On Ethelbert Street, this home is priced below the street average of $454k, but it sits above the broader neighbourhood average of $371k. This suggests you are getting a home that is larger and more valuable than the typical Wolseley property, but possibly without the premium that some of the more updated or stately homes on this particular street command. The year built (1906) places it among the older homes on the street and in the city, so buyers should be prepared for the maintenance and character that come with a century home.

Who it suits: Buyers who prioritize generous interior square footage over a large yard. People who appreciate the Wolseley character—mature trees, walkable streets, older architecture—and are comfortable with a home that may need ongoing updates rather than being turn-key. It is less suited for someone wanting a large private lot or a newer, low-maintenance property.


Five Possible FAQs

1. How does the $399k assessed value compare to similar homes in Wolseley?
Above average for the neighbourhood (top 30%), but below the average on this specific street. This means you’re paying a bit less than some of the more prominent homes on Ethelbert, while still being in a well-regarded part of Wolseley.

2. Is the lot size limiting?
On the street, it is one of the smaller lots (bottom 5%), but in the neighbourhood it is typical or slightly above average. You won’t have a sprawling yard, but you get a functional outdoor space that fits the area’s character.

3. What should a buyer know about a home built in 1906?
It is among the older stock in the city (top 2% oldest). That usually means solid original construction, but also potential for older wiring, plumbing, and foundation quirks. A thorough home inspection and a review of any recent upgrades is strongly recommended.

4. How does the living space compare to what’s typical in Winnipeg?
This is the strongest feature. At 2,341 sq. ft., it is in the top 4% citywide. For context, the average comparable home in Winnipeg is 1,342 sq. ft. It is a genuinely large house, especially for the Wolseley area.

5. Is Wolseley considered a good investment area?
Generally, yes. It is an established, walkable neighbourhood close to the river and downtown. The property’s assessed value sits above the neighbourhood average, and the size gives it a rarity factor. Steady demand over time is reasonable, though resale value will depend heavily on the condition of the home itself.

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