87 Canora Street – Property Summary

Key Characteristics & Buyer Profile

This 1912-built home sits on Canora Street in Winnipeg’s Wolseley neighbourhood. The standout feature is its living space: at 2,066 square feet, it’s slightly smaller than the average on its own street (2,224 sq ft) but well above the Wolseley average of 1,622 sq ft, placing it in the top 19% of the neighbourhood. Citywide, it ranks in the top 9% for living area. The assessed value of $372,000 is close to both the street and neighbourhood averages, which suggests the price is in line with what similar homes around it are worth. The lot is 3,754 sq ft—typical for the street and slightly larger than the Wolseley norm, though smaller than the citywide average.

The appeal here is space without a premium price tag. Buyers get a home that feels generous inside relative to its immediate surroundings, in a neighbourhood known for mature trees, walkability, and older character homes. It’s not the newest house on the block—1912 puts it among the older homes on the street—but for someone who values interior square footage and a stable, established area over a newer build, this is a practical fit. Ideal buyers would include families needing room to spread out, or anyone who prioritises usable indoor space over a large yard or a more modern floor plan.

Five Possible FAQs

1. How does the living space compare to other homes in Wolseley?
Above average. The home is larger than about 80% of properties in the neighbourhood. On Canora Street itself, it’s slightly smaller than the street average, but that’s because several of the neighbouring homes are particularly large.

2. Is the assessed value a good indicator of market price?
Not always, but here it’s close to neighbourhood averages, which can suggest the property is neither overpriced nor a bargain relative to its immediate area. The assessment is a tax valuation, not a market appraisal, so final sale price will depend on condition, upgrades, and demand.

3. What’s the lot like compared to typical Winnipeg properties?
It’s smaller than the citywide average (3,754 sq ft vs. 6,570 sq ft), but that’s common in older, central neighbourhoods like Wolseley where lots tend to be more compact. It’s slightly above average for the neighbourhood itself.

4. How does the age of the home affect things like maintenance or insurance?
Being built in 1912 means it’s older than most homes citywide. Older homes often have sturdy construction but may need updates to plumbing, electrical, insulation, or roofing. Insurance premiums can be slightly higher for older properties, depending on the condition of the systems.

5. What kind of buyer would this property not suit?
Someone looking for a large private yard, a modern open-concept layout without renovation, or a home in a newer suburb with consistent lot sizes would likely be better off elsewhere. This home suits those who appreciate character, established neighbourhoods, and want interior space over land size.