I'm a nearby resident. The area is probably the last holdout to rampant gentrification downtown.
The surrounding streets to the east, south and west have a lot of poor residents, shelters and public housing projects.
It is gradually improving, but much more slowly than the rest of downtown. The main instigator for change is in the Regent Park neighbourhood to the east. It is several square blocks of public housing in the process of a total demolition and rebuild, including privately owned condominiums. It is abput 25% complete so far. This is where the new FreshCo grocery store mentioned above is.
On the other hand, Seaton and the streets immediately to the east have some of the best old Victorian housing stock outside of Cabbagetown. Some of these have been purchased, restored and renovated into modern and pricey homes.
It's a very quirky area. Are you male or female? I'm a guy and feel safe walking here, but I was raised a city kid. I don't think I would feel comfortable walking here at night in the dark if I were a woman, especially if I were not familiar with the area. (I don't know anything about Winnipeg so I don't understand what your disclaimer means.)