511 Queenston Street

Central River Heights, Winnipeg

73.9

Good

Overall 73.9

Newer than most nearby homes

1,368 sqft (top 36%)

Built in 1954 (1 yr newer than avg)

Located in a high-income area

with median household income of ~134k

Transit 82.0

1-min walk to transit with 2 nearby routes

Within 500m: 1 school, 2 parks, and 1 place of worship nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 85%French · 1%

Past 10 years Central River Heights sales snapshot (~80% of all data)

Sold Count

426

Median price

580k

$/sqft

$326/sqft

Avg build year

1953

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Property score

73.9 is composed by the two sections below.

Property Score

61.2Fair
Living Area1,368 sqft71Good
Year Built195436Low
Lot Size5,494 sqft67Good
Neighbourhood Sales Activity28Low

Community Score

92.9Excellent
Household Income92Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

Central River Heights

How to read: Share of sales in each ~$50k price band for “central river heights” (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: #46111046

Community deep dive

$134K

Median household income

$170K

Average household income

3%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

19%

Single-person households

36%

Families with children

Population, labour & age

Population (2021)466
Labour force participation rate67%
Median age46.4
Avg household size2.6
Unemployment rate6%
Population density2588 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households19%
Couple families with children36%
Median household income (2020)$134K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority4%
Bachelor's or higher (25–64)68%
Mother tongue (1st)English · 84%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,368 sqft
0255075100
Same streetBottom 40%Same areaTop 36%CitywideTop 37%
Same street · Queenston Street
#250 / 414
Bottom 40% · Avg 1,598 sqft
Same area · Central River Heights
#454 / 1,244
Top 36% · Avg 1,346 sqft
Citywide · Winnipeg
#72,550 / 194,458
Top 37% · Avg 1,342 sqft

Tax-Assessed Value

above average
524k
0255075100
Same streetTop 28%Same areaTop 15%CitywideTop 16%
Same street · Queenston Street
#117 / 414
Top 28% · Avg 494.6k
Same area · Central River Heights
#188 / 1,244
Top 15% · Avg 443.3k
Citywide · Winnipeg
#31,403 / 194,458
Top 16% · Avg 390.1k

Year Built

above average
1954
0255075100
Same streetTop 32%Same areaTop 16%CitywideBottom 33%

Lot Size

above average
5,494 sqft
0255075100
Same streetTop 21%Same areaTop 45%CitywideTop 44%

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

511 Queenston Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 78 m), 2 parks (nearest 312 m).

Search radius
🏫Education1
🌳Parks2
Worship1

Crime & Safety

Central River Heights · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-99%

vs. prior year

Primary type

Other

100%

Sales History

Sold 8/2021CA$550k–600k
Sold price

Same street

Top 20%

Same area

Top 9%

City-wide

Top 11%

Related homes

Highlights & common questions: 511 Queenston Street, Winnipeg

Property Summary: 511 Queenston Street, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Central River Heights is defined by its generous, above-average lot size—one of its strongest assets. With 5,494 square feet of land, the property offers more outdoor space than most in its immediate area, presenting clear potential for gardening, expansion, or simply enjoying a larger yard. The home itself, built in 1954, is of a vintage common to the neighbourhood, and its living area is comfortably in line with city-wide averages. A key modern update is the renovated basement, adding functional living space. The detached garage provides practical storage or parking.

The primary appeal lies in its location and land. Central River Heights is a consistently desirable neighbourhood, and this property’s lot size is a standout feature for the street. It suits buyers looking for a solid entry into a prime area with the valuable combination of a renovated interior component and significant outdoor space to shape over time. It’s a practical choice for a small family, a couple, or an investor who recognizes the long-term value of land in a established community. The assessed value history suggests the property has been maintained as a solid asset relative to its peers.

Section 2: Frequently Asked Questions

1. How does the lot size compare to nearby properties?
The land area of 5,494 sq ft is notably larger than the average for both Queenston Street and the broader Central River Heights area, placing it in the top 21% and 45% for those respective groups. This is a defining characteristic of this listing.

2. What does the "renovated basement" entail?
The listing confirms the basement has been renovated but does not specify the scope or finish. A buyer should inquire about the permitted nature of the work, the quality of the finish, and whether it includes elements like a separate entrance or bathroom.

3. Is the sale price from 2021 relevant today?
The last recorded sale was in August 2021 for $55,100. This historical data is useful for understanding past market activity, but the current listing price will be determined by present market conditions, recent comparable sales, and the updated assessed value.

4. What is the significance of the assessed value?
The assessed value of $52.40k is for municipal tax purposes and is typically lower than market value. That this assessment ranks above average for the neighbourhood, city, and street indicates the property is viewed as a substantial asset relative to many comparable homes, which can be a positive indicator.

5. What are the implications of a 1954 build date?
A home of this age is typical for the area. It means potential for classic architectural charm but also warrants a thorough inspection for the condition of major aging components, such as the roof, plumbing, electrical systems, and foundation, to understand any upcoming maintenance or updates needed.

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