Central River Heights, Winnipeg
Property score
70.8
Good
Overall 70.8 · Older than most nearby homes
1,256 sqft (top 50%) · Built in 1950 (3 yrs older than avg)
Located in a high-income area with median household income of ~134k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 1 place of worship nearby
Living Area
Near average
7% smaller than neighborhood avg.
Taon ng Paggawa
Below average
3 yrs older than neighborhood avg.
Mother tongue
English · 85%French · 1%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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70.8 is composed by the two sections below.
Property Score
Community Score
Central River Heights
How to read: Share of sales in each ~$50k price band for “central river heights” (Detached na bahay (hindi condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111046
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
545 Niagara Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 170 m), 2 parks (nearest 266 m).
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%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 31% | Bottom 44% | Top 35% |
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
Property Overview: 545 Niagara Street, Winnipeg
Key Characteristics & Appeal
This is a well-situated, post-war two-storey home in Central River Heights, built in 1950. It sits on a standard city lot of approximately 4,500 sq ft and offers 1,256 sq ft of living space. A key feature is its renovated basement, adding functional space, and it includes a detached garage. The home’s appeal lies in its established neighbourhood setting and its position as a solid, middle-of-the-road property in its immediate area. For its street and the wider Central River Heights community, its lot size, living area, and year built are all around or slightly below the local averages, suggesting it fits comfortably within the fabric of this mature neighbourhood without standing out as exceptionally large or modern.
This property would suit a pragmatic buyer looking for a home in a desirable area without a premium price tag for above-average specs. It’s ideal for someone who values a renovated basement for extra living or utility space and appreciates the character and stability of River Heights. The data indicates it’s not a fixer-upper nor a luxury offering, but a straightforward, livable home in a prime location. A thoughtful perspective is that its "average" metrics relative to its sought-after neighbourhood could represent a value-conscious entry point, allowing investment to be directed toward personalization rather than overpaying for land or size.
Frequently Asked Questions
1. How does the lot size compare to others?
At 4,524 sq ft, the lot is very typical for Niagara Street itself (ranking in the top 40%) and is close to the average for Central River Heights. It provides a standard urban yard space.
2. Is the home older than others in the area?
Built in 1950, it is slightly newer than the average home on Niagara Street (where the average year built is 1941) but is a bit older than the average for the broader Central River Heights neighbourhood.
3. What does the assessed value indicate?
The assessed value of $41.3k is below the street average but aligns with the neighbourhood average. It’s important to note that assessed value for tax purposes is different from market value; the last recorded sale was in 2019 for $39.2k.
4. Who might this home not suit?
Buyers seeking a very large lot, a newer build, or a home with above-average square footage for the immediate area might find this property too standard. It’s geared toward those who prioritize location over standout specifications.
5. What is the significance of the renovated basement?
In a home with a living area that is average for the city, a renovated basement effectively expands the usable living space, adding significant functional value that may not be fully reflected in the main square footage figure.
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