558 Oxford Street

Central River Heights, Winnipeg

66.2

Good

Overall 66.2

Compared with neighbourhood average

1,144 sqft (bottom 35%)

Built in 1951 (2 yrs older than avg)

Located in a high-income area

with median household income of ~95k

Transit 80.0

3-min walk to transit with 3 nearby routes

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

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 80%Tagalog · 2%

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

66.2 is composed by the two sections below.

Property Score

53.6Fair
Living Area1,144 sqft60Fair
Year Built195136Low
Lot Size4,798 sqft60Fair
Neighbourhood Sales Activity28Low

Community Score

85.1Excellent
Household Income83Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

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: #46110425

Community deep dive

$95K

Median household income

$112K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

32%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)488
Labour force participation rate73%
Median age45.6
Avg household size2.1
Unemployment rate5%
Population density2870 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households32%
Couple families with children21%
Median household income (2020)$95K

Housing

Renter households13%
Condominium dwellings8%
Median dwelling value (owners)$360K

Diversity, education & language

Immigrants (share of pop.)28%
Visible minority14%
Bachelor's or higher (25–64)50%
Mother tongue (1st)English · 79%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

around average
1,144 sqft
0255075100
Same streetBottom 38%Same areaBottom 35%CitywideBottom 44%
Same street · Oxford Street
#184 / 297
Bottom 38% · Avg 1,641 sqft
Same area · Central River Heights
#805 / 1,244
Bottom 35% · Avg 1,346 sqft
Citywide · Winnipeg
#108,256 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
458k
0255075100
Same streetTop 39%Same areaTop 34%CitywideTop 27%
Same street · Oxford Street
#116 / 297
Top 39% · Avg 480.4k
Same area · Central River Heights
#425 / 1,244
Top 34% · Avg 443.3k
Citywide · Winnipeg
#52,491 / 194,458
Top 27% · Avg 390.1k

Year Built

around average
1951
0255075100
Same streetTop 34%Same areaBottom 36%CitywideBottom 29%

Lot Size

around average
4,798 sqft
0255075100
Same streetBottom 27%Same areaBottom 15%CitywideBottom 39%

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

558 Oxford Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 234 m).

Search radius
🌳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 7/2020CA$350k–400k
Sold price

Same street

Bottom 37%

Same area

Bottom 39%

City-wide

Top 39%

Related homes

Highlights & common questions: 558 Oxford Street, Winnipeg

Property Overview & Key Characteristics

This two-storey home on Oxford Street in Central River Heights is a classic Winnipeg property with practical updates and a established neighbourhood feel. Its key appeal lies in its balance of a renovated basement, a detached garage, and a decently-sized lot in a central, mature area. The home itself, built in 1951, offers a functional living space of just over 1,140 sqft. While the house is modest in size compared to some on the street, the nearly 4,800 sqft lot provides valuable outdoor space and potential. The data suggests a property that is financially accessible for the area, with an assessed value that sits comfortably below the street average but above the city-wide average, indicating a solid investment in a desirable location.

This home would suit a first-time buyer or a downsizer looking for a low-maintenance footprint without sacrificing a prime location. It’s also a practical fit for an investor seeking a character property in a stable neighbourhood with rental demand. The renovated basement adds immediate functional living space, a key advantage over many homes of this vintage. A thoughtful perspective is that while the living area is average, the lot size—though below the neighbourhood average—still offers a rare commodity in central areas: private outdoor space with room to breathe, garden, or entertain.


Frequently Asked Questions

1. How does the lot size compare to others in the area?
The property’s land area of 4,798 sqft is below the average for Central River Heights (approx. 5,581 sqft) and for Oxford Street itself (approx. 5,699 sqft). However, it remains a generous city lot by wider Winnipeg standards and offers ample backyard space.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This would be a key point for a home inspection to determine the quality of the renovation, ceiling height, moisture control, and whether it includes a legal suite or additional living space.

3. Is the assessed value a reliable indicator of the likely sale price?
The home last sold in July 2020 for $37,800 and is now assessed at $45,800. In a dynamic market, the assessed value is a benchmark for municipal taxes, not a guaranteed sale price. The final price will be determined by current market conditions, the home’s interior condition, and buyer demand.

4. What are the implications of the home's age (built in 1951)?
A home of this age offers classic character but warrants careful attention to major systems. Prospective buyers should prioritize checks on the roof, wiring, plumbing, and foundation. The positive trade-off is often better construction materials and a more established streetscape than newer subdivisions.

5. How does this property rank for value in the neighbourhood?
The data shows its assessed value ranks in the top 34% for Central River Heights, meaning it’s assessed higher than many area homes. This suggests it is viewed as a solid property within the neighbourhood, but it also means property taxes will be aligned with that assessment.

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