73.7
Good
Property score
73.7
Good
Overall 73.7
Older than most nearby homes
1,333 sqft (top 42%)
Built in 1949 (4 yrs older than avg)
Located in a high-income area
with median household income of ~137k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 1 school, 2 parks, 1 bank/ATM, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 88%French · 2%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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73.7 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 houses (non-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: #46111045
$137K
Median household income
$176K
Average household income
2%
Low income (LIM-AT)
0.3
Income inequality (Gini)
2.7
P90 / P10 ratio
19%
Single-person households
43%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
580 Montrose Street — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 391 m), 2 parks (nearest 166 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%
Local garbage, recycling, and yard waste pickup schedule for 580 Montrose Street.
Garbage
monday
Recycling
monday
Yard Waste
monday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Top 47% | Top 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 580 Montrose Street in Winnipeg's Central River Heights neighbourhood presents a classic character property with modern updates. Built in 1949, it sits on a 5,039 sqft lot and features 1,333 sqft of living space, a renovated basement, and a detached garage. It last sold in August 2022 for $410,000.
Key Characteristics & Appeal
The primary appeal of this home lies in its location within the desirable Central River Heights area, combined with the value offered by a recently renovated basement. While the living space is modest compared to some larger homes on Montrose Street, it is squarely average for the broader neighbourhood and city, suggesting a comfortable, manageable size. The lot size, though below average for the immediate street, is still generous and offers typical outdoor space for the area.
This property would suit first-time buyers or downsizers seeking an established neighbourhood with character, without the upkeep of a very large home. The renovation work in the basement adds immediate livable space and potential for a rental suite or flexible family area. A thoughtful perspective is that its "below average" metrics for the street in land and living area likely contribute to a more accessible price point for entering this sought-after location, offering a trade-off between premium location and square footage.
Frequently Asked Questions
1. How does the assessed value relate to the sale price?
The assessed value is $41,400, which is a figure used for calculating property taxes and is typically much lower than the market sale price. The home sold for $410,000 in 2022, which is the relevant figure for understanding its market value.
2. Is the living space sufficient for a family?
At 1,333 sqft, the living area is average for Winnipeg and the Central River Heights neighbourhood. It is a comfortable size for a small family or couple, especially with the additional renovated basement space.
3. What does the "below average" lot size mean for this property?
While the lot is smaller than the average on Montrose Street itself, at over 5,000 sqft it remains a good-sized urban lot. It provides ample yard space for gardening or recreation while potentially requiring less maintenance than larger plots.
4. What are the implications of the home's age?
Built in 1949, the home is older than many in the city. This often means character details and mature landscaping, but buyers should ensure inspections cover aging components like the roof, plumbing, and electrical systems, even with recent renovations elsewhere.
5. How does this price compare to the area?
The 2022 sale price of $410,000 was around average for the broader Central River Heights neighbourhood and the city at that time, but was below average for Montrose Street itself. This indicates you may get more house for your money on other streets in the area, or that this property offers a value-oriented entry point to this specific block.
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