Central River Heights, Winnipeg
Property score
78.4
Good
Overall 78.4 · Larger and newer than most nearby homes
1,546 sqft (top 24%) · Built in 1953
Located in a high-income area with median household income of ~134k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 park, and 1 place of worship nearby
Living Area
Above average
15% larger than neighborhood avg.
Year Built
Above average
0 yrs newer 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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78.4 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: #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.
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
585 Niagara Street — 4 amenities found within 500 m, across 4 categories, including 1 dining (nearest 455 m), 1 education (nearest 261 m), 1 parks (nearest 173 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 39% | Top 28% | Top 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 585 Niagara Street, Central River Heights
Key Characteristics, Appeal & Ideal Buyer
This well-situated 1953 one-storey home in Central River Heights sits on a notably large, deep lot (over 6,700 sq ft), placing it in the top tier for land size both on its street and within the desirable neighbourhood. The home itself offers 1,546 sq ft of living space, which is comfortably above average for Winnipeg, and features a renovated basement and a detached garage. Its assessed value is consistent with the area, and it last sold in June 2024.
The primary appeal lies in its generous outdoor space and established location. The lot size is a significant asset, offering rare potential for expansion, gardening, or private outdoor living in a central area. The renovated basement adds immediate functional living space. This property suits buyers looking for a solid, character-home foundation in a prime neighbourhood, with the land to potentially customize or expand over time. It’s ideal for those who value space and location over a brand-new build, and who see the value in a home that already has key updates like the basement, while leaving room for personalization.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The lot is exceptionally large for Central River Heights, ranking in the top 7% of the neighbourhood. It is significantly larger than the area average, offering a substantial backyard that is uncommon for central locations.
2. Is the home considered older for the area?
Built in 1953, it is actually newer than many homes on Niagara Street and is near the average age for the wider neighbourhood. It’s a mature home but not among the oldest in the area.
3. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specific finishes and the scope of work (e.g., legal suite, moisture proofing) should be verified with the seller or during a viewing to understand its condition and permitted use.
4. How does the sale price relate to the assessed value?
The home sold for $455,000 in June 2024, which is close to its $470,000 assessed value. This suggests the sale was aligned with municipal valuation and recent market conditions at that time.
5. What is the neighbourhood context of Niagara Street?
The data shows that for key metrics like lot size and living area, this home consistently performs above the average for Central River Heights, indicating it is a strong contender within an already sought-after neighbourhood.
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