Central River Heights, Winnipeg
Property score
69.9
Good
Overall 69.9 · Smaller than most nearby homes
1,114 sqft (bottom 30%) · Built in 1951 (2 yrs older than avg)
Located in a high-income area with median household income of ~134k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 2 parks, and 1 place of worship nearby
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Below average
2 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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69.9 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
586 Niagara Street — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 460 m), 1 education (nearest 297 m), 2 parks (nearest 225 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 | Bottom 21% | Bottom 31% | Top 43% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 2% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 586 Niagara Street, Winnipeg
Key Characteristics & Appeal
This one-storey home on a generous 5,004 sqft lot in Central River Heights presents a straightforward opportunity. Its key feature is the renovated basement, adding valuable finished space to the 1,114 sqft main living area. The property includes a detached garage and was built in 1951.
The appeal here is grounded in its context. The lot size is notably above average for Niagara Street itself, offering more outdoor space than many immediate neighbours. While the living area is modest, the renovated basement helps maximize usable square footage. The assessed value positions this property as a more accessible entry point into the desirable Central River Heights neighbourhood, suggesting potential for buyers who prioritize location over a large or modernized main floor. It would suit a first-time buyer, an investor, or someone looking to downsize into a mature, established area without a premium price tag. The value proposition leans heavily on the lot size, the basement renovation, and the neighbourhood's enduring appeal.
Frequently Asked Questions
1. How does the lot size compare?
The 5,004 sqft lot is a standout feature, ranking in the top 27% for size on Niagara Street. It provides more yard space than is typical for this specific street.
2. Is the living space smaller than average?
Yes, the main living area of 1,114 sqft is below the average for Niagara Street. However, the renovated basement significantly adds to the total usable space, and the home's footprint is around the city-wide average.
3. What does the assessed value indicate?
The assessed value is below the average for Niagara Street, which often reflects the home's more modest main living area and older construction date (1951). It can indicate a potentially lower property tax burden and a price point that may be below others in the immediate area.
4. How does the year built affect the home?
Built in 1951, the home is newer than many on its street but older than the city-wide average. Buyers should anticipate the maintenance and potential update needs common to homes of this era, balanced by the character and established landscaping of the neighbourhood.
5. What are nearby properties like?
The neighbouring homes on Niagara Street are of similar vintage, with varying lot and living space sizes. For example, a nearby reference property at 589 Niagara Street is slightly newer and has a significantly larger main living area, which helps contextualize the trade-offs present at 586 Niagara.
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