595 Borebank Street

Central River Heights, Winnipeg

71.7

Good

Overall 71.7

Newer than most nearby homes

1,224 sqft (bottom 46%)

Built in 1954 (1 yr newer than avg)

Located in a high-income area

with median household income of ~111k

Transit 80.0

5-min walk to transit with 3 nearby routes

Within 500m: 4 dining spots, 2 schools, 1 shop, and 1 park nearby

Living Area

Near average

9% smaller than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 84%Chinese · 1%

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

71.7 is composed by the two sections below.

Property Score

59.3Fair
Living Area1,224 sqft66Good
Year Built195436Low
Lot Size5,640 sqft74Good
Neighbourhood Sales Activity28Low

Community Score

90.3Excellent
Household Income89Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
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: #46111050

Community deep dive

$111K

Median household income

$120K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

24%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)452
Labour force participation rate69%
Median age43.6
Avg household size2.4
Unemployment rate0%
Population density1883 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households24%
Couple families with children27%
Median household income (2020)$111K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$376K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority7%
Bachelor's or higher (25–64)59%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Chinese · 1%

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

Rankings

Living Area

around average
1,224 sqft
0255075100
Same streetTop 42%Same areaBottom 46%CitywideTop 48%
Same street · Borebank Street
#170 / 404
Top 42% · Avg 1,211 sqft
Same area · Central River Heights
#674 / 1,244
Bottom 46% · Avg 1,346 sqft
Citywide · Winnipeg
#93,008 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
417k
0255075100
Same streetTop 46%Same areaBottom 48%CitywideTop 34%
Same street · Borebank Street
#184 / 404
Top 46% · Avg 426.2k
Same area · Central River Heights
#652 / 1,244
Bottom 48% · Avg 443.3k
Citywide · Winnipeg
#66,982 / 194,458
Top 34% · Avg 390.1k

Year Built

above average
1954
0255075100
Same streetTop 30%Same areaTop 16%CitywideBottom 33%

Lot Size

around average
5,640 sqft
0255075100
Same streetTop 45%Same areaTop 41%CitywideTop 40%

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

595 Borebank Street — 10 amenities found within 500 m, across 6 categories, including 4 dining (nearest 346 m), 2 education (nearest 373 m), 1 shopping (nearest 359 m).

Search radius
🍽️Dining4
🏫Education2
🛒Shopping1
🌳Parks1
🏦Finance1
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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 595 Borebank Street.

🗑️

Garbage

monday

♻️

Recycling

monday

🍂

Yard Waste

monday a

Sales History

Sold 10/2024CA$400k–450k
Sold price

Same street

Top 27%

Same area

Top 34%

City-wide

Top 25%
Sold 7/2017CA$300k–350k
Sold price

Same street

Bottom 24%

Same area

Bottom 19%

City-wide

Bottom 48%
Sold 6/2016CA$300k–350k
Sold price

Same street

Bottom 14%

Same area

Bottom 12%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 595 Borebank Street, Winnipeg

Property Overview

This one-and-a-half storey home on a generous 5,640 sqft lot in Central River Heights presents a balanced and practical offering. Its key appeal lies in its established neighbourhood setting and recent, significant value growth. Built in 1954, it is newer than many homes on its street and in the wider area. The living space of 1,224 sqft is typical for the locale, and the property features a renovated basement and a detached garage.

The home’s trajectory is notable: after selling for $310k in 2016 and $330k in 2017, it sold again in late 2024 for $440k. This represents substantial appreciation and suggests the property has been updated or is in a micro-location that buyers value highly. It would suit a buyer looking for a move-in-ready home with modernized basics in a prime, stable neighbourhood, or an investor/owner who appreciates a property with a clear history of strong capital growth. The lot size also offers potential for future expansion or landscaping, which is a less obvious but valuable asset in this mature area.


Frequently Asked Questions

What does "one-and-a-half storey" typically mean for this home?
This style usually features a main floor with principal rooms and a second floor under sloping roof lines, often creating cozy bedrooms with character. It’s a classic Winnipeg design that maximizes space efficiently.

How significant is the recent sale price increase?
The jump from $330k in 2017 to $440k in 2024 is considerable. It indicates strong market demand for the area and likely reflects investments made into the property, such as the basement renovation.

Is the detached garage a plus or a minus?
This depends on preference. A detached garage offers flexibility (e.g., for a workshop) and can reduce noise in the house, but it is less convenient in winter than an attached garage.

The assessed value seems low compared to the sale price. Why?
Municipal assessed value for taxation purposes often lags behind rapid market changes. The 2024 sale price is a much more current indicator of the home’s market value.

What is the neighbourhood vibe on Borebank Street?
As a street within the sought-after Central River Heights, it offers a quiet, residential feel while being minutes from amenities like parks, schools, shops, and major routes. The consistent sales activity on the street itself points to a desirable, active community.

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