608 Borebank Street

Central River Heights, Winnipeg

67.3

Good

Overall 67.3

Smaller but newer than most nearby homes

1,063 sqft (bottom 23%)

Built in 1953

Located in a high-income area

with median household income of ~111k

Transit 70.0

6-min walk to transit with 3 nearby routes

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

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Above average

0 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

67.3 is composed by the two sections below.

Property Score

51.9Fair
Living Area1,063 sqft52Fair
Year Built195336Low
Lot Size6,000 sqft81Excellent
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
1,063 sqft
0255075100
Same streetBottom 38%Same areaBottom 23%CitywideBottom 35%
Same street · Borebank Street
#250 / 404
Bottom 38% · Avg 1,211 sqft
Same area · Central River Heights
#952 / 1,244
Bottom 23% · Avg 1,346 sqft
Citywide · Winnipeg
#126,657 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

around average
351k
0255075100
Same streetBottom 18%Same areaBottom 9%CitywideBottom 47%
Same street · Borebank Street
#332 / 404
Bottom 18% · Avg 426.2k
Same area · Central River Heights
#1,135 / 1,244
Bottom 9% · Avg 443.3k
Citywide · Winnipeg
#103,913 / 194,458
Bottom 47% · Avg 390.1k

Year Built

above average
1953
0255075100
Same streetTop 38%Same areaTop 27%CitywideBottom 31%

Lot Size

above average
6,000 sqft
0255075100
Same streetTop 17%Same areaTop 22%CitywideTop 31%

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

608 Borebank Street — 9 amenities found within 500 m, across 5 categories, including 4 dining (nearest 418 m), 2 education (nearest 358 m), 1 shopping (nearest 432 m).

Search radius
🍽️Dining4
🏫Education2
🛒Shopping1
🌳Parks1
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 608 Borebank Street.

🗑️

Garbage

monday

♻️

Recycling

monday

🍂

Yard Waste

monday a

Sales History

Sold 12/2020CA$300k–350k
Sold price

Same street

Bottom 11%

Same area

Bottom 10%

City-wide

Bottom 40%

Related homes

Highlights & common questions: 608 Borebank Street, Winnipeg

Property Overview

This 1953 one-storey home at 608 Borebank Street in Central River Heights presents a compelling opportunity centered on its land and location. The key feature is its 6,000 sqft lot, which is notably larger than most in the immediate area and neighbourhood, offering above-average outdoor space for Central River Heights. The home itself is modest in size at 1,063 sqft and includes a renovated basement. A detached garage completes the picture. Its assessed value is relatively low for the neighbourhood, suggesting potential value in the land itself or a home that may benefit from modernization.

Key Characteristics & Appeal

The primary appeal of this property lies in its generous lot in a sought-after, established neighbourhood. It suits two main types of buyers: those looking for a solid starter home with room to garden and expand outdoors, and investors or builders who see value in the land for future redevelopment. The renovated basement adds functional living space, a plus for growing families. A thoughtful perspective is that while the living area is below average for the neighbourhood, this can represent an affordable entry point into a prime area where the land is the appreciating asset. The low recent sale price and assessment indicate it may be a value-purchase opportunity, but likely reflects the home's condition and size relative to the area.

Frequently Asked Questions

1. Is the lot size unusual for this area?
Yes. The 6,000 sqft lot ranks in the top 17% on its own street and top 22% in Central River Heights, making it a standout feature compared to nearby properties.

2. What does the low assessed value indicate?
The assessment is below average for both the street and the neighbourhood. This typically reflects the home's smaller size and older construction relative to others in the area, not necessarily the land value.

3. Who would this property suit best?
It's ideal for a first-time buyer prioritizing location and yard space over a large interior, or for a buyer with plans to renovate or eventually rebuild to maximize the desirable lot.

4. How does the living space compare?
At 1,063 sqft, the living area is below the neighbourhood average. This confirms the home is a compact bungalow, with the renovated basement providing crucial additional space.

5. Is the detached garage a standard feature?
In older neighbourhoods like Central River Heights, detached garages are common for homes of this era. It provides parking and storage but may require updates.

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