611 Oak Street

Central River Heights, Winnipeg

69.8

Good

Overall 69.8

Older than most nearby homes

1,155 sqft (bottom 36%)

Built in 1950 (3 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: 2 schools, 3 parks, and 1 place of worship nearby

Living Area

Below average

14% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 88%French · 2%

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

69.8 is composed by the two sections below.

Property Score

53.4Fair
Living Area1,155 sqft60Fair
Year Built195030Low
Lot Size5,062 sqft67Good
Neighbourhood Sales Activity28Low

Community Score

94.3Excellent
Household Income92Excellent
Education Level100Excellent
Housing Stress100Excellent
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: #46111045

Community deep dive

$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

Population, labour & age

Population (2021)568
Labour force participation rate74%
Median age40.8
Avg household size2.7
Unemployment rate8%
Population density3550 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households19%
Couple families with children43%
Median household income (2020)$137K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority0%
Bachelor's or higher (25–64)63%
Mother tongue (1st)English · 87%
Mother tongue (2nd)French · 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
1,155 sqft
0255075100
Same streetBottom 15%Same areaBottom 36%CitywideBottom 45%
Same street · Oak Street
#217 / 255
Bottom 15% · Avg 1,734 sqft
Same area · Central River Heights
#793 / 1,244
Bottom 36% · Avg 1,346 sqft
Citywide · Winnipeg
#106,002 / 194,458
Bottom 45% · Avg 1,342 sqft

Tax-Assessed Value

around average
388k
0255075100
Same streetBottom 13%Same areaBottom 27%CitywideTop 42%
Same street · Oak Street
#223 / 255
Bottom 13% · Avg 548.4k
Same area · Central River Heights
#908 / 1,244
Bottom 27% · Avg 443.3k
Citywide · Winnipeg
#80,778 / 194,458
Top 42% · Avg 390.1k

Year Built

around average
1950
0255075100
Same streetTop 45%Same areaBottom 22%CitywideBottom 28%

Lot Size

around average
5,062 sqft
0255075100
Same streetTop 49%Same areaBottom 29%CitywideBottom 47%

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

611 Oak Street — 6 amenities found within 500 m, across 3 categories, including 2 education (nearest 447 m), 3 parks (nearest 257 m).

Search radius
🏫Education2
🌳Parks3
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%

Sales History

Sold 4/2016CA$300k–350k
Sold price

Same street

Bottom 4%

Same area

Bottom 13%

City-wide

Bottom 44%

Related homes

Highlights & common questions: 611 Oak Street, Winnipeg

Property Summary: 611 Oak Street, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home, built in 1950, sits on a standard 5,062 sqft lot in Central River Heights. Its key features include a renovated basement and a detached garage. The living space of 1,155 sqft is modest compared to others on Oak Street but is typical for the broader neighbourhood. The home’s assessed value is notably below average for the immediate area, which may present a value opportunity for the right buyer.

The primary appeal lies in its location within a sought-after neighbourhood and its move-in ready condition, highlighted by the renovated basement. It suits first-time buyers seeking an entry point into Central River Heights, or practical downsizers looking for a manageable home with modernized essentials. A thoughtful perspective is that the smaller living area, while not expansive, could mean lower utility costs and less upkeep, aligning with a simpler, more efficient lifestyle. The below-average assessment for the street suggests potential for equity growth as improvements are made.

Frequently Asked Questions

1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its permitted use with the city.

2. How does the property’s value compare to recent sales?
The home last sold in 2016 for $31,800. Its current assessed value is $38,800, which is below the average for Oak Street, indicating it may be priced competitively within the context of the immediate block.

3. What is the typical maintenance for a home of this age?
Built in 1950, the home is older than most in Central River Heights. Prospective buyers should budget for and inspect age-related systems like plumbing, electrical, and the roof.

4. Is the lot size a pro or con?
At just over 5,000 sqft, the lot is average city-wide but smaller than many on Oak Street. It offers manageable outdoor space but may not suit those seeking extensive gardening or large private yards.

5. Who would this property not suit?
It may not fit families needing significant bedroom space or those prioritizing a large, modern floor plan. The smaller living area and vintage layout require efficient use of space.

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