621 Waterloo Street

Central River Heights, Winnipeg

83.4

Excellent

Overall 83.4

Larger and newer than most nearby homes

2,115 sqft (top 5%)

Built in 1953

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

Above average

57% 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)

Sold Count

426

Median price

580k

$/sqft

$326/sqft

Avg build year

1953

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Property score

83.4 is composed by the two sections below.

Property Score

77.1Good
Living Area2,115 sqft94Excellent
Year Built195336Low
Lot Size6,024 sqft81Excellent
Neighbourhood Sales Activity28Low

Community Score

92.9Excellent
Household Income92Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46111046

Community deep dive

$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

Population, labour & age

Population (2021)466
Labour force participation rate67%
Median age46.4
Avg household size2.6
Unemployment rate6%
Population density2588 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households19%
Couple families with children36%
Median household income (2020)$134K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority4%
Bachelor's or higher (25–64)68%
Mother tongue (1st)English · 84%
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

Elite
2,115 sqft
0255075100
Same streetTop 16%Same areaTop 5%CitywideTop 8%
Same street · Waterloo Street
#52 / 322
Top 16% · Avg 1,633 sqft
Same area · Central River Heights
#63 / 1,244
Top 5% · Avg 1,346 sqft
Citywide · Winnipeg
#15,902 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

above average
596k
0255075100
Same streetTop 19%Same areaTop 6%CitywideTop 8%
Same street · Waterloo Street
#62 / 322
Top 19% · Avg 552.1k
Same area · Central River Heights
#77 / 1,244
Top 6% · Avg 443.3k
Citywide · Winnipeg
#15,980 / 194,458
Top 8% · Avg 390.1k

Year Built

above average
1953
0255075100
Same streetTop 26%Same areaTop 27%CitywideBottom 31%

Lot Size

above average
6,024 sqft
0255075100
Same streetTop 25%Same areaTop 18%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

621 Waterloo Street — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 479 m), 1 education (nearest 322 m), 2 parks (nearest 269 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks2
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 8/2023CA$600k–650k
Sold price

Same street

Top 21%

Same area

Top 3%

City-wide

Top 6%

Related homes

Highlights & common questions: 621 Waterloo Street, Winnipeg

Property Overview

This 1953-built, one-storey home on a large 6,024 sqft lot in Central River Heights presents a compelling opportunity. Its primary appeal lies in its generous proportions, both in living space (2,115 sqft) and land size, which rank well above average for the desirable neighbourhood. The home features a renovated basement and a detached garage. The data suggests it is a property with established character, offering more interior room than most nearby homes, on a parcel of land that provides ample outdoor potential. It would particularly suit buyers looking for a spacious bungalow in a central location, who value the flexibility of a large yard and are possibly interested in a home where the value is rooted in its generous footprint and solid neighbourhood standing. A thoughtful perspective is that while the home itself is from the 1950s, its lot size is a finite asset that newer developments rarely match, offering long-term value in land.

Frequently Asked Questions

1. How does the living area compare to typical homes in the area?
The living area is 2,115 sqft, which is significantly larger than average. It ranks in the top 5% of homes in Central River Heights, where comparable properties average about 1,346 sqft.

2. Is the lot size a notable feature?
Yes. The 6,024 sqft lot is above average for both Waterloo Street and the broader Central River Heights neighbourhood, placing it in the top 25% and top 18% respectively for local comparisons.

3. What is the significance of the assessed value?
The assessed value of $59,600k is above average for its immediate street, neighbourhood, and city-wide. It ranks in the top 6% for Central River Heights, indicating the property is assessed among the higher-valued homes in this area.

4. When was it last sold, and for how much?
The property was last sold in August 2023 for $63,300k. This sale price was well above average for the neighbourhood, ranking in the top 4% of Central River Heights at that time.

5. How does the year built affect this property?
Built in 1953, the home is newer than many on its street and in Central River Heights, where average build years are 1946 and 1953 respectively. This suggests it may have had fewer generations of wear or updates compared to some neighbouring houses.

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