77.3
Good
Property score
77.3
Good
Overall 77.3
Larger but older than most nearby homes
1,546 sqft (top 24%)
Built in 1950 (3 yrs older than avg)
Located in a high-income area
with median household income of ~134k
Transit 70.0
6-min walk to transit with 3 nearby routes
Within 500m: 1 dining spot, 2 schools, 2 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
15% larger than neighborhood avg.
Year Built
Below average
3 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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77.3 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
640 Waterloo Street — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 437 m), 2 education (nearest 405 m), 2 parks (nearest 316 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%
Local garbage, recycling, and yard waste pickup schedule for 640 Waterloo Street.
Garbage
monday
Recycling
monday
Yard Waste
monday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 38% | Top 12% | Top 14% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 39% | Top 42% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home on a quiet street in Central River Heights presents a classic Winnipeg character home with modern practicality. Built in 1950, it sits on a generous 6,010 sqft lot that is larger than most in the sought-after neighbourhood. The 1,546 sqft living space is comfortably above the city average, and the home features a renovated basement and a detached garage. Its appeal lies in the established, tree-lined community combined with a home that offers solid fundamentals and space to grow. Recent sale history shows significant value appreciation, suggesting a well-regarded location.
It would suit a buyer looking for a genuine neighbourhood feel, who values a larger outdoor space over a brand-new build. It’s ideal for someone ready to live in a classic home that has seen some updates (like the basement) but may appreciate further personalization over time. The numbers indicate it’s a competitively positioned property within its area, not a standout luxury offering but a strong, above-average contender in a desirable community.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
The 6,010 sqft lot is a key feature, placing it in the top 19% for size within Central River Heights. It offers more outdoor space than most neighbouring properties.
2. Has the property value been stable?
Sale data shows a notable increase from $420k in 2019 to $525k in 2022. Its current assessed value is in line with similar homes on its street and above the neighbourhood average, indicating steady market performance.
3. What should I know about the home’s age?
Built in 1950, the home is older than most in the neighbourhood and city. While the basement has been renovated, a prospective buyer should consider the condition of major aging components like the roof, windows, and mechanical systems.
4. Is the living space typical for the area?
At 1,546 sqft, the living area is above average for both the city and the Central River Heights neighbourhood, offering more interior space than many comparable homes.
5. What is the context of the detached garage?
While the listing confirms a detached garage, details on its size, condition, or potential for conversion are not provided. This would be a key point for verification during a viewing, especially for those needing workshop space or additional storage.
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