645 Niagara Street

Central River Heights, Winnipeg

Property score

75.1

Good

Overall 75.1 · Larger than most nearby homes

1,437 sqft (top 29%) · Built in 1952 (1 yr older than avg)

Located in a high-income area with median household income of ~141k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 3 schools, 2 parks, and 1 place of worship nearby

Living Area

Above average

7% larger than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 84%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

75.1 is composed by the two sections below.

Property Score

63.6Fair
Living Area75
1,437 sqftGood
Year Built36
1952Low
Lot Size67
5,494 sqftGood
Neighbourhood Sales Activity28
Low

Community Score

92.3Excellent
Household Income93
Excellent
Education Level91
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

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: #46111044

Community deep dive

$141K

Median household income

$160K

Average household income

1%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

13%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)397
Labour force participation rate70%
Median age46.0
Avg household size2.8
Unemployment rate7%
Population density3609 / km²

Households & income

Low income (LIM-AT, % pop.)1%
Single-person households13%
Couple families with children37%
Median household income (2020)$141K

Housing

Renter households10%
Condominium dwellings0%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)13%
Visible minority13%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 83%
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

above average
1,437 sqft
0255075100
Same streetBottom 49%Same areaTop 29%CitywideTop 34%
Same street · Niagara Street
#174 / 343
Bottom 49% · Avg 1,491 sqft
Same area · Central River Heights
#362 / 1,244
Top 29% · Avg 1,346 sqft
Citywide · Winnipeg
#65,916 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
475k
0255075100
Same streetTop 36%Same areaTop 28%CitywideTop 24%
Same street · Niagara Street
#124 / 343
Top 36% · Avg 476.8k
Same area · Central River Heights
#351 / 1,244
Top 28% · Avg 443.3k
Citywide · Winnipeg
#46,653 / 194,458
Top 24% · Avg 390.1k

Year Built

above average
1952
0255075100
Same streetTop 26%Same areaBottom 46%CitywideBottom 30%

Lot Size

above average
5,494 sqft
0255075100
Same streetTop 17%Same areaTop 45%CitywideTop 44%

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

645 Niagara Street — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 215 m), 3 education (nearest 432 m), 2 parks (nearest 242 m).

Search radius
🍽️Dining1
🏫Education3
🌳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 9/2019CA$400k–450k
Sold price

Same street

Bottom 37%

Same area

Bottom 48%

City-wide

Top 33%

Related homes

Highlights & common questions: 645 Niagara Street, Winnipeg

Property Overview

This well-situated one-storey home at 645 Niagara Street in Central River Heights offers a classic Winnipeg living experience with modern updates. Built in 1952, it sits on a generous 5,494 sqft lot that is notably larger than most on its street. The 1,437 sqft living area is comfortably above average for the neighbourhood, and the home benefits from a renovated basement and a detached garage.

Its primary appeal lies in its established location combined with move-in-ready fundamentals. The renovated basement adds valuable finished space, while the large lot presents a clear advantage for outdoor enjoyment or future expansion relative to nearby properties. The home’s assessed value ranks above average citywide, suggesting a solid foundation of value.

This property would suit a buyer looking for a character home in a prime central neighbourhood without a major renovation project. It’s ideal for those who value private outdoor space and appreciate a home that has already seen key updates. It could work well for a small family, a professional couple, or someone looking to downsize from a larger house while staying in a desirable area.


Frequently Asked Questions

How does the lot size compare practically?
At 5,494 sqft, the lot is in the top 17% on Niagara Street—significantly larger than the street average. This means more yard space for gardening, recreation, or adding a deck or patio compared to many neighbouring homes.

What does “renovated basement” typically mean here?
While specific finishes aren’t listed, in a 1950s home this usually indicates updated essentials like flooring, lighting, and drywall, creating a clean, functional living or recreational space. It’s a key feature that adds immediate usable square footage.

Is the detached garage a pro or a con?
This depends on preference. It provides flexible storage or workshop space separate from the house. However, it means a walk to your car in winter, which some buyers factor in versus an attached garage.

The home sold in 2019 for $400k, but the assessed value is much lower. Why?
Assessed value for property tax purposes is not the same as market value. The 2019 sale price is a more current indicator of its market worth, reflecting what a buyer recently paid for the location, condition, and features.

How does the living area feel for a one-storey layout?
At 1,437 sqft, the living area is above the neighbourhood average. In a bungalow layout, this typically allows for spacious principal rooms and fewer cramped hallways, often creating a more open feel than the square footage might suggest in a two-storey home.