654 Borebank Street

Central River Heights, Winnipeg

68.2

Good

Overall 68.2

Smaller but newer than most nearby homes

1,080 sqft (bottom 26%)

Built in 1953

Located in a high-income area

with median household income of ~124k

Transit 80.0

4-min walk to transit with 3 nearby routes

Within 500m: 1 dining spot, 3 schools, 1 park, and 1 place of worship nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 85%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

68.2 is composed by the two sections below.

Property Score

51.9Fair
Living Area1,080 sqft52Fair
Year Built195336Low
Lot Size6,000 sqft81Excellent
Neighbourhood Sales Activity28Low

Community Score

92.7Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health90Excellent

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: #46111051

Community deep dive

$124K

Median household income

$151K

Average household income

1%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

27%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)477
Labour force participation rate76%
Median age44.4
Avg household size2.5
Unemployment rate5%
Population density3407 / km²

Households & income

Low income (LIM-AT, % pop.)1%
Single-person households27%
Couple families with children32%
Median household income (2020)$124K

Housing

Renter households10%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority9%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 85%
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
1,080 sqft
0255075100
Same streetBottom 41%Same areaBottom 26%CitywideBottom 37%
Same street · Borebank Street
#240 / 404
Bottom 41% · Avg 1,211 sqft
Same area · Central River Heights
#920 / 1,244
Bottom 26% · Avg 1,346 sqft
Citywide · Winnipeg
#121,563 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
413k
0255075100
Same streetTop 47%Same areaBottom 45%CitywideTop 35%
Same street · Borebank Street
#189 / 404
Top 47% · Avg 426.2k
Same area · Central River Heights
#681 / 1,244
Bottom 45% · Avg 443.3k
Citywide · Winnipeg
#68,621 / 194,458
Top 35% · 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

654 Borebank Street — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 470 m), 3 education (nearest 438 m), 1 parks (nearest 290 m).

Search radius
🍽️Dining1
🏫Education3
🌳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 654 Borebank Street.

🗑️

Garbage

monday

♻️

Recycling

monday

🍂

Yard Waste

monday a

Sales History

Sold 1/2023CA$350k–400k
Sold price

Same street

Bottom 46%

Same area

Bottom 41%

City-wide

Top 38%

Related homes

Highlights & common questions: 654 Borebank Street, Winnipeg

Property Overview: 654 Borebank Street, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Central River Heights sits on a generously sized 6,000 sqft lot, which is notably larger than most in the immediate area and neighbourhood. Its key features include a renovated basement and a detached garage. Built in 1953, the house itself offers 1,080 sqft of living space, presenting a classic layout typical of its era.

The primary appeal lies in its location and land. The lot size is a significant asset, offering ample outdoor space for gardening, play, or future expansion in a sought-after, established neighbourhood. The renovated basement adds valuable finished space for living or storage. This property suits buyers looking for a solid entry into a prime Winnipeg community, where the value is anchored by the land. It’s ideal for those comfortable with a home of vintage character who may see potential in the existing structure or the possibility of leveraging the large lot for future investment.

A less obvious perspective is its statistical positioning: while the home’s living area is modest for Central River Heights, its lot size is a standout feature. This creates an interesting value proposition where the land itself may be a more significant driver of long-term worth than the current structure, appealing to both end-users and strategic investors.

Section 2: Frequently Asked Questions

1. How does the lot size compare to others?
The 6,000 sqft lot is in the top 17% on Borebank Street and the top 22% within Central River Heights, meaning it is substantially larger than many neighbouring properties.

2. Has the home been recently sold?
Yes, it was last sold in January 2023 for $380,000.

3. What is the home’s assessed value?
The assessed value is $41,300. It’s important to note that this is for taxation purposes and typically differs from market value.

4. Is the basement finished?
Yes, the listing specifies the basement has been renovated.

5. How does the living space compare to the neighbourhood average?
At 1,080 sqft, the living area is below the average for Central River Heights, indicating a more compact main floor footprint common for its vintage, with the renovated basement providing additional usable space.

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