679 Waterloo Street

Central River Heights, Winnipeg

72.5

Good

Overall 72.5

Newer than most nearby homes

1,279 sqft (top 47%)

Built in 1953

Located in a high-income area

with median household income of ~141k

Transit 80.0

4-min walk to transit with 3 nearby routes

Within 500m: 1 dining spot, 2 schools, 2 parks, and 1 place of worship nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Above average

0 yrs newer 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

72.5 is composed by the two sections below.

Property Score

59.3Fair
Living Area1,279 sqft66Good
Year Built195336Low
Lot Size5,785 sqft74Good
Neighbourhood Sales Activity28Low

Community Score

92.3Excellent
Household Income93Excellent
Education Level91Excellent
Housing Stress100Excellent
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: #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

around average
1,279 sqft
0255075100
Same streetBottom 33%Same areaTop 47%CitywideTop 43%
Same street · Waterloo Street
#215 / 322
Bottom 33% · Avg 1,633 sqft
Same area · Central River Heights
#583 / 1,244
Top 47% · Avg 1,346 sqft
Citywide · Winnipeg
#83,794 / 194,458
Top 43% · Avg 1,342 sqft

Tax-Assessed Value

above average
459k
0255075100
Same streetBottom 48%Same areaTop 34%CitywideTop 27%
Same street · Waterloo Street
#166 / 322
Bottom 48% · Avg 552.1k
Same area · Central River Heights
#422 / 1,244
Top 34% · Avg 443.3k
Citywide · Winnipeg
#52,140 / 194,458
Top 27% · Avg 390.1k

Year Built

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

Lot Size

around average
5,785 sqft
0255075100
Same streetTop 34%Same areaTop 38%CitywideTop 37%

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

679 Waterloo Street — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 251 m), 2 education (nearest 400 m), 2 parks (nearest 309 m).

Search radius
🍽️Dining1
🏫Education2
🌳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 6/2022CA$450k–500k
Sold price

Same street

Top 47%

Same area

Top 19%

City-wide

Top 17%

Related homes

Highlights & common questions: 679 Waterloo Street, Winnipeg

Property Overview

This one-storey home at 679 Waterloo Street in Central River Heights is a classic post-war property built in 1953. Its primary appeal lies in its established neighbourhood setting and a lot size that is generous for the area. The home features a renovated basement and a detached garage. With a living area of 1,279 sqft, it offers a comfortable footprint. The data suggests this is a solid, middle-of-the-road property for the street and neighbourhood in terms of size and value, but it stands out for having a newer build year than many immediate comparables. It would suit a first-time buyer or downsizer looking for a manageable, single-level layout in a central, tree-lined neighbourhood without the premium of a fully modernized home. A thoughtful perspective is that the renovated basement adds functional space not reflected in the main living area square footage, offering potential for a home office or recreational room.

Key Details & FAQs

Key Characteristics & Appeal
This home presents a practical opportunity in a sought-after area. Its key characteristics include a 5,785 sqft lot, which is above the neighbourhood average, providing valuable outdoor space. The house itself, while not large, is efficiently sized for its era. Its appeal is grounded in location and lot value rather than luxury finishes. The renovated basement is a significant functional upgrade. It would best suit value-conscious buyers who prioritize location and land over a turn-key modern interior, or those looking for a home with classic character and the potential to personalize over time.

Frequently Asked Questions

1. How does the property’s age impact a purchase?
Built in 1953, it is newer than many homes on its street and in Central River Heights. This can be an advantage, potentially meaning updates to fundamental systems have already been addressed, but a thorough inspection is always recommended for any home of this era.

2. Is the assessed value a good indicator of the sale price?
The last sale was in June 2022 for $49,400, close to its current assessed value of $45,900. In stable markets, assessed value can be a benchmark, but the final sale price is determined by current market conditions, the property’s state, and buyer demand.

3. What does the lot size mean for me?
At nearly 5,800 sqft, the lot is a standout feature. It offers ample yard space for gardening, recreation, or future expansion like a deck or shed, which is a premium in mature neighbourhoods.

4. The living area seems modest. Is the home spacious enough?
At 1,279 sqft, the main floor living area is typical for a 1950s one-storey home. The renovated basement effectively adds usable square footage, creating a more flexible living space than the main floor measurement alone implies.

5. Who would this property not suit?
It may not suit buyers seeking a modern, open-concept layout or extensive high-end finishes without undertaking renovations. Those requiring multiple large bedrooms or bathrooms on the main floor may also find the original floor plan limiting.

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