699 Borebank Street

Central River Heights, Winnipeg

70.1

Good

Overall 70.1

Newer than most nearby homes

1,137 sqft (bottom 33%)

Built in 1953

Located in a high-income area

with median household income of ~111k

Transit 80.0

2-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

Below average

16% smaller than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 84%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

70.1 is composed by the two sections below.

Property Score

56.7Fair
Living Area1,137 sqft60Fair
Year Built195336Low
Lot Size6,120 sqft81Excellent
Neighbourhood Sales Activity28Low

Community Score

90.3Excellent
Household Income89Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46111050

Community deep dive

$111K

Median household income

$120K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

24%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)452
Labour force participation rate69%
Median age43.6
Avg household size2.4
Unemployment rate0%
Population density1883 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households24%
Couple families with children27%
Median household income (2020)$111K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$376K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority7%
Bachelor's or higher (25–64)59%
Mother tongue (1st)English · 84%
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
1,137 sqft
0255075100
Same streetBottom 47%Same areaBottom 33%CitywideBottom 44%
Same street · Borebank Street
#214 / 404
Bottom 47% · Avg 1,211 sqft
Same area · Central River Heights
#831 / 1,244
Bottom 33% · Avg 1,346 sqft
Citywide · Winnipeg
#109,866 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
422k
0255075100
Same streetTop 42%Same areaTop 49%CitywideTop 33%
Same street · Borebank Street
#169 / 404
Top 42% · Avg 426.2k
Same area · Central River Heights
#613 / 1,244
Top 49% · Avg 443.3k
Citywide · Winnipeg
#65,035 / 194,458
Top 33% · Avg 390.1k

Year Built

above average
1953
0255075100
Same streetTop 38%Same areaTop 27%CitywideBottom 31%

Lot Size

above average
6,120 sqft
0255075100
Same streetTop 10%Same areaTop 15%CitywideTop 28%

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

699 Borebank Street — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 459 m), 3 education (nearest 312 m), 2 parks (nearest 462 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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 699 Borebank Street.

🗑️

Garbage

monday

♻️

Recycling

monday

🍂

Yard Waste

monday a

Sales History

Sold 10/2016CA$300k–350k
Sold price

Same street

Bottom 26%

Same area

Bottom 20%

City-wide

Bottom 49%

Related homes

Highlights & common questions: 699 Borebank Street, Winnipeg

Property Overview: 699 Borebank Street, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Central River Heights is defined by its generous, above-average lot size. With over 6,100 square feet of land, the property offers substantial outdoor space that is a rarity within its street, neighbourhood, and city context, ranking in the top 10-15% locally. This is the home's most distinctive asset, presenting opportunities for gardening, expansion, or simply enjoying a larger private yard.

The house itself, built in 1953, is of average size for the area at approximately 1,137 square feet and features a renovated basement. Its appeal lies in a classic River Heights location combined with the latent potential of its sizable parcel of land. It would suit a buyer who values space and location over a large existing footprint—perfect for someone looking to put down roots in a established neighbourhood with room to grow, or for those who prioritize outdoor living and future renovation potential over a move-in-ready, maximized structure. The detached garage adds practical storage or workshop space.

Section 2: Frequently Asked Questions

1. Is the lot size truly a significant advantage?
Yes. The land area is notably larger than most comparable properties on the street and in Central River Heights. This provides more privacy, flexibility, and is often a key driver of long-term value in mature neighbourhoods.

2. How updated is the home?
The listing specifically notes a renovated basement, which is a positive functional update. The main living areas and systems of the 1953-built home should be carefully inspected to determine the level of modernization required.

3. What does the assessed value indicate?
The assessed value is around the neighbourhood average. It's important to note that this is for municipal tax purposes and is not a market valuation. The sale price will be determined by current market conditions, the home's condition, and the desirability of its large lot.

4. The last sale was in 2016 for $33.5k. What does that mean?
That previous sale price is not reflective of current value. It was likely a significantly different market or may have been a non-arms-length transaction (e.g., between family members). Rely on a current professional appraisal and comparative market analysis for an accurate value.

5. Who would this property not suit?
Buyers seeking a modern, low-maintenance home with no renovation plans may find the average-sized, older house less appealing. It’s best for those who see the value in the land and location and are prepared to live in or gradually update a character home.

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