165 Montrose Street

North River Heights, Winnipeg

Property score

71.1

Good

Overall 71.1 · Older than most nearby homes

1,399 sqft (bottom 45%) · Built in 1920 (17 yrs older than avg)

Located in a high-income area with median household income of ~162k

Transit 76.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 dining spots, 1 park, and 1 place of worship nearby

Living Area

Near average

9% smaller than neighborhood avg.

Year Built

Below average

17 yrs older than neighborhood avg.

Mother tongue

English · 89%French · 2%

Past 10 years North River Heights sales snapshot (~80% of all data)

Sold Count

770

Median price

480k

$/sqft

$319/sqft

Avg build year

1937

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Property score

71.1 is composed by the two sections below.

Property Score

55.6Fair
Living Area71
1,399 sqftGood
Year Built16
1920Low
Lot Size53
4,260 sqftFair
Neighbourhood Sales Activity37
Low

Community Score

94.4Excellent
Household Income95
Excellent
Education Level100
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

North River Heights

How to read: Share of sales in each ~$50k price band for “north 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: #46110664

Community deep dive

$162K

Median household income

$202K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

18%

Single-person households

39%

Families with children

Population, labour & age

Population (2021)460
Labour force participation rate76%
Median age43.2
Avg household size2.8
Unemployment rate14%
Population density3833 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households18%
Couple families with children39%
Median household income (2020)$162K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$528K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority8%
Bachelor's or higher (25–64)64%
Mother tongue (1st)English · 89%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,399 sqft
0255075100
Same streetBottom 28%Same areaBottom 45%CitywideTop 36%
Same street · Montrose Street
#207 / 287
Bottom 28% · Avg 1,766 sqft
Same area · North River Heights
#1,189 / 2,168
Bottom 45% · Avg 1,540 sqft
Citywide · Winnipeg
#69,447 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

below average
291k
0255075100
Same streetBottom 1%Same areaBottom 2%CitywideBottom 27%
Same street · Montrose Street
#287 / 287
Bottom 1% · Avg 522.7k
Same area · North River Heights
#2,126 / 2,168
Bottom 2% · Avg 479.3k
Citywide · Winnipeg
#142,319 / 194,458
Bottom 27% · Avg 390.1k

Year Built

below average
1920
0255075100
Same streetBottom 13%Same areaBottom 9%CitywideBottom 13%

Lot Size

around average
4,260 sqft
0255075100
Same streetBottom 5%Same areaBottom 10%CitywideBottom 30%

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

165 Montrose Street — 5 amenities found within 500 m, across 3 categories, including 3 dining (nearest 408 m), 1 parks (nearest 455 m).

Search radius
🍽️Dining3
🌳Parks1
Worship1

Crime & Safety

North River Heights · WPS public data · 2026

Annual incidents

7

2026

vs. city avg

-76%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

57%

Sales History

165 Montrose Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 165 Montrose Street, Winnipeg

Property Overview: 165 Montrose Street, North River Heights, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a 1,399 sqft character property built in 1920, situated on a 4,260 sqft lot in the established North River Heights neighbourhood. Its key appeal lies in its position as a more accessible entry point into a desirable area. The assessed value of $291k is notably below the averages for both the street and the wider neighbourhood, suggesting a potentially lower property tax burden and an opportunity for value-conscious buyers.

The home suits first-time buyers or practical investors seeking character in a mature community without the premium price tag of larger, renovated homes on the street. Its living space is compact compared to immediate neighbours but aligns more closely with the Winnipeg average, appealing to those who prioritize efficient layout over sheer size. A thoughtful perspective is that this property represents the "bones" of North River Heights—offering the location and lot while presenting a clear canvas for modernization or expansion over time, which could be a strategic long-term investment in a stable area.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than neighbouring homes?
The assessed value is based on the property's current state as determined by municipal evaluation. Its ranking at the bottom of the street and neighbourhood for value likely reflects its older age, smaller size, and potential need for updates compared to more recently renovated or larger homes on Montrose Street.

2. What does the "below average" ranking for Year Built mean?
Built in 1920, the home is older than most on its street and in North River Heights, where average build years are in the 1940s. This indicates a classic character home, which may have charming original features but also implies a greater need for attention to aging components like wiring, plumbing, or windows.

3. Is the lot size a disadvantage?
At 4,260 sqft, the lot is smaller than most on Montrose Street but is still a good-sized city lot. It offers ample outdoor space for gardening or recreation while requiring less maintenance than larger plots, which can be a benefit for many.

4. How can I find out the actual sale price history?
The site does not display MLS sold records. You can request the exact sales history and figures by emailing via the "Request exact figures by email" link provided. They will manually look up the information and send it to you.

5. What are the realistic considerations for a home of this age?
A 106-year-old home offers unique charm and solid construction but warrants a thorough inspection. Budgeting for potential updates to mechanical systems, insulation, and energy efficiency is prudent. However, this also allows you to customize renovations to your taste over time, potentially increasing the home's value.