166 Montrose Street

North River Heights, Winnipeg

Property score

71.6

Good

Overall 71.6 · Newer than most nearby homes

1,269 sqft (bottom 33%) · Built in 1948 (11 yrs newer than avg)

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

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 park, and 1 place of worship nearby

Living Area

Below average

18% smaller than neighborhood avg.

Year Built

Above average

11 yrs newer 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

71.6 is composed by the two sections below.

Property Score

56.4Fair
Living Area1,269 sqft66Good
Year Built194830Low
Lot Size4,884 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

94.4Excellent
Household Income95Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

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
1,269 sqft
0255075100
Same streetBottom 17%Same areaBottom 33%CitywideTop 44%
Same street · Montrose Street
#237 / 287
Bottom 17% · Avg 1,766 sqft
Same area · North River Heights
#1,444 / 2,168
Bottom 33% · Avg 1,540 sqft
Citywide · Winnipeg
#85,363 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
438k
0255075100
Same streetBottom 28%Same areaBottom 45%CitywideTop 30%
Same street · Montrose Street
#207 / 287
Bottom 28% · Avg 522.7k
Same area · North River Heights
#1,185 / 2,168
Bottom 45% · Avg 479.3k
Citywide · Winnipeg
#59,291 / 194,458
Top 30% · Avg 390.1k

Year Built

above average
1948
0255075100
Same streetTop 43%Same areaTop 12%CitywideBottom 26%

Lot Size

around average
4,884 sqft
0255075100
Same streetBottom 14%Same areaTop 36%CitywideBottom 41%

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

166 Montrose Street — 4 amenities found within 500 m, across 3 categories, including 2 dining (nearest 465 m), 1 parks (nearest 435 m).

Search radius
🍽️Dining2
🌳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

Sold 10/2017CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 3%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 166 Montrose Street, Winnipeg

Property Overview: 166 Montrose Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home at 166 Montrose Street is a classic North River Heights property built in 1948, presenting a practical opportunity in a well-regarded neighbourhood. With 1,269 sqft of living space, it is notably cozier than many homes on Montrose Street itself but sits close to the average size for Winnipeg as a whole. Its assessed value of $438,000 tells a compelling story: while it is valued below the average for its immediate street, it sits squarely in the middle for the North River Heights area and is actually above the average assessed value citywide. This suggests you are paying for the desirable location more than for a large footprint.

The appeal lies in securing a lot in a mature, established neighbourhood without the premium price tag of the area's larger, more updated homes. The lot size of 4,884 sqft is very typical for the area, offering standard backyard potential. This property would suit a first-time buyer or downsizer looking for entry into North River Heights, or an investor seeking a character home that may benefit from modernization. Its value proposition is location-centric, ideal for someone who prioritizes neighbourhood over square footage and sees potential in a solid, post-war home.

Frequently Asked Questions

1. How does the home’s size compare to others in the area?
At 1,269 sqft, the living area is below the average for Montrose Street but is around the middle range for the broader North River Heights neighbourhood. It offers a more compact footprint compared to many neighbouring homes.

2. Is the assessed value of $438,000 typical for this location?
It’s a mix. The assessment is below the street average but is very typical for North River Heights as a whole. Notably, it is above the average assessed value for the entire city, highlighting the neighbourhood's overall desirability.

3. What can the past sale price tell me?
The home sold in October 2017 for between $250,000 and $300,000. This historical data indicates significant appreciation in assessed value over the last several years, reflecting broader market trends.

4. How does the lot size compare?
The 4,884 sqft lot is slightly below the average for Montrose Street but is very standard for North River Heights. It is a typical urban lot for the area.

5. The home was built in 1948. What should I consider?
Built in the post-war era, the home is newer than many in central North River Heights. Buyers should budget for potential updates common to homes of this age, such as windows, roofing, and mechanical systems, while also appreciating the character and solid construction of the period.

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