171 Montrose Street

North River Heights, Winnipeg

Property score

78.9

Good

Overall 78.9 · Larger but older than most nearby homes

1,794 sqft (top 27%) · Built in 1926 (11 yrs older than avg)

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

Transit 68.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 dining spots, 1 park, and 1 place of worship nearby

Living Area

Above average

17% larger than neighborhood avg.

Year Built

Below average

11 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

78.9 is composed by the two sections below.

Property Score

68.5Good
Living Area86
1,794 sqftExcellent
Year Built20
1926Low
Lot Size74
5,999 sqftGood
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

above average
1,794 sqft
0255075100
Same streetTop 45%Same areaTop 27%CitywideTop 17%
Same street · Montrose Street
#128 / 287
Top 45% · Avg 1,766 sqft
Same area · North River Heights
#578 / 2,168
Top 27% · Avg 1,540 sqft
Citywide · Winnipeg
#33,811 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
540k
0255075100
Same streetTop 35%Same areaTop 21%CitywideTop 14%
Same street · Montrose Street
#100 / 287
Top 35% · Avg 522.7k
Same area · North River Heights
#458 / 2,168
Top 21% · Avg 479.3k
Citywide · Winnipeg
#27,109 / 194,458
Top 14% · Avg 390.1k

Year Built

below average
1926
0255075100
Same streetBottom 22%Same areaBottom 27%CitywideBottom 15%

Lot Size

above average
5,999 sqft
0255075100
Same streetTop 29%Same areaTop 15%CitywideTop 32%

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

171 Montrose Street — 5 amenities found within 500 m, across 3 categories, including 3 dining (nearest 408 m), 1 parks (nearest 477 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

Sold 8/2024CA$600k–650k
Sold price

Same street

Top 10%

Same area

Top 12%

City-wide

Top 6%

Related homes

Highlights & common questions: 171 Montrose Street, Winnipeg

Property Overview & Key Characteristics

This home at 171 Montrose Street in North River Heights is a well-established property that offers above-average space and value within its broader context. Built in 1926, its century-old character is balanced by practical advantages. The nearly 1,800 sqft of living area is notably larger than the average Winnipeg home, and the lot size of just under 6,000 sqft is generous for the neighbourhood, offering valuable outdoor space. With an assessed value of $540,000, it sits above average for both the North River Heights area and the city overall, indicating a solid valuation foundation. Its recent sale in August 2024 for an estimated $600k-$650k further confirms its market position.

The appeal lies in this balance of classic charm and tangible metrics. It suits buyers looking for a character home without sacrificing interior and yard space, and who value a location in a mature, central neighbourhood. It’s a practical choice for those who appreciate a home that already performs well in comparative rankings for size and value, rather than a newer construction or a fixer-upper project. A thoughtful perspective is that while the home is older than most on its street, this often translates to established landscaping, mature trees, and a settled streetscape—qualities not reflected in a "year built" metric.

Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,794 sqft, the living area is slightly above the average for Montrose Street itself and is significantly larger than the average home in both North River Heights and Winnipeg overall, placing it in the top 27% and 17% respectively for those areas.

2. Is the assessed value in line with the recent sale price?
The assessed value is $540,000. The home sold in August 2024 for an estimated $600,000 to $650,000, which is a typical market premium over the municipal assessment, indicating strong buyer demand.

3. What does the lot size offer?
The 5,999 sqft lot is larger than most in North River Heights (top 15% for the area), providing ample backyard potential. It’s slightly below the city-wide average lot size but offers a generous footprint for an established inner-city neighbourhood.

4. The home was built in 1926. What should I consider?
While the home has historic character, its age means prospective buyers should budget for potential updates to mechanical systems, windows, or insulation that are common with houses of this era. A thorough inspection is essential.

5. How can I verify the exact sold price?
The public listing shows a sold price range. To obtain the exact sale figure, you must request it directly from the website via email, as they manually look up and provide this data due to industry regulations preventing its direct publication.