203 Cordova Street

North River Heights, Winnipeg

Property score

90.2

Excellent

Overall 90.2 · Larger and newer than most nearby homes

2,613 sqft (top 4%) · Built in 2021 (84 yrs newer than avg)

Located in a high-income area with median household income of ~124k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, 1 park, and 1 fuel station nearby

Living Area

Above average

70% larger than neighborhood avg.

Year Built

Above average

84 yrs newer than neighborhood avg.

Mother tongue

English · 88%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

90.2 is composed by the two sections below.

Property Score

89.6Excellent
Living Area98
2,613 sqftExcellent
Year Built100
2021Excellent
Lot Size60
4,796 sqftFair
Neighbourhood Sales Activity37
Low

Community Score

91.0Excellent
Household Income91
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health90
Excellent

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: #46110380

Community deep dive

$124K

Median household income

$158K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

21%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)467
Labour force participation rate70%
Median age42.8
Avg household size2.5
Unemployment rate0%
Population density3113 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households21%
Couple families with children32%
Median household income (2020)$124K

Housing

Renter households11%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority10%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 88%
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

Elite
2,613 sqft
0255075100
Same streetTop 3%Same areaTop 4%CitywideTop 2%
Same street · Cordova Street
#7 / 268
Top 3% · Avg 1,517 sqft
Same area · North River Heights
#95 / 2,168
Top 4% · Avg 1,540 sqft
Citywide · Winnipeg
#4,316 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
983k
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 1%
Same street · Cordova Street
#8 / 268
Top 3% · Avg 492.7k
Same area · North River Heights
#30 / 2,168
Top 1% · Avg 479.3k
Citywide · Winnipeg
#2,143 / 194,458
Top 1% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 2%

Lot Size

around average
4,796 sqft
0255075100
Same streetBottom 29%Same areaBottom 35%CitywideBottom 39%

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

203 Cordova Street — 6 amenities found within 500 m, across 5 categories, including 2 dining (nearest 497 m), 1 education (nearest 161 m), 1 parks (nearest 499 m).

Search radius
🍽️Dining2
🏫Education1
🌳Parks1
Fuel Stations1
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 12/2024CA$700k–750k
Sold price

Same street

Top 9%

Same area

Top 7%

City-wide

Top 3%
Sold 9/2021CA$0.95M–1M
Sold price

Same street

Top 4%

Same area

Top 1%

City-wide

Top 1%

Related homes

Highlights & common questions: 203 Cordova Street, Winnipeg

Property Overview: 203 Cordova Street, Winnipeg

Key Characteristics & Appeal

This is a modern, high-value home in North River Heights, built in 2021. Its primary appeal lies in its significant size and premium valuation within a well-established neighbourhood. At 2,613 sqft, the living space is exceptionally large, ranking in the top 3-4% compared to homes on its street and in the wider area. With an assessed value of $983,000, it sits firmly in the top 1-3% of properties across all comparison levels, indicating its premium market position.

The home suits buyers looking for a move-in ready, contemporary property without the need for renovations, offering modern efficiencies and design. It’s ideal for those who prioritize generous interior space over a large yard, as the lot size, while still substantial at 4,796 sqft, is more typical for the area. This property represents a turnkey opportunity in a mature neighbourhood, likely appealing to upsizing families or professionals seeking a high-quality, low-maintenance home with instant equity and status. A thoughtful perspective is that it offers a rare combination of new construction amenities within the fabric of a classic Winnipeg community, avoiding the trade-off of moving to a distant new subdivision.

Frequently Asked Questions

1. Why is the assessed value nearly double the average for the street?
The assessed value reflects the home's large size, new construction (2021), and premium finishes. It ranks in the top tier because it is a fundamentally different and more modern property compared to the older average home on the street.

2. How does the lot size impact the property?
At 4,796 sqft, the lot is slightly below the street average but is very typical for North River Heights. This suggests a well-proportioned yard that is manageable while still allowing the home to feature its substantial interior square footage.

3. What do the sold price histories indicate?
The data shows two past sales, including one near the current assessed value. This history can provide context for market trends and the property's perceived value over time, but exact sold prices require a direct request to the site for verified figures.

4. Is this a good option for someone wanting a large garden or extensive outdoor space?
Given that the lot is closer to the area average while the house itself is significantly larger than average, the balance leans toward interior living space. It may be better suited for those who value a standard-sized yard.

5. What does it mean that the home is "Elite" ranked for Year Built?
This simply confirms it is one of the newest homes in the area. On Cordova Street, it ranks 4th newest out of 268 homes, meaning you benefit from modern building codes, materials, and systems, with many years before major components like the roof or furnace require replacement.