59.8
Fair
Property score
59.8
Fair
Overall 59.8
Smaller than most nearby homes
928 sqft (bottom 11%)
Built in 1927 (10 yrs older than avg)
Located in a high-income area
with median household income of ~124k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 3 dining spots, 2 schools, 1 fuel station, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
40% smaller than neighborhood avg.
Year Built
Below average
10 yrs older than neighborhood avg.
Mother tongue
English · 88%French · 2%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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59.8 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110380
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
218 Queenston Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 268 m), 2 education (nearest 100 m).
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%
Local garbage, recycling, and yard waste pickup schedule for 218 Queenston Street.
Garbage
monday
Recycling
monday
Yard Waste
monday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 3% | Bottom 11% | Bottom 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
218 Queenston Street is a compact, character home built in 1927, situated on a standard-sized lot in Winnipeg's established North River Heights neighbourhood. Its key appeal lies in being an accessible entry point into a desirable area, offering a lower price point relative to its surroundings. The home last sold in late 2019 for between $300,000 and $350,000 and currently holds an assessed value of $350,000.
Key Characteristics & Ideal Buyer
This property is defined by its modest scale. With 928 square feet of living space, it is notably smaller than most homes on its street and in North River Heights, ranking in the bottom 10-15% for size in both categories. This translates to a correspondingly lower assessed value compared to neighbourhood averages, which are around $480,000. The lot size of 4,319 sq. ft. is fairly typical for the immediate street.
The primary appeal is location and value. It allows a buyer to secure a home in a well-regarded central neighbourhood without the typical price tag, ideal for those who prioritize area over square footage. It would suit a first-time homebuyer, a downsizer looking to maintain a community connection, or an investor seeking a character rental in a stable area. A thoughtful perspective is that its smaller size and vintage offer a chance for a simpler, lower-maintenance lifestyle or a manageable renovation project to add value, unlike larger, more expensive homes on the block.
1. Why is the assessed value so much lower than the neighbourhood average?
The assessed value is closely tied to the home's living area, which is significantly smaller than the North River Heights average. This results in a valuation that is below average for the area but closer to the city-wide benchmark.
2. What does the sold price data from 2019 tell us?
The previous sale in the $300k-$350k range, near the current assessment, suggests a stable value history in that bracket. It indicates the property has functioned as a more affordable option in the area for some time.
3. Is the smaller living area a major drawback?
It depends on your needs. For some, it's a compromise for location. For others, it means lower utility costs, less upkeep, and a cozier footprint. It's crucial to view the layout in person to see if the space is functional for you.
4. How does the age of the home (built 1927) factor in?
The age is typical for the central part of the neighbourhood. It suggests classic character but also means potential systems (like plumbing, electrical, or the roof) may need attention or updating. A thorough inspection is highly recommended.
5. Are the property taxes likely to be lower?
Generally, yes. Since property taxes are based on the assessed value, this home should carry a lower tax burden than larger, higher-valued homes in North River Heights, which is a tangible financial benefit of the smaller size.
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