Property score
83.8
Excellent
Overall 83.8 · Larger but older than most nearby homes
2,584 sqft (top 5%) · Built in 1921 (16 yrs older than avg)
Located in a high-income area with median household income of ~162k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, and 1 place of worship nearby
Living Area
Above average
68% larger than neighborhood avg.
Year Built
Below average
16 yrs older than neighborhood avg.
Mother tongue
English · 89%French · 2%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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83.8 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: #46110664
$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
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
221 Montrose Street — 4 amenities found within 500 m, across 3 categories, including 2 dining (nearest 459 m), 1 education (nearest 346 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%
221 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 221 Montrose Street, North River Heights
Key Characteristics & Appeal
This home presents a compelling blend of generous space and established character. Its primary strength is its above-average living area of 2,584 sq ft, which places it in the top 5% of homes in the desirable North River Heights area and the top 2% city-wide. This significant interior space is complemented by a larger-than-average lot of 6,001 sq ft for the neighbourhood, offering ample outdoor potential. Built in 1921, the property is one of the older homes on the street, suggesting classic architectural charm that may appeal to those who appreciate character, though it also implies a consideration for maintenance and updates. The assessed value is positioned above average for the wider city and neighbourhood, yet is around the median for Montrose Street itself, indicating you are acquiring a competitively priced property on a street of substantial homes.
The appeal lies in securing a truly spacious home on a generous lot within a prime neighbourhood. It suits buyers looking for room to grow, who value established communities and larger properties over new construction. It’s an ideal fit for those not intimidated by the stewardship of a century-old home and who see potential in its classic foundations and significant lot size. A thoughtful perspective is that this property offers more interior and exterior space than most in Winnipeg, but its value is anchored in its location and land, with the home itself representing a project for restoration or thoughtful modernization.
Frequently Asked Questions
1. How does the age of the home affect its value and appeal?
While its 1921 construction date places it below average in age rankings, this is typical for the character-rich North River Heights area. The age is a key contributor to its charm and likely solid construction, but buyers should budget for potential updates to mechanical systems, windows, or insulation that are common with homes of this era.
2. The living area is in the top percentiles, but the assessed value is more moderate. Why?
This suggests you are paying a premium for the excellent location and neighbourhood, but the assessed value reflects the home’s older age and possibly its current condition. The data indicates you are acquiring significant space and land at a value point that is competitive, especially when viewed city-wide, with the understanding that the house itself may require investment.
3. What does the lot size mean for potential use?
At over 6,000 sq ft, the lot is well above average for North River Heights. This allows for substantial backyard space, gardening, recreational areas, or potential for additions like a garage, workshop, or deck, subject to local zoning regulations.
4. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes and is a historical snapshot. It is a useful benchmark for comparison, as shown in the data, but market conditions, property condition, and recent renovations will ultimately determine the sale price. The fact that it's near the street average suggests it is priced in line with its immediate peers.
5. How can I get verified sales history for this property?
As noted, due to industry regulations, exact sold price history is not published on this site. You can request the full transaction history and exact figures by using the "Request exact figures by email" option provided. The service is manual but typically completed by the end of the same business day.
