225 Lindsay Street

North River Heights, Winnipeg

Property score

67.2

Good

Overall 67.2 · Smaller but newer than most nearby homes

1,144 sqft (bottom 25%) · Built in 1950 (13 yrs newer than avg)

Located in a high-income area with median household income of ~101k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, 4 parks, 1 fuel station, and 1 place of worship nearby

Living Area

Below average

26% smaller than neighborhood avg.

Year Built

Above average

13 yrs newer than neighborhood avg.

Mother tongue

English · 85%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

67.2 is composed by the two sections below.

Property Score

54.9Fair
Living Area1,144 sqft60Fair
Year Built195030Low
Lot Size5,595 sqft74Good
Neighbourhood Sales Activity37Low

Community Score

85.6Excellent
Household Income85Excellent
Education Level100Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health60Fair

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: #46110378

Community deep dive

$101K

Median household income

$122K

Average household income

7%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

32%

Single-person households

22%

Families with children

Population, labour & age

Population (2021)541
Labour force participation rate68%
Median age44.0
Avg household size2.1
Unemployment rate16%
Population density2459 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households32%
Couple families with children22%
Median household income (2020)$101K

Housing

Renter households19%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority9%
Bachelor's or higher (25–64)63%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,144 sqft
0255075100
Same streetTop 44%Same areaBottom 25%CitywideBottom 44%
Same street · Lindsay Street
#127 / 286
Top 44% · Avg 1,175 sqft
Same area · North River Heights
#1,629 / 2,168
Bottom 25% · Avg 1,540 sqft
Citywide · Winnipeg
#108,256 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
456k
0255075100
Same streetTop 24%Same areaTop 46%CitywideTop 27%
Same street · Lindsay Street
#68 / 286
Top 24% · Avg 423.8k
Same area · North River Heights
#989 / 2,168
Top 46% · Avg 479.3k
Citywide · Winnipeg
#53,173 / 194,458
Top 27% · Avg 390.1k

Year Built

above average
1950
0255075100
Same streetBottom 33%Same areaTop 8%CitywideBottom 28%

Lot Size

above average
5,595 sqft
0255075100
Same streetBottom 38%Same areaTop 23%CitywideTop 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

225 Lindsay Street — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 463 m), 4 parks (nearest 300 m).

Search radius
🏫Education1
🌳Parks4
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 8/2022CA$450k–500k
Sold price

Same street

Top 22%

Same area

Top 38%

City-wide

Top 23%

Related homes

Highlights & common questions: 225 Lindsay Street, Winnipeg

Property Overview: 225 Lindsay Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This 1,144 sqft bungalow, built in 1950 on a 5,595 sqft lot, presents a solid, mid-century home in the established North River Heights neighbourhood. Its core appeal lies in its balanced positioning. The assessed value of $456k sits above average for both its immediate street and the wider city, suggesting a perception of good value or desirability relative to many counterparts, while being typical for the North River Heights area itself. The lot size is notably above average for the neighbourhood, offering more outdoor space than many nearby properties—a valuable asset for gardening, play, or expansion.

The home’s living area is moderately sized, below the neighbourhood average but typical for the street, positioning it as a manageable property rather than a sprawling one. It last sold in August 2022 within the $450k-$500k range. This profile suits practical buyers looking for a character home in a prime area without the footprint or maintenance of a larger estate. It’s particularly well-matched for first-time buyers moving into a desirable neighbourhood, downsizers seeking a substantial lot without an oversized house, or investors attracted by a stable, above-average assessed value in a consistent community.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($456k) is for municipal tax purposes and is a useful benchmark. The home last sold for between $450k and $500k in 2022, and its value ranks above average on its street and city-wide. However, market conditions, property condition, and updates since the last assessment will ultimately determine the sale price.

2. How does the lot size compare to others in the area?
At 5,595 sqft, the lot is a standout feature for North River Heights, ranking in the top 23% locally. This means it offers more yard space than over 75% of comparable properties in the neighbourhood.

3. The living area seems smaller than the neighbourhood average. What should I consider?
At 1,144 sqft, the home’s living space is below the North River Heights average (~1,540 sqft) but is typical for Lindsay Street itself. This indicates a more compact, efficient layout. Buyers should weigh the desirable lot size against the home’s footprint and consider the potential for renovations or additions, subject to local regulations.

4. What does the "Top 8%" ranking for Year Built in the neighbourhood mean?
This statistic means this home (built 1950) is newer than 92% of comparable properties in North River Heights, where the average benchmark year is 1937. In an area with many heritage-era homes, this suggests a potentially newer build with post-war construction standards, though a professional inspection is always recommended.

5. Where can I find verified historical sale prices for this property?
The site provides sold price ranges based on public data. For fully verified transaction history and exact sale figures, you must request a manual lookup via email, as this information is not sourced from the MLS system.

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