227 Cordova Street

North River Heights, Winnipeg

Property score

75.1

Good

Overall 75.1 · Compared with neighbourhood average

1,572 sqft (top 41%) · Built in 1929 (8 yrs older than avg)

Located in a high-income area with median household income of ~133k

Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Near average

8 yrs older than neighborhood avg.

Mother tongue

English · 88%French · 1%

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

75.1 is composed by the two sections below.

Property Score

63.3Fair
Living Area1,572 sqft79Good
Year Built192920Low
Lot Size5,161 sqft67Good
Neighbourhood Sales Activity37Low

Community Score

92.9Excellent
Household Income92Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46111049

Community deep dive

$133K

Median household income

$134K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

20%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)597
Labour force participation rate68%
Median age43.2
Avg household size2.4
Unemployment rate4%
Population density2985 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households20%
Couple families with children30%
Median household income (2020)$133K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority5%
Bachelor's or higher (25–64)60%
Mother tongue (1st)English · 88%
Mother tongue (2nd)French · 0%

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

Rankings

Living Area

above average
1,572 sqft
0255075100
Same streetTop 40%Same areaTop 41%CitywideTop 27%
Same street · Cordova Street
#107 / 268
Top 40% · Avg 1,517 sqft
Same area · North River Heights
#889 / 2,168
Top 41% · Avg 1,540 sqft
Citywide · Winnipeg
#51,950 / 194,458
Top 27% · Avg 1,342 sqft

Tax-Assessed Value

around average
413k
0255075100
Same streetBottom 30%Same areaBottom 33%CitywideTop 35%
Same street · Cordova Street
#187 / 268
Bottom 30% · Avg 492.7k
Same area · North River Heights
#1,447 / 2,168
Bottom 33% · Avg 479.3k
Citywide · Winnipeg
#68,621 / 194,458
Top 35% · Avg 390.1k

Year Built

around average
1929
0255075100
Same streetBottom 30%Same areaBottom 43%CitywideBottom 17%

Lot Size

around average
5,161 sqft
0255075100
Same streetBottom 49%Same areaTop 34%CitywideBottom 49%

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

227 Cordova Street — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 213 m), 1 parks (nearest 404 m).

Search radius
🏫Education1
🌳Parks1

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 3/2024CA$350k–400k
Sold price

Same street

Bottom 27%

Same area

Bottom 31%

City-wide

Top 42%

Related homes

Highlights & common questions: 227 Cordova Street, Winnipeg

Property Overview

227 Cordova Street is a 1,572 sqft home built in 1929, situated on a 5,161 sqft lot in Winnipeg's North River Heights neighbourhood. With an assessed value of $413,000, it presents as a solid, character home in a well-established area. Its appeal lies in its above-average interior space for the city and a lot size that is generous for the immediate neighbourhood, offering room to grow. This property would suit a buyer looking for a home with classic foundations, who values space over newness and is comfortable with the maintenance considerations of a near-century-old house. It's a practical choice for those seeking a balance between inner-city convenience and quieter, tree-lined streets.

Key Characteristics & Buyer Profile

Key Characteristics:
This home offers more living space than the typical Winnipeg house, ranking in the top 27% citywide. Its lot size is also above average for its street and neighbourhood, providing good outdoor space. The 1929 build date means it's older than most city homes, placing it in the top 83% (meaning only 17% of homes are older). The assessed value sits comfortably in the middle range for the area, suggesting it is priced accessibly within a desirable neighbourhood. Recent sales data indicates it sold between $350,000 and $400,000 in March 2024.

Where Its Appeal Lies & Suitable Buyers:
The primary appeal is space and location. You get a larger-than-average home on a good-sized lot in North River Heights, a perennial favourite neighbourhood. The value proposition is clear: it offers more square footage for your dollar compared to many city-wide options. This property would best suit a practical buyer or family who appreciates character and is not afraid of a home with history. It's ideal for someone who sees potential in solid bones and values a large lot for gardening, play, or future expansion over a move-in-ready, modern build. It’s a home for settlers, not flippers.


Frequently Asked Questions

1. Is this a good value for the neighbourhood?
The data suggests it is. Its assessed value is below the average for both Cordova Street and North River Heights overall, while offering above-average living space for the area. The recent sold price range also positions it as a competitively priced entry into the neighbourhood.

2. What are the implications of the 1929 build date?
While full of character, a home of this age will likely have older mechanical systems (like plumbing and wiring), windows, and insulation. A thorough inspection is essential. The positive perspective is that it was built in an era of solid craftsmanship, often with better-quality materials than some newer builds.

3. How does the lot size compare?
At over 5,000 sqft, the lot is larger than most on its street and in North River Heights. This is a significant asset, offering more privacy, yard space, and potential for additions or landscaping than many neighbouring properties.

4. The city-wide living area rank is high (top 27%). What does that mean practically?
It means that compared to all homes in Winnipeg, this house is quite spacious. You are getting more interior room than roughly 73% of properties in the city, which is a notable advantage for growing families or those who work from home.

5. Where can I get the exact sold price history?
The site does not display exact sold prices due to industry data rules. You can request the full transaction history and exact figures by emailing the provided contact. They will perform a manual lookup and send the information directly to you.

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