227 Oxford Street

North River Heights, Winnipeg

Property score

84.1

Excellent

Overall 84.1 · Larger but older than most nearby homes

2,820 sqft (top 3%) · Built in 1914 (23 yrs older than avg)

Located in a high-income area with median household income of ~202k

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

Living Area

Above average

83% larger than neighborhood avg.

Year Built

Below average

23 yrs older than neighborhood avg.

Mother tongue

English · 91%French · 3%

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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

84.1 is composed by the two sections below.

Property Score

77.0Good
Living Area98
2,820 sqftExcellent
Year Built16
1914Low
Lot Size88
7,207 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

94.7Excellent
Household Income99
Excellent
Education Level100
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health52
Fair

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: #46110663

Community deep dive

$202K

Median household income

$260K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.3

P90 / P10 ratio

20%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)392
Labour force participation rate61%
Median age48.8
Avg household size2.7
Unemployment rate14%
Population density2450 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households20%
Couple families with children41%
Median household income (2020)$202K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$650K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority0%
Bachelor's or higher (25–64)74%
Mother tongue (1st)English · 91%
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
2,820 sqft
0255075100
Same streetTop 12%Same areaTop 3%CitywideTop 1%
Same street · Oxford Street
#35 / 297
Top 12% · Avg 1,641 sqft
Same area · North River Heights
#62 / 2,168
Top 3% · Avg 1,540 sqft
Citywide · Winnipeg
#2,811 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
652k
0255075100
Same streetTop 13%Same areaTop 8%CitywideTop 5%
Same street · Oxford Street
#38 / 297
Top 13% · Avg 480.4k
Same area · North River Heights
#184 / 2,168
Top 8% · Avg 479.3k
Citywide · Winnipeg
#10,264 / 194,458
Top 5% · Avg 390.1k

Year Built

below average
1914
0255075100
Same streetBottom 11%Same areaBottom 6%CitywideBottom 11%

Lot Size

above average
7,207 sqft
0255075100
Same streetTop 17%Same areaTop 7%CitywideTop 15%

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 Oxford Street — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 484 m).

Search radius
🏫Education1
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 9/2020CA$600k–650k
Sold price

Same street

Top 15%

Same area

Top 11%

City-wide

Top 5%

Related homes

Highlights & common questions: 227 Oxford Street, Winnipeg

Property Overview: 227 Oxford Street, Winnipeg

Key Characteristics & Appeal

This home at 227 Oxford Street in North River Heights is defined by its generous scale and established presence. Its primary appeal lies in offering substantially more space—both indoors and outdoors—than most homes in Winnipeg. With 2,820 sqft of living area, it ranks in the top 3% of the neighbourhood and top 1% city-wide. The 7,207 sqft lot is also significantly larger than average, providing ample yard space in a mature area.

Built in 1914, this is a classic, century-old character home. While its age places it among the older properties on the street, this often translates to architectural details and solid construction that newer homes may lack. The assessed value of $652k reflects its size and desirable location, ranking it within the top 5% of all Winnipeg homes by value.

This property would best suit a buyer looking for a spacious, established home who values room to grow over modern construction. It’s ideal for someone who appreciates character and a large private lot, and who is prepared for the maintenance or updates that can come with an older home. It represents a solid, above-average asset in terms of square footage and land, offering a rarity in today’s market: ample space close to the city’s core.


Frequently Asked Questions

1. How does the age of the home affect its value and appeal?
While older than most comparable homes, the 1914 build date is a key part of its character. It suggests potential for classic architectural features but also means prospective buyers should budget for potential updates to mechanical systems or windows, which is typical for homes of this era.

2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $652k is for municipal tax purposes and provides a benchmark. The last known sale was between $600k-$650k in late 2020. The current market value will depend on condition, updates, and market trends, but its size and lot position it firmly in the above-average price segment.

3. What does the "top 1%" ranking for living area actually mean?
This statistic means that 99% of homes across the entire city of Winnipeg are smaller than this one. It highlights the property’s standout feature: abundant interior space that is increasingly uncommon.

4. The lot size is large for the area. What are the advantages?
A 7,207 sqft lot in North River Heights offers exceptional outdoor space for gardens, recreation, or expansion. It provides more privacy and flexibility than the standard lot in the neighbourhood, which averages about 5,054 sqft.

5. How can I verify the exact historical sale prices?
The site provides sold price ranges for context. Due to industry regulations, exact MLS sale figures are not published here. You can request the full, verified transaction history directly via the email lookup service provided on the property page.