230 Waterloo Street

North River Heights, Winnipeg

Property score

70.7

Good

Overall 70.7 · Older than most nearby homes

1,424 sqft (bottom 47%) · Built in 1922 (15 yrs older than avg)

Located in a high-income area with median household income of ~121k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 2 schools, 1 fuel station, and 1 place of worship nearby

Living Area

Near average

8% smaller than neighborhood avg.

Year Built

Below average

15 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

70.7 is composed by the two sections below.

Property Score

59.8Fair
Living Area1,424 sqft75Good
Year Built192220Low
Lot Size4,821 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

87.1Excellent
Household Income91Excellent
Education Level100Excellent
Housing Stress63Fair
Core Housing Need63Fair
Employment Health90Excellent

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: #46110381

Community deep dive

$121K

Median household income

$160K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

5.0

P90 / P10 ratio

30%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)400
Labour force participation rate79%
Median age46.0
Avg household size2.2
Unemployment rate7%
Population density3333 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households30%
Couple families with children30%
Median household income (2020)$121K

Housing

Renter households28%
Condominium dwellings0%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority3%
Bachelor's or higher (25–64)60%
Mother tongue (1st)English · 87%
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
1,424 sqft
0255075100
Same streetBottom 49%Same areaBottom 47%CitywideTop 34%
Same street · Waterloo Street
#165 / 322
Bottom 49% · Avg 1,633 sqft
Same area · North River Heights
#1,140 / 2,168
Bottom 47% · Avg 1,540 sqft
Citywide · Winnipeg
#66,941 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
477k
0255075100
Same streetTop 45%Same areaTop 36%CitywideTop 24%
Same street · Waterloo Street
#145 / 322
Top 45% · Avg 552.1k
Same area · North River Heights
#788 / 2,168
Top 36% · Avg 479.3k
Citywide · Winnipeg
#45,953 / 194,458
Top 24% · Avg 390.1k

Year Built

below average
1922
0255075100
Same streetBottom 4%Same areaBottom 14%CitywideBottom 14%

Lot Size

around average
4,821 sqft
0255075100
Same streetBottom 23%Same areaTop 48%CitywideBottom 40%

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

230 Waterloo Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 203 m), 2 education (nearest 292 m).

Search radius
🍽️Dining3
🏫Education2
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 8/2016CA$300k–350k
Sold price

Same street

Bottom 11%

Same area

Bottom 22%

City-wide

Top 49%

Related homes

Highlights & common questions: 230 Waterloo Street, Winnipeg

Property Overview: 230 Waterloo Street, Winnipeg

Key Characteristics & Appeal

This home at 230 Waterloo Street in North River Heights is a classic, century-old property (built 1922) that presents a balanced opportunity. With 1,424 sqft of living space and a 4,821 sqft lot, its size is comfortably average for both the neighbourhood and the wider city. Its assessed value of $477k sits around the average for North River Heights but is notably above the Winnipeg citywide average, suggesting a premium for its established location.

The primary appeal lies in its position within a desirable, mature neighbourhood. The home is older than most on its street and in the area, which could attract buyers charmed by character and potential, or signal a need for updates. It suits a practical buyer who values location over sheer size—someone looking for a solid entry into a sought-after community without a sprawling footprint. It’s a property where the land and location in North River Heights contribute significantly to its value, making it a sensible choice for those prioritizing long-term neighbourhood equity over modern square footage or a brand-new build.

Frequently Asked Questions

1. How does this home’s value compare to others in Winnipeg?
The home’s assessed value is above the citywide average, ranking in the top 24% compared to all Winnipeg properties. This indicates you are paying a premium for its specific location in North River Heights.

2. Is the house unusually old for the area?
Yes. Built in 1922, it is older than 96% of homes on Waterloo Street and 86% of homes in North River Heights. Buyers should be prepared for the potential maintenance or updating that can come with a century-old home.

3. What was the previous sale price?
Public records indicate it sold between $300k and $350k in August 2016. For verified, exact historical sale figures, you can request a manual lookup via email on this site.

4. Is the lot size a constraint?
The lot is smaller than average for Waterloo Street but is typical for North River Heights as a whole. It provides standard yard space for the neighbourhood without being overly expansive.

5. How accurate is this data?
The metrics come from public assessment and sale records. While reasonably reliable, sold price data is not from the MLS and is presented in ranges. For precise transaction history, the manual email lookup service is recommended.

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