234 Oak Street

North River Heights, Winnipeg

Property score

76.5

Good

Overall 76.5 · Older than most nearby homes

1,620 sqft (top 38%) · Built in 1926 (11 yrs older than avg)

Located in a high-income area with median household income of ~162k

Transit 80.0 · 3-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

5% larger than neighborhood avg.

Year Built

Below average

11 yrs older than neighborhood avg.

Mother tongue

English · 89%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

76.5 is composed by the two sections below.

Property Score

64.6Fair
Living Area1,620 sqft83Excellent
Year Built192620Low
Lot Size4,824 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

94.4Excellent
Household Income95Excellent
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: #46110664

Community deep dive

$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

Population, labour & age

Population (2021)460
Labour force participation rate76%
Median age43.2
Avg household size2.8
Unemployment rate14%
Population density3833 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households18%
Couple families with children39%
Median household income (2020)$162K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$528K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority8%
Bachelor's or higher (25–64)64%
Mother tongue (1st)English · 89%
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

above average
1,620 sqft
0255075100
Same streetBottom 49%Same areaTop 38%CitywideTop 24%
Same street · Oak Street
#131 / 255
Bottom 49% · Avg 1,734 sqft
Same area · North River Heights
#818 / 2,168
Top 38% · Avg 1,540 sqft
Citywide · Winnipeg
#47,279 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
459k
0255075100
Same streetBottom 43%Same areaTop 44%CitywideTop 27%
Same street · Oak Street
#146 / 255
Bottom 43% · Avg 548.4k
Same area · North River Heights
#959 / 2,168
Top 44% · Avg 479.3k
Citywide · Winnipeg
#52,140 / 194,458
Top 27% · Avg 390.1k

Year Built

below average
1926
0255075100
Same streetBottom 22%Same areaBottom 27%CitywideBottom 15%

Lot Size

around average
4,824 sqft
0255075100
Same streetBottom 46%Same areaTop 37%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

234 Oak Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 360 m), 2 education (nearest 249 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 6/2019CA$400k–450k
Sold price

Same street

Bottom 45%

Same area

Top 42%

City-wide

Top 25%

Related homes

Highlights & common questions: 234 Oak Street, Winnipeg

Property Overview: 234 Oak Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This 1,620 sqft home, built in 1926, presents a classic North River Heights character property on a 4,824 sqft lot. Its primary appeal lies in its solid city-wide value and established neighbourhood setting. Compared to the entire city, the home offers above-average living space and a higher-than-average assessed value, suggesting a well-sized home in a desirable area. Within its immediate neighbourhood and street, however, it sits around average for both size and value, indicating it is a typical, well-priced offering for North River Heights rather than a standout.

The home’s century-old age is a defining characteristic, making it notably older than most homes on its street, in the area, and across Winnipeg. This will suit buyers who appreciate the charm and potential of a historic home but are prepared for the maintenance and updating that often accompanies it. The lot size is comfortably average for the neighbourhood, offering decent outdoor space without being oversized.

This property would best suit a practical buyer looking for an established, in-demand neighbourhood. It’s ideal for someone who values location and character over new construction, and who sees the assessment—which is above the city median but below the local street average—as a reasonable entry point into a prime area.


Frequently Asked Questions

1. How does this home’s value compare to others in the area?
The home’s assessed value of $459k is around the average for North River Heights but is below the average for Oak Street specifically. This suggests it may offer relative value within a sought-after pocket of the neighbourhood.

2. The home is 100 years old. What should I consider?
While full of character, a home from 1926 will likely require careful attention to foundational, electrical, and plumbing systems. A thorough inspection is essential. Its age is greater than roughly 85% of homes in Winnipeg, so consider your appetite for maintenance or renovation.

3. Is the lot size typical for the area?
Yes. At just under 5,000 sqft, the lot is very close to the average for both North River Heights and Oak Street itself, offering a standard yard size for this mature neighbourhood.

4. The data shows it sold in 2019. Can I find out the exact sale price?
The provided data shows a sold price range of CA$400k–450k for June 2019. Due to data display rules, exact sold prices are not published on the site. You can request the exact figure via email from the site provider, who will manually look it up for you.

5. How does the living space compare to a modern home?
At 1,620 sqft, the home is above the city-wide average for living space. However, it is slightly smaller than the average home on Oak Street. The layout and room proportions of a 1926 build may differ from a modern open-concept design, so consider how the space is configured.

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