235 Cambridge Street

North River Heights, Winnipeg

Property score

81.4

Excellent

Overall 81.4 · Larger and newer than most nearby homes

1,790 sqft (top 27%) · Built in 1950 (13 yrs newer than avg)

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

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 1 school nearby

Living Area

Above average

16% larger than neighborhood avg.

Year Built

Above average

13 yrs newer 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

81.4 is composed by the two sections below.

Property Score

72.6Good
Living Area86
1,790 sqftExcellent
Year Built30
1950Low
Lot Size88
7,213 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

above average
1,790 sqft
0255075100
Same streetTop 22%Same areaTop 27%CitywideTop 18%
Same street · Cambridge Street
#43 / 195
Top 22% · Avg 1,332 sqft
Same area · North River Heights
#582 / 2,168
Top 27% · Avg 1,540 sqft
Citywide · Winnipeg
#34,143 / 194,458
Top 18% · Avg 1,342 sqft

Tax-Assessed Value

around average
436k
0255075100
Same streetTop 32%Same areaBottom 44%CitywideTop 31%
Same street · Cambridge Street
#62 / 195
Top 32% · Avg 421.7k
Same area · North River Heights
#1,208 / 2,168
Bottom 44% · Avg 479.3k
Citywide · Winnipeg
#60,018 / 194,458
Top 31% · Avg 390.1k

Year Built

above average
1950
0255075100
Same streetTop 16%Same areaTop 8%CitywideBottom 28%

Lot Size

Elite
7,213 sqft
0255075100
Same streetTop 13%Same areaTop 4%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

235 Cambridge Street — 1 amenities found within 500 m, across 1 categories, including 1 education (nearest 498 m).

Search radius
🏫Education1

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 12/2023CA$450k–500k
Sold price

Same street

Top 18%

Same area

Top 32%

City-wide

Top 20%

Related homes

Highlights & common questions: 235 Cambridge Street, Winnipeg

Property Overview: 235 Cambridge Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home at 235 Cambridge Street presents a compelling blend of space, location, and value within the established North River Heights neighbourhood. Its primary appeal lies in its generous proportions relative to its peers. With 1,790 square feet of living area, the home is notably larger than many comparable houses on its street, in the area, and across Winnipeg. This is complemented by an exceptionally large lot of over 7,200 square feet, which ranks in the top 4% for lot size in North River Heights, offering significant outdoor potential.

Built in 1950, the property is newer than many homes in this character neighbourhood, which may suggest updated infrastructure or layouts compared to older stock. The assessed value of $436,000 sits around the average for the street and city, but below the average for North River Heights as a whole, indicating a potentially attractive entry point into this desirable area. The home last sold in late 2023 for an estimated $450,000-$500,000.

This property would best suit buyers who prioritize indoor and outdoor space over a fully modernized home. It’s ideal for those seeking a established, tree-lined neighbourhood where the land itself represents a substantial portion of the value. It appeals to families looking for room to grow, gardeners, or anyone with future renovation or expansion plans who wants a solid foundation in a prime location.


Frequently Asked Questions

1. How does the home’s value compare to the neighbourhood average?
The home’s assessed value is below the current average for North River Heights, while its lot size is in the neighbourhood’s top tier. This suggests you may be acquiring a premium-sized property at a value-oriented price point for the area.

2. What does the lot size actually mean for me?
At over 7,200 sq. ft., the lot is significantly larger than most in the city. This offers ample space for gardening, recreational areas, potential additions like a garage or studio, or simply more privacy and distance from neighbours.

3. The home sold recently in late 2023. Should I be concerned?
A recent sale isn’t inherently a concern. It does indicate the market’s fairly current assessment of its value. It’s important to understand why it was sold so the seller can disclose any relevant history.

4. Is a 1950s home likely to have major issues?
Homes from this era often have solid construction but may require updates to electrical, plumbing, or insulation to meet modern standards. A thorough inspection is crucial to identify any deferred maintenance or necessary upgrades.

5. How can I get the exact past sale price?
The precise sale price is not published publicly due to industry regulations. You can request the exact figures by emailing the site directly for a manual lookup, which they provide as a verified service.