240 Cordova Street

North River Heights, Winnipeg

79.0

Good

Overall 79.0

Larger than most nearby homes

1,826 sqft (top 25%)

Built in 1931 (6 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: 2 schools, and 1 park nearby

Living Area

Above average

19% larger than neighborhood avg.

Year Built

Near average

6 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

79.0 is composed by the two sections below.

Property Score

69.7Good
Living Area1,826 sqft89Excellent
Year Built193122Low
Lot Size5,237 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
1,826 sqft
0255075100
Same streetTop 20%Same areaTop 25%CitywideTop 16%
Same street · Cordova Street
#54 / 268
Top 20% · Avg 1,517 sqft
Same area · North River Heights
#538 / 2,168
Top 25% · Avg 1,540 sqft
Citywide · Winnipeg
#31,504 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
471k
0255075100
Same streetTop 43%Same areaTop 39%CitywideTop 25%
Same street · Cordova Street
#116 / 268
Top 43% · Avg 492.7k
Same area · North River Heights
#848 / 2,168
Top 39% · Avg 479.3k
Citywide · Winnipeg
#48,032 / 194,458
Top 25% · Avg 390.1k

Year Built

around average
1931
0255075100
Same streetBottom 39%Same areaTop 47%CitywideBottom 18%

Lot Size

above average
5,237 sqft
0255075100
Same streetTop 21%Same areaTop 27%CitywideTop 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

240 Cordova Street — 3 amenities found within 500 m, across 2 categories, including 2 education (nearest 219 m), 1 parks (nearest 352 m).

Search radius
🏫Education2
🌳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 1/2017CA$400k–450k
Sold price

Same street

Bottom 45%

Same area

Top 48%

City-wide

Top 27%

Related homes

Highlights & common questions: 240 Cordova Street, Winnipeg

Property Overview & Key Characteristics

This home at 240 Cordova Street in North River Heights presents a compelling blend of space, established character, and a solid neighbourhood footing. Built in 1931, its primary appeal lies in its generous proportions. With 1,826 sqft of living space, it sits comfortably in the top 20-25% for size both on its street and in the wider neighbourhood, offering more room than many comparable homes. The lot size of over 5,200 sqft is also notably above average for the area, providing valuable outdoor space.

Its assessed value of $471,000 positions it as around the middle of the pack for North River Heights, but places it well above the city-wide average, underscoring the enduring value of the location. A less obvious perspective is that while the home is older than most in Winnipeg overall, its age is typical for the desirable, established character of North River Heights. This suggests a neighbourhood where heritage and mature landscapes are part of the charm. The property last sold in early 2017, indicating a stable ownership period.

This home would best suit buyers looking for a character home with ample indoor and outdoor space in a prime, central neighbourhood. It’s ideal for those who value established communities over brand-new construction and are comfortable with the nuances of a older home. It represents a strong opportunity for someone seeking a property that is sizeable and well-located, with the potential to tailor it to modern tastes over time.

Frequently Asked Questions

1. How does the size of this home compare to others nearby?
The living area is 1,826 sqft, which is significantly above the average for similar homes on Cordova Street, in North River Heights, and across Winnipeg. It ranks in the top 20-25% locally for space.

2. Is the assessed value high for the area?
The $471,000 assessment is around the average for North River Heights. However, it ranks in the top 25% city-wide, indicating you are paying for a premium location compared to the broader Winnipeg market.

3. What should I consider about the 1931 build date?
The home is older than the typical Winnipeg house, but its age is very standard for the North River Heights neighbourhood. Buyers should anticipate the potential for updates while appreciating the classic character and mature setting that era of home provides.

4. How does the lot size compare?
At 5,237 sqft, the lot is above average for both the street and the North River Heights area, offering more private outdoor space than many neighbouring properties.

5. Can I get the exact historical sale price?
The listed sale data shows a range from early 2017. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as they do not display MLS sold records directly.

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