Property score
74.1
Good
Overall 74.1 · Larger but older than most nearby homes
1,760 sqft (top 28%) · Built in 1921 (16 yrs older than avg)
Located in a high-income area with median household income of ~121k
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
Above average
14% larger than neighborhood avg.
Year Built
Below average
16 yrs older than neighborhood avg.
Mother tongue
English · 88%French · 1%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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
Free · No credit card required
74.1 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110381
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
240 Niagara Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 229 m), 2 education (nearest 187 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 22% | Top 27% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 240 Niagara Street, North River Heights
Key Characteristics & Appeal
This home at 240 Niagara Street presents a compelling mix of space, established value, and mature neighbourhood character. Its primary appeal lies in its generous 1,760 sqft of living area, which ranks well above average for the street, the broader North River Heights area, and the city as a whole. With an assessed value of $536,000, it sits comfortably in the top tier of homes locally, indicating a strong and recognized worth.
Built in 1921, this is one of the older homes on the block, which translates to classic charm and established, tree-lined streetscapes, but also suggests buyers should appreciate the character and potential maintenance considerations of a century-old structure. The lot size is fairly typical for the immediate street but is slightly more compact compared to other lots in North River Heights.
This property would ideally suit buyers looking for a spacious home in a desirable, central neighbourhood who value proven equity and are not deterred by the upkeep of an older, character home. It’s for those who prioritize interior space and investment stability over a brand-new build or a very large yard.
Frequently Asked Questions
1. How does the home’s age impact its value and appeal?
While its 1921 construction date makes it older than most in the area, this is reflected in its established, sought-after streetscape. The higher assessed value suggests that its age hasn’t diminished its market worth; instead, it contributes to the neighbourhood's mature charm. Buyers should factor in the potential for older-home maintenance.
2. Is the lot size a disadvantage?
The 4,387 sqft lot is average for Niagara Street itself. While it’s smaller than the North River Heights average, it is still a very usable urban lot. The trade-off is a larger-than-average interior living space on a standard-sized property.
3. What does the assessed value tell us about the property?
An assessment of $536,000 places this home in the top 20-25% of properties on its street and in the neighbourhood. This is a strong indicator of its perceived market value by the city assessor, well above the Winnipeg citywide average.
4. How does this property compare to others recently sold on the street?
Public records show a home on Niagara Street sold between $450,000-$500,000 in 2017. The current assessed value of $536,000 for 240 Niagara suggests it may be positioned at a higher price point, reflecting its larger size and value growth over time.
5. Where can I get verified historical sale data for this property?
The provided data is compiled from public sources. For fully verified transaction history and exact sale figures, which are not displayed here due to industry regulations, you must request a manual lookup from the site via email.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
