Property score
72.2
Good
Overall 72.2 · Compared with neighbourhood average
1,568 sqft (top 41%) · Built in 1927 (10 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
2% larger than neighborhood avg.
Year Built
Below average
10 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
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72.2 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
245 Waterloo Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 264 m), 2 education (nearest 218 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 | Bottom 33% | Bottom 46% | Top 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 245 Waterloo Street, Winnipeg
Key Characteristics & Appeal
This home at 245 Waterloo Street in North River Heights presents a compelling blend of established character and above-average value. Built in 1927, it is an older home on its street but fits the typical age profile for the wider neighbourhood. With 1,568 sqft of living space, it offers a practical footprint that is comfortably above the Winnipeg average. The lot size of 4,821 sqft is standard for the area, providing adequate outdoor space without extensive maintenance demands.
The primary appeal lies in its strong value position. The assessed value of $532,000 ranks well above average compared to homes across Winnipeg, North River Heights, and even on Waterloo Street itself. This suggests a property that may offer more inherent value or desirable features for its price tier than many counterparts. Its last known sale was in early 2017, indicating a potentially long-term, stable ownership history.
This property would suit a buyer looking for a character home in a mature, established neighbourhood who prioritizes value and space. It’s ideal for someone comfortable with the realities of an older home (built 1927) but who appreciates a living area larger than what’s typical city-wide. It may also attract value-conscious buyers who see potential in a well-located property that already stands above average in its assessed worth.
Frequently Asked Questions
1. What does the "above average" assessed value ranking actually mean?
It means this home’s municipal assessment is higher than a significant majority of comparable homes in Winnipeg (top 15%), in North River Heights (top 23%), and on its own street (top 29%). This often reflects factors like lot location, home size, condition, or improvements that the city assesses as adding value.
2. The home is older than most on its street. Should I be concerned?
While it’s true the 1927 build date is older than the street average, it is very close to the average build year for the broader North River Heights neighbourhood. This is typical for many established central Winnipeg communities. A thorough inspection is always advised to understand the condition and any updates.
3. How does the lot size compare?
At 4,821 sqft, the lot is slightly smaller than the average on Waterloo Street but is very close to the standard for North River Heights. It represents a manageable yard size, which can be a positive for those seeking less outdoor upkeep.
4. Can I get the exact historical sale price?
The site shows the last sale (March 2017) in a price range. Due to data display rules, obtaining the exact figure requires a manual lookup. You can request this information directly via the email link provided on the detail page.
5. The home sold nearly a decade ago. What does that indicate?
A single sale in the last eight+ years suggests a period of stable, long-term ownership. This can sometimes mean the owners have invested in maintenance and updates, but it also makes recent comparable sales data for this specific property less available. Market value should be established through a current appraisal and analysis of recently sold nearby homes.
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