247 Montrose Street

North River Heights, Winnipeg

Property score

84.1

Excellent

Overall 84.1 · Larger but older than most nearby homes

3,168 sqft (top 2%) · Built in 1912 (25 yrs older than avg)

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

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, and 1 place of worship nearby

Living Area

Above average

106% larger than neighborhood avg.

Taon ng Paggawa

Below average

25 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

84.1 is composed by the two sections below.

Property Score

77.2Good
Living Area100
3,168 sqftExcellent
Taon ng Paggawa16
1912Low
Lupa81
6,001 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

94.4Excellent
Household Income95
Excellent
Education Level100
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Istatistika ng benta ng komunidad

North River Heights

How to read: Share of sales in each ~$50k price band for “north river heights” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

Elite
3,168 sqft
0255075100
Same streetTop 2%Same areaTop 2%CitywideTop 1%
Same street · Montrose Street
#7 / 287
Top 2% · Avg 1,766 sqft
Same area · North River Heights
#33 / 2,168
Top 2% · Avg 1,540 sqft
Citywide · Winnipeg
#1,522 / 194,458
Top 1% · Avg 1,342 sqft

Assessed Value

Elite
680k
0255075100
Same streetTop 13%Same areaTop 7%CitywideTop 4%
Same street · Montrose Street
#36 / 287
Top 13% · Avg 522.7k
Same area · North River Heights
#148 / 2,168
Top 7% · Avg 479.3k
Citywide · Winnipeg
#8,515 / 194,458
Top 4% · Avg 390.1k

Taon ng Paggawa

mas mababa sa average
1912
0255075100
Same streetBottom 2%Same areaBottom 1%CitywideBottom 8%

Lupa

lampas sa average
6,001 sqft
0255075100
Same streetTop 17%Same areaTop 13%CitywideTop 31%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

247 Montrose Street — 3 amenities found within 500 m, across 3 categories, including 1 dining (nearest 474 m), 1 education (nearest 324 m).

Search radius
🍽️Dining1
🏫Education1
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%

Kasaysayan ng Benta

Naibenta 2/2020CA$500k–550k
Presyo ng benta

Parehong kalye

Top 33%

Parehong lugar

Top 21%

Buong lungsod

Top 13%

Related homes

Mga tampok at karaniwang tanong: 247 Montrose Street, Winnipeg

Property Summary: 247 Montrose Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home on Montrose Street in North River Heights is defined by its impressive scale and established character. Its primary appeal lies in its exceptionally generous living space of 3,168 sq ft, which ranks in the top 2% of homes both on its street and in the desirable North River Heights area. This is a home built for spacious living and entertaining. The lot size of just over 6,000 sq ft is also notably above average for the neighbourhood, offering ample outdoor space.

The property’s assessed value of $680,000 reflects its premium positioning, ranking well above average city-wide. A key, less obvious characteristic is its 1912 vintage. While its age places it among the older homes in the area, this often translates to classic construction, mature landscaping, and a well-established streetscape. This isn’t a modern infill; it’s a piece of the neighbourhood’s fabric.

This home would best suit buyers who prioritize interior volume and a large lot over new construction. It’s ideal for a family seeking room to grow, someone who values the character of an older community, or an owner who isn’t intimidated by the potential maintenance or updating that can come with a century-old home. The buyer is likely trading some modern convenience for timeless space and location.

Section 2: Frequently Asked Questions

1. What does the "Elite" ranking for living area actually mean?
It means this home's interior square footage is larger than 98-99% of comparable homes in North River Heights and across Winnipeg. You are getting significantly more house, by the numbers, than the vast majority of properties.

2. The home is noted as being much older than average. What should I consider?
While offering classic charm and likely solid construction, an older home may have outdated mechanical systems (like plumbing or electrical), require more frequent maintenance, or need renovations to meet modern energy efficiency standards. A thorough inspection is essential.

3. The assessed value is high for the street. Is that a concern?
Not necessarily. The assessment is based on the property's characteristics, including its very large size. It ranks 36th out of 287 on Montrose Street, meaning there are more valuable homes, but it sits well above the street's average assessed value of ~$522k, reflecting its premium attributes.

4. Can I find out the exact historical sale price?
The site shows the home sold in February 2020 for between $500,000 and $550,000. Due to data source rules, they do not publish the exact figure online but offer to provide it via a manual email lookup upon request.

5. How does the lot size compare to a typical city lot?
At 6,001 sq ft, the lot is above average for North River Heights but slightly below the city-wide average lot size. This indicates you get a very generous yard for the inner-city neighbourhood, though lots in newer suburban areas may be larger.