Property score
76.7
Good
Overall 76.7 · Older than most nearby homes
1,699 sqft (top 33%) · Built in 1914 (23 yrs older than avg)
Located in a high-income area with median household income of ~162k
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, and 1 place of worship nearby
Living Area
Near average
10% larger than neighborhood avg.
Year Built
Below average
23 yrs older than neighborhood avg.
Mother tongue
English · 89%French · 2%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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76.7 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: #46110664
$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
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
255 Montrose Street — 3 amenities found within 500 m, across 3 categories, including 1 dining (nearest 493 m), 1 education (nearest 300 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 43% | Top 29% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 255 Montrose Street, Winnipeg
Key Characteristics & Appeal
This home at 255 Montrose Street in North River Heights presents a compelling blend of established character and practical value. Built in 1914, it is a classic, older home that offers above-average living space (1,699 sq ft) compared to the Winnipeg average, situated on a standard city lot (5,203 sq ft). Its assessed value of $450,000 positions it as a more accessible entry point within its desirable neighbourhood, coming in below the local street average but above the city-wide benchmark.
The appeal lies in its balance. You acquire a solid amount of space in a well-regarded area without the premium price tag often commanded by fully renovated or newer homes on the street. It suits buyers who appreciate the charm and potential of a century-old home and are prepared for the maintenance that comes with it. It’s an ideal match for a practical first-time buyer in North River Heights, a downsizer seeking single-level living (if the layout permits), or an investor looking for a character property in a stable rental market. A less obvious perspective is that its "below-average" metrics for year and lot size on Montrose Street itself may represent an opportunity to own a more manageable property with lower upkeep demands, while still fully benefiting from the neighbourhood's amenities and prestige.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold between $450,000 and $500,000 in September 2024. The assessed value of $450,000 falls at the very bottom of that sold price range, suggesting the assessment is conservative relative to the recent market transaction.
2. Is the house unusually old for the area?
Yes. Built in 1914, it is notably older than most homes on Montrose Street and in North River Heights overall, placing it in the oldest 10-15% of properties locally. This indicates strong original construction and classic character, but buyers should prioritize a thorough inspection for an older home.
3. How does the living space compare to nearby homes?
The living area is very close to the average for Montrose Street itself and is actually larger than the typical home in both the broader North River Heights area and the city of Winnipeg as a whole. You get more interior space than most Winnipeg homes.
4. What does the lot size mean for outdoor space?
At just over 5,200 sq ft, the lot is slightly smaller than others on Montrose Street but is very typical for North River Heights. It provides a standard city yard—adequate for gardening, play, or entertaining, but not an exceptionally large or sprawling parcel.
5. Where can I get verified historical price data?
The site's sold data is compiled from public sources, not the MLS. For the exact sale price and a full transaction history, you must request a manual lookup via email from the site administrators, as industry rules prevent displaying official MLS records here.
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