265 Cordova Street

North River Heights, Winnipeg

Property score

72.5

Good

Overall 72.5 · Compared with neighbourhood average

1,324 sqft (bottom 38%) · Built in 1930 (7 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: 1 school, and 1 park nearby

Living Area

Below average

14% smaller than neighborhood avg.

Year Built

Near average

7 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

72.5 is composed by the two sections below.

Property Score

58.9Fair
Living Area1,324 sqft71Good
Year Built193022Low
Lot Size5,170 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

around average
1,324 sqft
0255075100
Same streetBottom 34%Same areaBottom 38%CitywideTop 40%
Same street · Cordova Street
#177 / 268
Bottom 34% · Avg 1,517 sqft
Same area · North River Heights
#1,341 / 2,168
Bottom 38% · Avg 1,540 sqft
Citywide · Winnipeg
#77,867 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

around average
432k
0255075100
Same streetBottom 38%Same areaBottom 42%CitywideTop 32%
Same street · Cordova Street
#166 / 268
Bottom 38% · Avg 492.7k
Same area · North River Heights
#1,253 / 2,168
Bottom 42% · Avg 479.3k
Citywide · Winnipeg
#61,434 / 194,458
Top 32% · Avg 390.1k

Year Built

around average
1930
0255075100
Same streetBottom 33%Same areaBottom 48%CitywideBottom 18%

Lot Size

around average
5,170 sqft
0255075100
Same streetTop 47%Same areaTop 33%CitywideBottom 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

265 Cordova Street — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 337 m), 1 parks (nearest 255 m).

Search radius
🏫Education1
🌳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 7/2023CA$450k–500k
Sold price

Same street

Top 36%

Same area

Top 29%

City-wide

Top 18%

Related homes

Highlights & common questions: 265 Cordova Street, Winnipeg

Property Overview: 265 Cordova Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home at 265 Cordova Street is a classic North River Heights property built in 1930, offering a balanced proposition in a well-established neighbourhood. With 1,324 sqft of living space and a 5,170 sqft lot, its size is comfortably average for the immediate street and area, suggesting it fits the typical scale of this community. The assessed value of $432k sits below the local area average but above the city-wide average, potentially indicating a value position within a desirable neighbourhood.

The appeal lies in its established setting and proportional lot. It suits buyers looking for a character home in a mature area without the footprint of a larger estate. It’s a practical choice for those who want space but prefer manageable upkeep. A thoughtful perspective is that its "average" metrics within North River Heights are actually a strength—it represents the core housing stock of the neighbourhood, which often translates to stable value and broad appeal. The lot size is notably above average for the street, offering more outdoor space than many direct neighbours.

This property would likely suit a first-time buyer or small family seeking entry into a sought-after neighbourhood, or a downsizer wanting a single-family home without an excessively large property. Its profile suggests a home for someone who values location and community character over brand-new construction or oversized square footage.

Frequently Asked Questions

1. How does the assessed value compare to the recent sold price?
The home sold in July 2023 for between $450,000 and $500,000. The current assessed value is $432,000. It’s important to request the exact sold price and consult a local agent to understand current market valuation.

2. What should I consider with a home built in 1930?
While offering classic charm, a home of this age will likely have had various updates. A thorough inspection is essential to understand the condition of major systems like wiring, plumbing, and the foundation, and to identify any recent renovations.

3. The living area is noted as "around average." Is that sufficient space?
At 1,324 sqft, it is typical for the area. It provides functional space for a household of 2-4 people. Buyers should consider if the layout meets their needs, as older homes sometimes have different room configurations than modern builds.

4. The lot is larger than average for the street. What are the advantages?
The 5,170 sqft lot is above the street average, providing more private outdoor space, greater potential for gardening, landscaping, or additions, and possibly more distance from neighbouring homes.

5. How does this property rank compared to others in Winnipeg?
The data shows its assessed value ranks in the top 32% city-wide, meaning it’s valued higher than most Winnipeg homes. However, within the North River Heights area, it ranks closer to the middle, offering a chance to live in a premium neighbourhood at a relatively accessible price point.

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