266 Ash Street

North River Heights, Winnipeg

Property score

72.2

Good

Overall 72.2 · Older than most nearby homes

1,566 sqft (top 42%) · Built in 1922 (15 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

15 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

72.2 is composed by the two sections below.

Property Score

62.2Fair
Living Area79
1,566 sqftGood
Year Built20
1922Low
Lot Size60
4,823 sqftFair
Neighbourhood Sales Activity37
Low

Community Score

87.1Excellent
Household Income91
Excellent
Education Level100
Excellent
Housing Stress63
Fair
Core Housing Need63
Fair
Employment Health90
Excellent

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: #46110381

Community deep dive

$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

Population, labour & age

Population (2021)400
Labour force participation rate79%
Median age46.0
Avg household size2.2
Unemployment rate7%
Population density3333 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households30%
Couple families with children30%
Median household income (2020)$121K

Housing

Renter households28%
Condominium dwellings0%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority3%
Bachelor's or higher (25–64)60%
Mother tongue (1st)English · 87%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,566 sqft
0255075100
Same streetTop 39%Same areaTop 42%CitywideTop 27%
Same street · Ash Street
#140 / 356
Top 39% · Avg 1,605 sqft
Same area · North River Heights
#904 / 2,168
Top 42% · Avg 1,540 sqft
Citywide · Winnipeg
#52,613 / 194,458
Top 27% · Avg 1,342 sqft

Tax-Assessed Value

around average
403k
0255075100
Same streetBottom 22%Same areaBottom 29%CitywideTop 38%
Same street · Ash Street
#276 / 356
Bottom 22% · Avg 505.2k
Same area · North River Heights
#1,548 / 2,168
Bottom 29% · Avg 479.3k
Citywide · Winnipeg
#73,075 / 194,458
Top 38% · Avg 390.1k

Year Built

below average
1922
0255075100
Same streetBottom 10%Same areaBottom 14%CitywideBottom 14%

Lot Size

around average
4,823 sqft
0255075100
Same streetBottom 47%Same areaTop 40%CitywideBottom 40%

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

266 Ash Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 294 m), 2 education (nearest 233 m).

Search radius
🍽️Dining3
🏫Education2
Fuel Stations1
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%

Sales History

Sold 4/2023CA$350k–400k
Sold price

Same street

Bottom 22%

Same area

Bottom 30%

City-wide

Top 44%

Related homes

Highlights & common questions: 266 Ash Street, Winnipeg

Property Overview: 266 Ash Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This 1,566 sqft home, built in 1922, presents a classic North River Heights character property on a standard 4,823 sqft lot. Its core appeal lies in a value-oriented entry point into a desirable, established neighbourhood. The home's living space is above average for Winnipeg overall, offering good interior volume for its assessed value. However, the data reveals a nuanced picture: while the home is sizeable city-wide, its assessed value is notably below average for both Ash Street and North River Heights. This suggests a potential opportunity for a buyer willing to invest in updates, as the property may be priced considering its age and likely need for modernization. The lot size is typical for the area, providing a balanced outdoor space without extensive maintenance demands.

This property would suit a practical buyer looking for character and location over turn-key perfection. It’s ideal for a handy homeowner or an investor who sees value in the neighbourhood's fundamentals and is prepared to tailor the home to their tastes over time. It represents a chance to gain equity through thoughtful improvements in a stable community.

Frequently Asked Questions

1. Why is the assessed value lower than the neighbourhood average?
The home’s 1922 build date makes it older than most in the area, and assessed values often reflect a property's condition, layout, and modernization level. This lower assessment relative to neighbours can indicate an opportunity but also suggests budgeting for potential updates.

2. How does the sold price range from 2023 compare to the current assessed value?
The home sold for an estimated $350k–$400k in April 2023. The current $403k assessment is in line with that recent sale, indicating stable value in the area over the past two years.

3. What should I consider with a home from 1922?
While offering classic charm, a home of this age likely has original systems (like plumbing, wiring, or heating) that may need evaluation or upgrading. A thorough inspection is essential to understand the condition and plan for any necessary investments.

4. Is the living space efficiently laid out?
At 1,566 sqft, the home is spacious for Winnipeg. However, in a century-old home, the floor plan might feel different from a modern open-concept design. Considering how the layout fits your lifestyle is as important as the square footage.

5. How can I get the exact historical sold prices?
The provided sold price is an estimated range from public records. For fully verified and exact sale figures, you must request a manual lookup via email through the listing site, as this data is not sourced from the MLS.