275 Queenston Street

North River Heights, Winnipeg

71.5

Good

Overall 71.5

Compared with neighbourhood average

1,312 sqft (bottom 37%)

Built in 1931 (6 yrs older than avg)

Located in a high-income area

with median household income of ~131k

Transit 70.0

6-min walk to transit with 3 nearby routes

Within 500m: 3 dining spots, 2 schools, 1 park, and 1 fuel station nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Near average

6 yrs older than neighborhood avg.

Mother tongue

English · 90%French · 3%

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

71.5 is composed by the two sections below.

Property Score

56.8Fair
Living Area1,312 sqft71Good
Year Built193122Low
Lot Size4,307 sqft53Fair
Neighbourhood Sales Activity37Low

Community Score

93.6Excellent
Household Income92Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110382

Community deep dive

$131K

Median household income

$145K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.0

P90 / P10 ratio

27%

Single-person households

33%

Families with children

Population, labour & age

Population (2021)560
Labour force participation rate73%
Median age46.0
Avg household size2.3
Unemployment rate5%
Population density3733 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households27%
Couple families with children33%
Median household income (2020)$131K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority0%
Bachelor's or higher (25–64)62%
Mother tongue (1st)English · 90%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
1,312 sqft
0255075100
Same streetBottom 33%Same areaBottom 37%CitywideTop 41%
Same street · Queenston Street
#279 / 414
Bottom 33% · Avg 1,598 sqft
Same area · North River Heights
#1,366 / 2,168
Bottom 37% · Avg 1,540 sqft
Citywide · Winnipeg
#79,488 / 194,458
Top 41% · Avg 1,342 sqft

Tax-Assessed Value

above average
515k
0255075100
Same streetTop 30%Same areaTop 26%CitywideTop 17%
Same street · Queenston Street
#125 / 414
Top 30% · Avg 494.6k
Same area · North River Heights
#569 / 2,168
Top 26% · Avg 479.3k
Citywide · Winnipeg
#33,907 / 194,458
Top 17% · Avg 390.1k

Year Built

around average
1931
0255075100
Same streetBottom 27%Same areaTop 47%CitywideBottom 18%

Lot Size

around average
4,307 sqft
0255075100
Same streetBottom 21%Same areaBottom 14%CitywideBottom 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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

275 Queenston Street — 8 amenities found within 500 m, across 5 categories, including 3 dining (nearest 465 m), 2 education (nearest 139 m), 1 parks (nearest 424 m).

Search radius
🍽️Dining3
🏫Education2
🌳Parks1
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 8/2022CA$550k–600k
Sold price

Same street

Top 17%

Same area

Top 18%

City-wide

Top 10%
Sold 7/2016CA$300k–350k
Sold price

Same street

Bottom 15%

Same area

Bottom 25%

City-wide

Top 48%

Related homes

Highlights & common questions: 275 Queenston Street, Winnipeg

Property Summary: 275 Queenston Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 275 Queenston Street in North River Heights presents a compelling mix of established character and above-average valuation. Built in 1931, it is one of the older homes on its street, offering the classic charm and potential for original architectural details found in pre-war construction. With 1,312 sqft of living space, the home is moderately sized, sitting comfortably within the average range for the city but slightly more compact compared to its immediate neighbourhood peers.

The property’s primary appeal lies in its strong assessed value of $515,000, which ranks within the top 30% on its street and top 17% city-wide. This suggests the home is perceived as a premium asset relative to many others, likely due to factors like location, condition, or improvements not detailed in the raw metrics. The lot, at 4,307 sqft, is smaller than most in North River Heights but is close to the city-wide average, offering a manageable outdoor space.

This home would suit a buyer looking for an established neighbourhood with a proven record of value appreciation, as indicated by its significant increase in sold price between 2016 and 2022. It’s ideal for someone who values character over brand-new construction and prefers a home with a footprint that is easier to maintain. A thoughtful perspective for buyers is to consider that the above-average assessment, while a sign of strength, also sets a higher baseline for property taxes. The home’s smaller lot and living area relative to the neighbourhood mean you are paying a premium for the location and the intrinsic value the assessor sees in the property itself.

Section 2: Frequently Asked Questions

1. Why is the assessed value so high compared to the living area and lot size?
The assessed value is based on many factors beyond square footage, including location, building quality, interior finishes, updates, and market conditions. Its ranking in the top 17% city-wide indicates that assessors attribute significant value to the property, possibly due to renovations, desirable architectural features, or its specific position within a sought-after area.

2. What does the sold price history tell us?
The home sold in 2016 for an estimated $300k-$350k and again in 2022 for $550k-$600k. This sharp increase shows strong historical appreciation. The 2022 sale price placed it in the top 10% of city-wide sale values for that period, reinforcing its premium market position.

3. Is the smaller lot size a disadvantage?
It depends on your priorities. The lot is below average for North River Heights, meaning less private outdoor space than many neighbours. However, it is near the city-wide average and translates to less yard maintenance. The value has clearly not been negatively impacted by this factor.

4. As a 1931 home, what should I be prepared for?
Homes of this age often have character but may require updates to mechanical systems (like plumbing or electrical), insulation, or windows. A thorough inspection is essential. Its older vintage is typical for the street and area, contributing to the neighbourhood's established feel.

5. How can I get the exact past sold prices?
The site provides sold price ranges publicly. Due to industry regulations, exact MLS sold figures are not displayed online here. You can request the exact historical sold prices by emailing the site directly; they will provide the figures manually at no cost.

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