285 Montrose Street

North River Heights, Winnipeg

Property score

81.2

Excellent

Overall 81.2 · Larger but older than most nearby homes

1,853 sqft (top 23%) · Built in 1925 (12 yrs older than avg)

Located in a high-income area with median household income of ~155k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 sports facility, and 1 place of worship nearby

Living Area

Above average

20% larger than neighborhood avg.

Year Built

Below average

12 yrs older than neighborhood avg.

Mother tongue

English · 90%Chinese · 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

81.2 is composed by the two sections below.

Property Score

71.4Good
Living Area1,853 sqft89Excellent
Year Built192520Low
Lot Size6,273 sqft81Excellent
Neighbourhood Sales Activity37Low

Community Score

96.0Excellent
Household Income94Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health90Excellent

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: #46110383

Community deep dive

$155K

Median household income

$196K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

15%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)532
Labour force participation rate78%
Median age42.4
Avg household size2.7
Unemployment rate7%
Population density3325 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households15%
Couple families with children41%
Median household income (2020)$155K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority6%
Bachelor's or higher (25–64)83%
Mother tongue (1st)English · 89%
Mother tongue (2nd)Chinese · 0%

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

Rankings

Living Area

above average
1,853 sqft
0255075100
Same streetTop 40%Same areaTop 23%CitywideTop 15%
Same street · Montrose Street
#115 / 287
Top 40% · Avg 1,766 sqft
Same area · North River Heights
#505 / 2,168
Top 23% · Avg 1,540 sqft
Citywide · Winnipeg
#29,604 / 194,458
Top 15% · Avg 1,342 sqft

Tax-Assessed Value

above average
617k
0255075100
Same streetTop 17%Same areaTop 12%CitywideTop 7%
Same street · Montrose Street
#49 / 287
Top 17% · Avg 522.7k
Same area · North River Heights
#258 / 2,168
Top 12% · Avg 479.3k
Citywide · Winnipeg
#13,291 / 194,458
Top 7% · Avg 390.1k

Year Built

below average
1925
0255075100
Same streetBottom 20%Same areaBottom 23%CitywideBottom 15%

Lot Size

above average
6,273 sqft
0255075100
Same streetTop 7%Same areaTop 9%CitywideTop 26%

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

285 Montrose Street — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 243 m).

Search radius
🏫Education1
💪Sports1
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$800k–850k
Sold price

Same street

Top 3%

Same area

Top 3%

City-wide

Top 2%

Related homes

Highlights & common questions: 285 Montrose Street, Winnipeg

Property Overview: 285 Montrose Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This 1925-built home in North River Heights presents a compelling mix of established character and above-average metrics. Its primary appeal lies in its generous 6,273 sqft lot, which ranks in the top 9% for the area, offering significant outdoor space rarely found in newer developments. With 1,853 sqft of living area, the home provides ample interior space, ranking above average for both the neighbourhood and the wider city.

The property’s assessed value of $617k sits comfortably above averages for Montrose Street, North River Heights, and Winnipeg overall, indicating a perceived premium. This is supported by its last sold price in 2022, which was in the top 3% of local sales at the time. A thoughtful perspective is that this home represents a solid, established asset in a mature neighbourhood—it’s not the newest on the block, but it offers substantial land and space that outperform most peers. It would suit buyers looking for a character home with room to grow or garden, and who value a property that stands out in its immediate area for lot size and overall footprint over modern construction.

Frequently Asked Questions

1. How does the home’s age impact its value and potential?
Built in 1925, the home is older than most on its street and in the city. This typically means potential for classic architectural charm but also suggests that updates to major systems (like plumbing, electrical, or insulation) may be a consideration. Its strong assessed and recent sale values indicate these factors are already priced in.

2. Is the lot size a major advantage?
Yes. At over 6,200 sqft, the lot is significantly larger than most in North River Heights (top 9%). This is a key differentiator, offering privacy, landscaping potential, and space that is increasingly difficult to find in established neighbourhoods.

3. The assessed value seems high for the area. Why?
The assessment is above average for every geographic level (street, neighbourhood, city). This reflects a combination of its larger-than-average living area, its premium lot size, and market conditions at the time of assessment. It positions the property in a higher tier relative to its peers.

4. What can the 2022 sale price tell me?
The sale price range of $800k-$850k placed it in the top 3% of sales for the area at that time. This historical data points to strong market demand for this specific property type and suggests it has been viewed as a premium offering.

5. Where can I get verified historical sale data?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the exact transaction history and figures via email from the provider, who will perform a manual lookup. The data presented here is from public sources and is considered reasonably reliable but not MLS-verified.

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