289 Waterloo Street

North River Heights, Winnipeg

Property score

77.3

Good

Overall 77.3 · Larger but older than most nearby homes

1,739 sqft (top 30%) · Built in 1925 (12 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 sports facility, and 1 fuel station nearby

Living Area

Above average

13% larger than neighborhood avg.

Year Built

Below average

12 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

77.3 is composed by the two sections below.

Property Score

66.4Good
Living Area86
1,739 sqftExcellent
Year Built20
1925Low
Lot Size60
4,821 sqftFair
Neighbourhood Sales Activity37
Low

Community Score

93.6Excellent
Household Income92
Excellent
Education Level100
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health83
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: #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

above average
1,739 sqft
0255075100
Same streetTop 31%Same areaTop 30%CitywideTop 19%
Same street · Waterloo Street
#100 / 322
Top 31% · Avg 1,633 sqft
Same area · North River Heights
#651 / 2,168
Top 30% · Avg 1,540 sqft
Citywide · Winnipeg
#37,760 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
507k
0255075100
Same streetTop 34%Same areaTop 28%CitywideTop 19%
Same street · Waterloo Street
#108 / 322
Top 34% · Avg 552.1k
Same area · North River Heights
#603 / 2,168
Top 28% · Avg 479.3k
Citywide · Winnipeg
#36,270 / 194,458
Top 19% · Avg 390.1k

Year Built

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

Lot Size

around average
4,821 sqft
0255075100
Same streetBottom 23%Same areaTop 48%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

289 Waterloo Street — 8 amenities found within 500 m, across 5 categories, including 3 dining (nearest 395 m), 2 education (nearest 186 m).

Search radius
🍽️Dining3
🏫Education2
💪Sports1
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 2/2018CA$350k–400k
Sold price

Same street

Bottom 23%

Same area

Bottom 38%

City-wide

Top 37%
Sold 9/2016CA$350k–400k
Sold price

Same street

Bottom 29%

Same area

Bottom 41%

City-wide

Top 34%

Related homes

Highlights & common questions: 289 Waterloo Street, Winnipeg

Property Overview: 289 Waterloo Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home at 289 Waterloo Street is a well-established property in the desirable North River Heights neighborhood. Built in 1925, it offers 1,739 sqft of living space on a 4,821 sqft lot, with a current assessed value of $507,000.

The appeal lies in its strong positional value. The living space is comfortably above the city-wide average, offering more room than most Winnipeg homes. Its assessed value also sits well above the city average, suggesting a solid level of finish and desirability for the area. While the lot is slightly smaller than others on its street, it is very typical for the North River Heights neighborhood itself. The home’s age (101 years) means it is older than most, which can appeal to buyers charmed by character homes, but it also implies a need for diligent maintenance and potential updates.

This property would best suit a buyer looking for a established, character-filled home in a prime central neighborhood. It’s ideal for someone who values space and location over a brand-new build, and who is prepared to steward a century-old home. It represents a step into an above-average market segment for the city, offering a balance of historic charm and practical living space.

Frequently Asked Questions

1. How does this home’s value compare to its neighbors?
The home’s assessed value is above average for both the wider city and the North River Heights area, but is slightly below the average for Waterloo Street itself. This suggests you are getting a solid, valuable property for the neighborhood, potentially at a relative value compared to the immediate street.

2. What should I consider about a home built in 1925?
While full of character, a home of this age requires careful attention. Prospective buyers should prioritize thorough inspections for foundational integrity, plumbing, electrical systems (like knob-and-tube wiring), and insulation. The historical charm comes with the responsibility of ongoing maintenance.

3. Is the lot size a disadvantage?
The lot is smaller than others on Waterloo Street but is very typical for North River Heights overall. It provides a manageable yard space without excessive upkeep. For gardeners or those seeking expansive outdoor space, it’s worth noting; for those preferring less maintenance, it could be an advantage.

4. The sold price history shows ranges from 2016 and 2018. How useful is that?
While it shows the property traded in the $350k–$400k range several years ago, the market has shifted significantly. The current assessed value of $507k is a more relevant starting point for today’s market value, though the final sale price is always determined by current conditions.

5. How can I get the exact past sold prices for this home?
Due to data licensing rules, exact sold prices are not published on this site. You can request the full transaction history by using the “Request exact figures by email” link provided on the detail page. The service will provide the verified data directly to you.