290 Borebank Street

North River Heights, Winnipeg

57.6

Fair

Overall 57.6

Smaller than most nearby homes

821 sqft (bottom 4%)

Built in 1929 (8 yrs older than avg)

Located in a high-income area

with median household income of ~133k

Transit 70.0

5-min walk to transit with 3 nearby routes

Within 500m: 1 school, 3 parks, and 1 place of worship nearby

Living Area

Below average

47% smaller than neighborhood avg.

Year Built

Near average

8 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

57.6 is composed by the two sections below.

Property Score

34.0Low
Living Area821 sqft32Low
Year Built192920Low
Lot Size4,801 sqft60Fair
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

below average
821 sqft
0255075100
Same streetBottom 7%Same areaBottom 4%CitywideBottom 10%
Same street · Borebank Street
#376 / 404
Bottom 7% · Avg 1,211 sqft
Same area · North River Heights
#2,074 / 2,168
Bottom 4% · Avg 1,540 sqft
Citywide · Winnipeg
#174,119 / 194,458
Bottom 10% · Avg 1,342 sqft

Tax-Assessed Value

around average
345k
0255075100
Same streetBottom 16%Same areaBottom 8%CitywideBottom 44%
Same street · Borebank Street
#340 / 404
Bottom 16% · Avg 426.2k
Same area · North River Heights
#1,988 / 2,168
Bottom 8% · Avg 479.3k
Citywide · Winnipeg
#107,972 / 194,458
Bottom 44% · Avg 390.1k

Year Built

around average
1929
0255075100
Same streetBottom 16%Same areaBottom 43%CitywideBottom 17%

Lot Size

around average
4,801 sqft
0255075100
Same streetBottom 39%Same areaBottom 39%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

290 Borebank Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 309 m), 3 parks (nearest 475 m).

Search radius
🏫Education1
🌳Parks3
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 6/2024CA$350k–400k
Sold price

Same street

Bottom 47%

Same area

Bottom 37%

City-wide

Top 38%

Related homes

Highlights & common questions: 290 Borebank Street, Winnipeg

Property Summary: 290 Borebank Street, Winnipeg

Key Characteristics & Appeal

This home at 290 Borebank Street in North River Heights is a classic, compact property built in 1929. Its key characteristic is its modest scale: with 821 square feet of living space, it is notably smaller than most homes on its street and in the wider neighbourhood. This is reflected in its below-average assessed value for the area, coming in at $345k against local averages that are significantly higher.

The appeal lies in its position as a more accessible entry point into a desirable, established neighbourhood. The lot size of 4,801 sq. ft. is very typical for the area, offering standard outdoor space. For the right buyer, the smaller interior footprint presents a manageable project—whether that means maintaining its original character or planning a thoughtful expansion. Its city-wide assessed value is around average, suggesting it may offer relative value within a premium neighbourhood context.

This property would best suit a first-time buyer, a downsizer, or an investor looking for a character home in North River Heights without the premium price tag of a larger house. It’s a practical option for someone who values location and land over square footage, and who may be comfortable with a cozier layout or has a vision for future renovations.

Frequently Asked Questions

1. Is the sold price range provided accurate?
The sold price range is based on publicly available data, not the MLS. For fully verified, exact sale figures, you must request a manual lookup via email from the site.

2. How does the living area compare to nearby homes?
At 821 sq. ft., the living area is well below the average for North River Heights (approx. 1,540 sq. ft.) and for its own street (approx. 1,211 sq. ft.), placing it in the bottom 10% locally for size.

3. What does the assessed value tell me about this property?
The $345k assessment is below average for both Borebank Street and North River Heights, but is close to the city-wide average. This indicates you are paying primarily for the neighbourhood location and the land, rather than for a large amount of finished living space.

4. Are homes from 1929 a concern?
While its age is greater than most on its street, it is near the average build year for the North River Heights neighbourhood. A pre-purchase inspection is essential to understand the condition of major systems, potential updates needed, and the integrity of its original features.

5. What are the potential upsides of a smaller home on a standard lot?
The combination suggests lower property taxes relative to neighbours and potentially lower maintenance costs for the structure itself. The standard lot size also maintains the possibility for additions, a garage, or garden space, which are often more constrained on smaller lots.

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