299 Borebank Street

North River Heights, Winnipeg

Property score

63.3

Fair

Overall 63.3 · Smaller than most nearby homes

907 sqft (bottom 9%) · Built in 1930 (7 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

41% smaller than neighborhood avg.

Year Built

Near average

7 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

63.3 is composed by the two sections below.

Property Score

43.6Low
Living Area907 sqft42Low
Year Built193022Low
Lot Size6,001 sqft81Excellent
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
907 sqft
0255075100
Same streetBottom 16%Same areaBottom 9%CitywideBottom 17%
Same street · Borebank Street
#341 / 404
Bottom 16% · Avg 1,211 sqft
Same area · North River Heights
#1,970 / 2,168
Bottom 9% · Avg 1,540 sqft
Citywide · Winnipeg
#161,403 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

around average
385k
0255075100
Same streetBottom 33%Same areaBottom 20%CitywideTop 42%
Same street · Borebank Street
#271 / 404
Bottom 33% · Avg 426.2k
Same area · North River Heights
#1,725 / 2,168
Bottom 20% · Avg 479.3k
Citywide · Winnipeg
#82,459 / 194,458
Top 42% · Avg 390.1k

Year Built

around average
1930
0255075100
Same streetBottom 18%Same areaBottom 48%CitywideBottom 18%

Lot Size

above average
6,001 sqft
0255075100
Same streetTop 14%Same areaTop 13%CitywideTop 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

299 Borebank Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 365 m), 3 parks (nearest 419 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 11/2020CA$300k–350k
Sold price

Same street

Bottom 21%

Same area

Bottom 18%

City-wide

Bottom 46%

Related homes

Highlights & common questions: 299 Borebank Street, Winnipeg

Property Overview: 299 Borebank Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This 1930-built home in North River Heights presents a distinct value proposition centered on its generous 6,001 sqft lot, which is notably larger than most in the immediate area and neighbourhood. With a living area of 907 sqft, the house itself is compact, suggesting a classic, efficient layout typical of its era. The assessed value of $385k sits around the city-wide average, indicating a fair valuation that is somewhat below the average for North River Heights specifically.

The primary appeal lies in the land-to-structure ratio. This property is ideal for buyers who prioritize outdoor space, garden potential, and future expansion over immediate square footage. It suits a first-time buyer looking for an entry point into a established neighbourhood, a downsizer seeking a manageable home with a spacious yard, or an investor/renovator who sees value in the lot size and the potential to update or expand the existing footprint. It’s a property where the value is more grounded in its location and land than in its current interior volume or modern finishes.

Frequently Asked Questions

1. Is the house in need of major updates due to its age?
Built in 1930, the home is older than many on its street. Prospective buyers should budget for a thorough inspection to assess the condition of major aging components like the roof, plumbing, and electrical systems, which may require updating.

2. How does the lot size compare to nearby properties?
The lot is a key feature. At over 6,000 sqft, it ranks in the top 14% on Borebank Street and the top 13% in North River Heights for size, offering significantly more outdoor space than many neighbouring properties.

3. Why is the assessed value below the neighbourhood average?
The assessed value reflects the property’s overall characteristics. While the lot is large, the smaller living area and older age of the home bring the total assessment below the North River Heights average, which includes many larger and more recently built or renovated homes.

4. What was the previous sale price?
Records indicate a sale between $300k-$350k in November 2020. For verified, exact historical sale figures, you can request a manual lookup via the provided email service on the original listing page.

5. Is there potential to add on to the house?
The substantial lot size does create potential for future additions, a garage, or extensive landscaping. Any expansion would be subject to local zoning bylaws and would require proper permits, but the physical space is a clear asset for such projects.

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