303 Waterloo Street

North River Heights, Winnipeg

Property score

89.0

Excellent

Overall 89.0 · Larger and newer than most nearby homes

1,982 sqft (top 17%) · Built in 2023 (86 yrs newer than avg)

Located in a high-income area with median household income of ~131k

Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 2 schools, 1 park, and 1 sports facility nearby

Living Area

Above average

29% larger than neighborhood avg.

Year Built

Above average

86 yrs newer 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

89.0 is composed by the two sections below.

Property Score

86.0Excellent
Living Area1,982 sqft92Excellent
Year Built2023100Excellent
Lot Size4,821 sqft60Fair
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

above average
1,982 sqft
0255075100
Same streetTop 20%Same areaTop 17%CitywideTop 11%
Same street · Waterloo Street
#64 / 322
Top 20% · Avg 1,633 sqft
Same area · North River Heights
#379 / 2,168
Top 17% · Avg 1,540 sqft
Citywide · Winnipeg
#21,885 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

Elite
905k
0255075100
Same streetTop 8%Same areaTop 2%CitywideTop 1%
Same street · Waterloo Street
#27 / 322
Top 8% · Avg 552.1k
Same area · North River Heights
#44 / 2,168
Top 2% · Avg 479.3k
Citywide · Winnipeg
#2,862 / 194,458
Top 1% · Avg 390.1k

Year Built

Elite
2023
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 1%

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

303 Waterloo Street — 9 amenities found within 500 m, across 6 categories, including 3 dining (nearest 444 m), 2 education (nearest 171 m), 1 parks (nearest 496 m).

Search radius
🍽️Dining3
🏫Education2
🌳Parks1
💪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 4/2016CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 5%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 303 Waterloo Street, Winnipeg

Property Overview: 303 Waterloo Street, Winnipeg

Key Characteristics & Appeal

This is a notably modern and high-value home in Winnipeg's North River Heights neighborhood. Built in 2023, it stands out for its new construction in an area of mostly older, established homes. The nearly 2,000 sqft of living space is comfortably above average for the street, neighborhood, and city, offering generous interior room.

The primary appeal lies in its premium positioning. With an assessed value of $905,000, it ranks in the top 2% of North River Heights and the top 1% city-wide, indicating a high-caliber property in terms of finish, amenities, or both. It represents a move-in-ready, contemporary home without the need for renovations, which is rare in this historic area.

The lot size is average for the neighborhood but smaller than many on its specific street. This suggests a focus on the home's modern footprint and design over expansive outdoor space. It would best suit buyers seeking a modern, low-maintenance lifestyle in a classic neighborhood, who prioritize new construction and high-end finishes over a large yard. It’s also a strong fit for those who value clear statistical prestige, as its metrics for value, size, and age consistently rank in the elite percentiles.


Frequently Asked Questions

1. Why is the assessed value so much higher than neighboring homes?
The assessed value reflects the property's new construction (2023) versus the neighborhood's average home age (circa 1937-1946). This suggests superior building materials, modern systems, current design standards, and likely higher-end finishes that older homes would require significant investment to match.

2. Is the lot size a disadvantage?
While the land area is smaller than the street average, it is typical for North River Heights. The trade-off is a modern, spacious interior on a manageable lot. It appeals to those who prefer less yard maintenance but still want neighborhood amenities and character.

3. What does the sale history indicate?
Public data shows it last sold between $250,000-$300,000 in 2016, which was likely for the previous structure or land. The dramatic increase to the current assessed value is directly tied to the construction of the new home in 2023, demonstrating a complete transformation of the property.

4. How does this home compare to similarly priced properties elsewhere in Winnipeg?
At this value, it sits among elite properties city-wide. The difference is that here you are purchasing primarily a new, high-end home in a mature neighborhood, rather than potentially a larger estate or lot in a newer suburban development.

5. Where can I get verified historical sale data?
The provided data is from public sources. For fully verified transaction history and exact sale prices, you must request a manual lookup from the site via email, as MLS records are not displayed here due to industry regulations.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.