Property score
70.1
Good
Overall 70.1 · Smaller and older than most nearby homes
1,244 sqft (bottom 30%) · Built in 1925 (12 yrs older 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: 1 dining spot, 2 schools, 1 park, and 1 sports facility nearby
Living Area
Below average
19% smaller 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)
770
480k
$319/sqft
1937
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70.1 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110382
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
316 Waterloo Street — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 485 m), 2 education (nearest 112 m), 1 parks (nearest 486 m).
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%
316 Waterloo Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 316 Waterloo Street presents a classic North River Heights character property built in 1925. With 1,244 sqft of living space on a 4,822 sqft lot, it offers a more compact footprint compared to some larger homes on its street, but remains squarely average for the wider area and city. Its assessed value of $424k positions it as a mid-range option within the neighbourhood, offering a potentially accessible entry point into this established community. The home’s century-old charm is a defining trait, appealing to those who appreciate heritage character, though it inherently suggests a focus on maintenance and potential updates.
The appeal here lies in a balance of location, lot size, and value. It suits a first-time buyer or downsizer seeking a manageable property in a prime neighbourhood without the premium price tag of a fully renovated or larger home. It would also attract a practical investor or homeowner with a vision for gradual updates, who values the generous lot for its outdoor potential or future expansion possibilities more than immediate square footage.
Frequently Asked Questions
How does this home’s value compare to its neighbours?
The home’s assessed value is around average for North River Heights but is notably below the average for Waterloo Street itself. This suggests you may be acquiring a similar location for a lower price point, often due to factors like the home’s smaller size or older condition relative to others on the block.
What are the implications of the home being built in 1925?
A home of this age offers classic charm and likely solid construction, but it also means prospective buyers should prioritize inspections for foundational integrity, plumbing, electrical systems, and insulation. Budgeting for ongoing maintenance and potential updates is a prudent consideration.
Is the living space sufficient for a family?
At 1,244 sqft, the living area is below average for Waterloo Street but typical for the city overall. It would suit a small family, a couple, or a single occupant comfortably. The nearly 5,000 sqft lot provides valuable outdoor space to extend living areas, especially in warmer months.
Why is there no sales history shown?
The provided data does not pull from the MLS system. You can request the exact sales history and verified figures directly via the email option on the listing page, and the team will manually retrieve and provide that information.
What is the potential here for the future?
The combination of a desirable location and a lot that is above average in size for the immediate area presents a key opportunity. For the right buyer, the property offers a foundation for landscaping projects, outdoor living spaces, or even a future addition (subject to zoning and permits), allowing the home to grow in value over time.
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