Property score
82.4
Excellent
Overall 82.4 · Larger than most nearby homes
2,124 sqft (top 14%) · Built in 1929 (8 yrs older than avg)
Located in a high-income area with median household income of ~155k
Transit 60.0 · 8-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, 1 sports facility, and 1 place of worship nearby
Living Area
Above average
38% larger than neighborhood avg.
Year Built
Near average
8 yrs older than neighborhood avg.
Mother tongue
English · 90%Chinese · 1%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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82.4 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: #46110383
$155K
Median household income
$196K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
15%
Single-person households
41%
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
325 Montrose Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 240 m), 1 parks (nearest 389 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 1% | Top 1% | Top 1% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 9% | Top 11% | Top 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 325 Montrose Street, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home on Montrose Street in North River Heights is defined by its significant scale and premium valuation within a well-established neighbourhood. Its primary appeal lies in offering above-average space on a generous lot, combined with a history of strong market performance.
The 2,124 sqft living area is notably larger than most homes in the city, neighbourhood, and even on its own street, placing it comfortably in the top tier for size. This is complemented by a land area of nearly 6,000 sqft, which is above average for North River Heights, suggesting valuable outdoor space and potential. The most striking characteristic is its assessed value of $941,000, which ranks in the top 1-2% across all comparison levels. This elite valuation, coupled with its previous sale in 2021 for over $1.1 million, indicates it is a high-calibre property in high demand.
Built in 1929, the home is older than many of its peers, which may appeal to buyers who appreciate classic character but should also factor in the considerations that come with a near-century-old structure. The ideal buyer is likely one seeking a substantial, established property in a prime location, with the financial capacity for a premium investment. It suits those who value space and prestige over a newer build, and who understand that such a standout property commands top-tier pricing in the market.
Frequently Asked Questions
1. Why is the assessed value so much higher than the neighbourhood average?
The assessed value of $941,000 ranks in the top 1% on the street and top 2% in North River Heights. This reflects the home's combination of larger-than-average living space, a generous lot, and its high sale price in 2021, which established a strong value benchmark.
2. What should I consider about a home built in 1929?
While offering classic charm, a home of this age may have outdated mechanical systems (like plumbing or electrical), insulation, or require foundation maintenance. A thorough inspection is essential to understand the condition and potential future investments needed to maintain or update the property.
3. How does the previous sale price inform its current value?
The home sold for between $1.1M and $1.15M in March 2021. This historical transaction sets a precedent and demonstrates the property's ability to achieve premium pricing, but current market conditions will ultimately determine today's value.
4. Is the lot size a major feature?
At 5,997 sqft, the lot is larger than the average for North River Heights, placing it in the top 18% for the area. This is a significant asset, providing more privacy, yard space, and potential than many properties in the community.
5. How can I get the exact historical sale prices?
The site provides estimated price ranges. To obtain the exact sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.
