326 Montrose Street

North River Heights, Winnipeg

Property score

83.3

Excellent

Overall 83.3 · Larger than most nearby homes

2,218 sqft (top 11%) · Built in 1930 (7 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

44% larger than neighborhood avg.

Year Built

Near average

7 yrs older than neighborhood avg.

Mother tongue

English · 90%Chinese · 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

83.3 is composed by the two sections below.

Property Score

74.9Good
Living Area96
2,218 sqftExcellent
Year Built22
1930Low
Lot Size74
5,998 sqftGood
Neighbourhood Sales Activity37
Low

Community Score

96.0Excellent
Household Income94
Excellent
Education Level100
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health90
Excellent

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: #46110383

Community deep dive

$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

Population, labour & age

Population (2021)532
Labour force participation rate78%
Median age42.4
Avg household size2.7
Unemployment rate7%
Population density3325 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households15%
Couple families with children41%
Median household income (2020)$155K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority6%
Bachelor's or higher (25–64)83%
Mother tongue (1st)English · 89%
Mother tongue (2nd)Chinese · 0%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
2,218 sqft
0255075100
Same streetTop 18%Same areaTop 11%CitywideTop 6%
Same street · Montrose Street
#52 / 287
Top 18% · Avg 1,766 sqft
Same area · North River Heights
#245 / 2,168
Top 11% · Avg 1,540 sqft
Citywide · Winnipeg
#12,163 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

above average
539k
0255075100
Same streetTop 36%Same areaTop 21%CitywideTop 14%
Same street · Montrose Street
#102 / 287
Top 36% · Avg 522.7k
Same area · North River Heights
#461 / 2,168
Top 21% · Avg 479.3k
Citywide · Winnipeg
#27,386 / 194,458
Top 14% · Avg 390.1k

Year Built

around average
1930
0255075100
Same streetBottom 32%Same areaBottom 48%CitywideBottom 18%

Lot Size

above average
5,998 sqft
0255075100
Same streetTop 39%Same areaTop 16%CitywideTop 32%

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

326 Montrose Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 287 m), 1 parks (nearest 439 m).

Search radius
🏫Education1
🌳Parks1
💪Sports1
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 9/2023CA$550k–600k
Sold price

Same street

Top 20%

Same area

Top 15%

City-wide

Top 8%

Related homes

Highlights & common questions: 326 Montrose Street, Winnipeg

Property Overview: 326 Montrose Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home at 326 Montrose Street presents a compelling blend of space, established neighbourhood character, and relative value. Its primary appeal lies in its generous proportions. With 2,218 sqft of living area, the home offers significantly more interior space than most homes in North River Heights, the wider city, and even on its own street. This is paired with a substantial, above-average lot of nearly 6,000 sqft for the area, providing ample outdoor potential.

Built in 1930, the home is a classic example of the neighbourhood's character. While its age is typical for the immediate area, it is notably older than the Winnipeg average, suggesting a well-established streetscape. The assessed value of $539,000 sits around the average for Montrose Street but is positioned above average for both the North River Heights neighbourhood and the city overall. This indicates you are paying for a desirable location and a larger-than-typical home, rather than an inflated lot price. Recent sale data suggests it transacted within a competitive price band for its tier.

This property would best suit buyers looking for a spacious character home in one of Winnipeg's established neighbourhoods. It’s ideal for those who prioritize interior room and garden space over a modern build, and who appreciate a home that holds its value well above city norms. A thoughtful perspective is that this home offers the "bones" and space that are hard to find in newer subdivisions, appealing to someone willing to update a classic property to their own taste.

Frequently Asked Questions

1. How does the home’s size compare to others?
At 2,218 sqft, the living area is in the top 11% for North River Heights and the top 6% city-wide, meaning it is significantly larger than most comparable homes.

2. Is the assessed value high for the area?
The $539,000 assessment is around the average for Montrose Street itself but is above the average for both the broader North River Heights neighbourhood and the city of Winnipeg, reflecting the home’s larger size and location.

3. What does the year built (1930) imply?
The age is typical for North River Heights, ensuring neighbourhood character, but it is older than the average Winnipeg home. Buyers should be prepared for the potential maintenance and updating that comes with a character home of this vintage.

4. How reliable is the sold price data shown?
The displayed sold price range is based on publicly available data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup via email from the site.

5. What is the land like?
The 5,998 sqft lot is above average for North River Heights, offering more outdoor space than most in the neighbourhood, but is around the average size when compared to lots across the entire city.