327 Cambridge Street

North River Heights, Winnipeg

Property score

84.6

Excellent

Overall 84.6 · Larger than most nearby homes

2,258 sqft (top 10%) · Built in 1930 (7 yrs older than avg)

Located in a high-income area with median household income of ~188k

Transit 82.0 · 6-min walk to transit with 6 nearby routes · Within 500m: 1 school, and 1 place of worship nearby

Living Area

Above average

47% larger than neighborhood avg.

Taon ng Paggawa

Near average

7 yrs older than neighborhood avg.

Mother tongue

English · 89%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

84.6 is composed by the two sections below.

Property Score

77.0Good
Living Area96
2,258 sqftExcellent
Taon ng Paggawa22
1930Low
Lupa88
7,210 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

96.1Excellent
Household Income97
Excellent
Education Level100
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Istatistika ng benta ng komunidad

North River Heights

How to read: Share of sales in each ~$50k price band for “north river heights” (Detached na bahay (hindi 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: #46110386

Community deep dive

$188K

Median household income

$272K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.6

P90 / P10 ratio

11%

Single-person households

45%

Families with children

Population, labour & age

Population (2021)512
Labour force participation rate68%
Median age44.0
Avg household size3.0
Unemployment rate5%
Population density3413 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households11%
Couple families with children45%
Median household income (2020)$188K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$592K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority14%
Bachelor's or higher (25–64)86%
Mother tongue (1st)English · 89%
Mother tongue (2nd)French · 0%

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

Mga ranggo

Living Area

lampas sa average
2,258 sqft
0255075100
Same streetTop 8%Same areaTop 10%CitywideTop 6%
Same street · Cambridge Street
#16 / 195
Top 8% · Avg 1,332 sqft
Same area · North River Heights
#219 / 2,168
Top 10% · Avg 1,540 sqft
Citywide · Winnipeg
#10,891 / 194,458
Top 6% · Avg 1,342 sqft

Assessed Value

Elite
767k
0255075100
Same streetTop 5%Same areaTop 5%CitywideTop 3%
Same street · Cambridge Street
#9 / 195
Top 5% · Avg 421.7k
Same area · North River Heights
#99 / 2,168
Top 5% · Avg 479.3k
Citywide · Winnipeg
#5,171 / 194,458
Top 3% · Avg 390.1k

Taon ng Paggawa

karaniwan
1930
0255075100
Same streetBottom 22%Same areaBottom 48%CitywideBottom 18%

Lupa

lampas sa average
7,210 sqft
0255075100
Same streetTop 22%Same areaTop 6%CitywideTop 15%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

327 Cambridge Street — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 423 m).

Search radius
🏫Education1
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%

Kasaysayan ng Benta

Naibenta 7/2022CA$1.05M–1.1M
Presyo ng benta

Parehong kalye

Top 1%

Parehong lugar

Top 1%

Buong lungsod

Top 1%

Related homes

Mga tampok at karaniwang tanong: 327 Cambridge Street, Winnipeg

Property Overview: 327 Cambridge Street, North River Heights, Winnipeg

Section 1: Key Characteristics & Appeal

This home is defined by its substantial scale and premium positioning within the market. Its most compelling features are its generous 2,258 sqft of living space and its large 7,210 sqft lot, both of which rank in the top tiers for the neighbourhood and city. The assessed value of $767k firmly places it among the elite properties in the area, a status underscored by its previous sale price between $1.05M and $1.1M in mid-2022.

The appeal lies in the rare combination of a classic 1930s-era home with above-average interior space on a lot that offers significant outdoor potential. While the home’s age is notable, it is typical for the well-established North River Heights neighbourhood. This property is not just a home but a substantial asset in a sought-after location.

It would best suit buyers looking for a long-term family home with room to grow or renovate, who value established communities with mature landscapes. It’s also a strong match for value-conscious buyers who understand that premium lot size and living area in a prime neighbourhood often drive long-term appreciation more reliably than a newer build in a less central location.

Section 2: Frequently Asked Questions

1. How does the age of the home (built 1930) impact its value and appeal?
While older than many city-wide averages, the home’s age is consistent with the character of North River Heights. The premium sale price and high assessed value indicate the market places greater weight on lot size, living area, and location than on year built. However, prospective buyers should budget for maintenance or updates typical of a home of this vintage.

2. The assessed value is $767k, but it sold for over $1M in 2022. Why the difference?
Assessed value for property tax purposes often lags behind market value and is calculated using a different methodology. The recent sale price is a clearer indicator of its current market worth, showing it commands a significant premium.

3. What does the lot size offer that a smaller lot doesn’t?
At over 7,200 sqft, the lot is significantly larger than area averages. This provides ample space for gardening, recreation, potential additions (subject to zoning), and greater privacy—a rare commodity in central neighbourhoods.

4. Is the price driven mainly by the house or the land?
The data suggests it's both. The living area is in the top 10% for the area, and the lot is in the top 6%. This combination of a large house on a large lot in a desirable area creates a compounded premium, making it a standout property.

5. How does this property compare to others on Cambridge Street?
It ranks in the top 5% for value and top 8% for living area on its own street, indicating it is one of the larger and more valuable homes on the block. This suggests a well-above-average investment within an already above-average street.