335 Niagara Street

North River Heights, Winnipeg

74.2

Good

Overall 74.2

Older than most nearby homes

1,542 sqft (top 44%)

Built in 1922 (15 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: 2 schools, 1 park, 1 sports facility, and 1 place of worship nearby

Living Area

Near average

0% larger than neighborhood avg.

Year Built

Below average

15 yrs older 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

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Property score

74.2 is composed by the two sections below.

Property Score

61.2Fair
Living Area1,542 sqft79Good
Year Built192220Low
Lot Size4,307 sqft53Fair
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
1,542 sqft
0255075100
Same streetTop 39%Same areaTop 44%CitywideTop 28%
Same street · Niagara Street
#134 / 343
Top 39% · Avg 1,491 sqft
Same area · North River Heights
#944 / 2,168
Top 44% · Avg 1,540 sqft
Citywide · Winnipeg
#54,747 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

above average
528k
0255075100
Same streetTop 21%Same areaTop 24%CitywideTop 16%
Same street · Niagara Street
#71 / 343
Top 21% · Avg 476.8k
Same area · North River Heights
#522 / 2,168
Top 24% · Avg 479.3k
Citywide · Winnipeg
#30,313 / 194,458
Top 16% · Avg 390.1k

Year Built

below average
1922
0255075100
Same streetBottom 10%Same areaBottom 14%CitywideBottom 14%

Lot Size

around average
4,307 sqft
0255075100
Same streetBottom 17%Same areaBottom 14%CitywideBottom 31%

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

335 Niagara Street — 5 amenities found within 500 m, across 4 categories, including 2 education (nearest 272 m), 1 parks (nearest 361 m).

Search radius
🏫Education2
🌳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 10/2024CA$550k–600k
Sold price

Same street

Top 14%

Same area

Top 18%

City-wide

Top 10%

Related homes

Highlights & common questions: 335 Niagara Street, Winnipeg

Property Overview: 335 Niagara Street, Winnipeg

Key Characteristics & Appeal

This home at 335 Niagara Street in North River Heights is a property defined by its strong value proposition and established character. Built in 1922, it is an older home in the context of its immediate street and neighbourhood, which typically suggests classic architectural details and a mature setting. With 1,542 sqft of living space, it offers above-average interior space citywide and is on par with the norm for the North River Heights area.

The primary appeal lies in its significant assessed value of $528,000, which ranks well above average on its street, in the neighbourhood, and across Winnipeg. This indicates a property that is perceived to have substantial worth relative to its peers, likely due to factors like its size, condition, location, or improvements. The sold price range from late 2024 (CA$550k–600k) further confirms a strong market position. The lot, at 4,307 sqft, is slightly smaller than others nearby but is around the citywide average.

This home would best suit a buyer who appreciates the charm and solidity of a century-old home in a desirable established neighbourhood, and who views its above-average valuation as a marker of a sound investment or a well-maintained asset. It’s for those less concerned with having the newest house on the block or the largest yard, and more focused on secure value and space in a prime location.


Frequently Asked Questions

1. How does the age of this home (1922) affect its value and appeal?
While older than most on its street, the home’s above-average assessed and sold prices suggest its age has not diminished its market value. This often points to good maintenance, updates, or desirable period features that offset newer construction appeal.

2. The lot size is noted as below average for the area. Is that a major drawback?
It depends on priorities. The lot is still a standard city size and provides typical yard space. The trade-off is that the property’s value is clearly driven more by the home's living area and overall premium, making it ideal for those who prioritize indoor space over extensive outdoor land.

3. What does the "above average" assessed value really tell me?
It indicates that municipal assessors have valued this property higher than most comparable homes across multiple scales. This generally reflects a combination of factors like location, building size, quality, and improvements, positioning it as a premium offering within its peer group.

4. The sold price range is from late 2024. Is that price reliable for today’s market?
It is a very recent and strong indicator of the home’s market value at that time. While markets can shift, this data point provides a concrete benchmark from less than a year ago, showing what buyers were willing to pay.

5. How can I get the exact sold price?
The exact sold price is not publicly displayed online due to industry data rules. You can request the exact figure by emailing the site via the provided link. They will manually look up and provide the verified transaction history directly.

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