335 Waterloo Street

North River Heights, Winnipeg

Property score

71.9

Good

Overall 71.9 · Older than most nearby homes

1,321 sqft (bottom 38%) · Built in 1924 (13 yrs older than avg)

Located in a high-income area with median household income of ~131k

Transit 70.0 · 8-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 2 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Below average

14% smaller than neighborhood avg.

Year Built

Below average

13 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

71.9 is composed by the two sections below.

Property Score

57.4Fair
Living Area1,321 sqft71Good
Year Built192420Low
Lot Size4,822 sqft60Fair
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

around average
1,321 sqft
0255075100
Same streetBottom 37%Same areaBottom 38%CitywideTop 40%
Same street · Waterloo Street
#202 / 322
Bottom 37% · Avg 1,633 sqft
Same area · North River Heights
#1,349 / 2,168
Bottom 38% · Avg 1,540 sqft
Citywide · Winnipeg
#78,160 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

above average
484k
0255075100
Same streetTop 42%Same areaTop 34%CitywideTop 22%
Same street · Waterloo Street
#136 / 322
Top 42% · Avg 552.1k
Same area · North River Heights
#736 / 2,168
Top 34% · Avg 479.3k
Citywide · Winnipeg
#43,648 / 194,458
Top 22% · Avg 390.1k

Year Built

below average
1924
0255075100
Same streetBottom 8%Same areaBottom 19%CitywideBottom 15%

Lot Size

around average
4,822 sqft
0255075100
Same streetBottom 48%Same areaTop 42%CitywideBottom 40%

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 Waterloo Street — 6 amenities found within 500 m, across 4 categories, including 2 education (nearest 178 m), 2 parks (nearest 431 m).

Search radius
🏫Education2
🌳Parks2
💪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 8/2020CA$350k–400k
Sold price

Same street

Bottom 22%

Same area

Bottom 37%

City-wide

Top 38%

Related homes

Highlights & common questions: 335 Waterloo Street, Winnipeg

Property Overview: 335 Waterloo Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home at 335 Waterloo Street is a classic North River Heights property built in 1924, offering a blend of established character and practical value. With 1,321 square feet of living space on a 4,822 sqft lot, its size is comfortably average for the immediate street and neighbourhood, but positions it above the citywide average for living space. Its assessed value of $484,000 is notably above the Winnipeg average, yet sits below the average for Waterloo Street itself, suggesting a potential value proposition within a desirable location.

The appeal lies in its balance. It’s a home in a mature, sought-after neighbourhood without a premium for extreme size or a completely modern build. It suits buyers who appreciate the stability and tree-lined streets of North River Heights and are looking for a character home with room to grow or personalize. It would also appeal to a value-conscious buyer seeking an entry point into the area, who is comfortable with the maintenance considerations of a century-old home. A thoughtful perspective is that its "below average" year built (102 years old) isn't just a note on potential upkeep; it represents a home with history and likely architectural details absent in newer builds, appealing to those who value uniqueness over modernity.

Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value ($484k) is below the average for Waterloo Street ($552k) but above the averages for both North River Heights ($479k) and Winnipeg overall (~$390k). This indicates it is a mid-range property on its specific street, but a solid investment within the broader market.

2. What should I consider about a home built in 1924?
While offering charm and character, a home of this age will likely have older infrastructure. Prospective buyers should budget for potential updates to systems like wiring, plumbing, or insulation, and are advised to seek a thorough professional inspection.

3. Is the lot size typical for the area?
At 4,822 sqft, the lot is slightly smaller than the average on Waterloo Street but is very close to the average for North River Heights. It provides a generous urban yard space that is consistent with the neighbourhood feel.

4. Can I find out the exact price it last sold for?
The site indicates a sale occurred around August 2020, with a price range of CA$350k–400k. To obtain the exact sale price and full history, you must request a manual lookup via email from the service, as they do not display MLS sold records directly.

5. What does the "above average city-wide" assessed value mean for me?
This suggests the property holds its value well compared to the entire Winnipeg market. For a buyer, it indicates a stable asset in a established neighbourhood, though it also means property taxes will be calculated from a higher base than a truly average city home.

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