337 Montrose Street

North River Heights, Winnipeg

Property score

82.6

Excellent

Overall 82.6 · Larger than most nearby homes

2,038 sqft (top 16%) · Built in 1939 (2 yrs newer than avg)

Located in a high-income area with median household income of ~155k

Transit 70.0 · 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

32% larger than neighborhood avg.

Year Built

Near average

2 yrs newer 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

82.6 is composed by the two sections below.

Property Score

73.7Good
Living Area2,038 sqft94Excellent
Year Built193922Low
Lot Size5,997 sqft74Good
Neighbourhood Sales Activity37Low

Community Score

96.0Excellent
Household Income94Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health90Excellent

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
2,038 sqft
0255075100
Same streetTop 24%Same areaTop 16%CitywideTop 10%
Same street · Montrose Street
#70 / 287
Top 24% · Avg 1,766 sqft
Same area · North River Heights
#338 / 2,168
Top 16% · Avg 1,540 sqft
Citywide · Winnipeg
#19,424 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

Elite
738k
0255075100
Same streetTop 8%Same areaTop 5%CitywideTop 3%
Same street · Montrose Street
#22 / 287
Top 8% · Avg 522.7k
Same area · North River Heights
#114 / 2,168
Top 5% · Avg 479.3k
Citywide · Winnipeg
#6,013 / 194,458
Top 3% · Avg 390.1k

Year Built

around average
1939
0255075100
Same streetBottom 34%Same areaTop 40%CitywideBottom 19%

Lot Size

above average
5,997 sqft
0255075100
Same streetTop 50%Same areaTop 18%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

337 Montrose Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 258 m), 1 parks (nearest 346 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 3/2025CA$750k–800k
Sold price

Same street

Top 4%

Same area

Top 5%

City-wide

Top 2%
Sold 8/2020CA$650k–700k
Sold price

Same street

Top 7%

Same area

Top 10%

City-wide

Top 5%

Related homes

Highlights & common questions: 337 Montrose Street, Winnipeg

Property Overview: 337 Montrose Street, Winnipeg

Key Characteristics & Appeal

This home at 337 Montrose Street in North River Heights is a substantial property that stands out for its size and value within its context. Built in 1939, it is a character home of its era, yet its primary appeal lies in its generous proportions. With over 2,000 square feet of living space, it ranks within the top 10-16% of homes in the area and city for size, offering more room than the typical local or Winnipeg house. The nearly 6,000 sqft lot is also notably larger than most in North River Heights, placing it in the top 18% for the neighbourhood.

The property’s assessed value of $738,000 clearly reflects its premium standing, ranking in the elite top 5% for North River Heights and top 3% city-wide. Recent sale data confirms this high-market position. The appeal here is for buyers seeking established character, space, and a solid investment in a desirable area. It suits those who value older home charm but prioritize above-average interior and land size over a newer build date. It’s a property for buyers looking for a home that outperforms neighbourhood and city averages in terms of square footage and lot size, and who are comfortable with the value and potential maintenance profile of a home from the late 1930s.


Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value is significantly higher than averages on Montrose Street, in North River Heights, and across Winnipeg. It ranks in the top 8% on its own street and the top 5% in the neighbourhood, indicating it is considered a premium property relative to nearby homes.

2. Is the lot size a major feature?
Yes. While the lot is around the average for Montrose Street itself, it is well above the average lot size for the broader North River Heights area, offering more outdoor space than most properties in this sought-after neighbourhood.

3. The home was built in 1939. What should I consider?
While its age is typical for the street, it is older than the average Winnipeg home. Prospective buyers should factor in the potential for updates to major systems like plumbing, electrical, or the roof, and appreciate the character and build quality common to homes of this period.

4. The sold price data shows a range. How can I get the exact figure?
The displayed sold price ranges are based on public data. To receive the exact historical sale prices for this property, you can request a manual lookup by email through the listing site. They provide the exact figures directly without using your email for marketing.

5. What does the "elite" ranking for value really mean?
It means this property’s assessed value places it in the highest tier (top ~5%) when compared to all homes in North River Heights and even city-wide. This suggests it possesses a combination of desirable attributes—like location, size, and condition—that the market values exceptionally highly.

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