350 Borebank Street

North River Heights, Winnipeg

65.0

Good

Overall 65.0

Smaller than most nearby homes

1,021 sqft (bottom 19%)

Built in 1937

Located in a high-income area

with median household income of ~133k

Transit 70.0

7-min walk to transit with 3 nearby routes

Within 500m: 1 school, and 3 parks nearby

Living Area

Below average

34% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 88%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

65.0 is composed by the two sections below.

Property Score

46.4Low
Living Area1,021 sqft52Fair
Year Built193722Low
Lot Size4,560 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

92.9Excellent
Household Income92Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46111049

Community deep dive

$133K

Median household income

$134K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

20%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)597
Labour force participation rate68%
Median age43.2
Avg household size2.4
Unemployment rate4%
Population density2985 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households20%
Couple families with children30%
Median household income (2020)$133K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority5%
Bachelor's or higher (25–64)60%
Mother tongue (1st)English · 88%
Mother tongue (2nd)French · 0%

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

Rankings

Living Area

around average
1,021 sqft
0255075100
Same streetBottom 31%Same areaBottom 19%CitywideBottom 28%
Same street · Borebank Street
#278 / 404
Bottom 31% · Avg 1,211 sqft
Same area · North River Heights
#1,764 / 2,168
Bottom 19% · Avg 1,540 sqft
Citywide · Winnipeg
#139,586 / 194,458
Bottom 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
410k
0255075100
Same streetTop 49%Same areaBottom 32%CitywideTop 36%
Same street · Borebank Street
#196 / 404
Top 49% · Avg 426.2k
Same area · North River Heights
#1,473 / 2,168
Bottom 32% · Avg 479.3k
Citywide · Winnipeg
#69,891 / 194,458
Top 36% · Avg 390.1k

Year Built

around average
1937
0255075100
Same streetBottom 22%Same areaTop 44%CitywideBottom 18%

Lot Size

around average
4,560 sqft
0255075100
Same streetBottom 22%Same areaBottom 33%CitywideBottom 35%

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

350 Borebank Street — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 409 m), 3 parks (nearest 334 m).

Search radius
🏫Education1
🌳Parks3

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 11/2024CA$400k–450k
Sold price

Same street

Top 32%

Same area

Top 49%

City-wide

Top 28%

Related homes

Highlights & common questions: 350 Borebank Street, Winnipeg

Property Summary: 350 Borebank Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 350 Borebank Street in North River Heights is a classic, early 20th-century property built in 1937. With 1,021 square feet of living space on a 4,560 sqft lot, it presents a more compact and manageable footprint compared to many area homes. Its assessed value of $410,000 is competitively positioned, sitting slightly below the neighbourhood average but above the city-wide average, suggesting a value proposition within a desirable area.

The primary appeal lies in its location within the established North River Heights community, coupled with its efficient scale. It suits first-time homebuyers, downsizers, or investors looking for an entry point into a mature neighbourhood without the upkeep of a larger property. A thoughtful perspective is that its smaller lot and living area, while below street and area averages, translate to lower maintenance costs and utility expenses—a practical advantage. The home’s age (older than 78% of houses on its street) indicates character and potential for updates, appealing to those who appreciate classic architecture and are prepared for the considerations of an older home.

Section 2: Frequently Asked Questions

1. How does the property’s size compare to its neighbours?
At 1,021 sqft, the living area is smaller than the average home on Borebank Street (~1,211 sqft) and in North River Heights overall (~1,540 sqft). This indicates a cozier, more efficient layout.

2. Is the assessed value in line with the area?
The $410,000 assessment is very close to the street average ($426k) and below the broader neighbourhood average ($479k), but above the Winnipeg city-wide average ($390k). This positions it as a mid-range value within its immediate locale.

3. What should I consider about the year it was built?
Built in 1937, the home is older than most on its street. Buyers should factor in the potential for older building materials, systems like plumbing and electrical, and the need for updates, while also appreciating the character of a pre-war build.

4. How does the lot size impact the property?
The 4,560 sqft lot is below the street average. This means a smaller yard for maintenance, but also less outdoor upkeep. It’s close to the average for North River Heights, so it’s not atypical for the community.

5. Where can I get verified sold price data for this home?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the exact sale history and figures via email from the site’s team, who will provide a manual lookup.

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