353 Cambridge Street

North River Heights, Winnipeg

Property score

83.7

Excellent

Overall 83.7 · Larger than most nearby homes

2,153 sqft (top 13%) · Built in 1928 (9 yrs older than avg)

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

Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 sports facility, and 1 place of worship nearby

Living Area

Above average

40% larger than neighborhood avg.

Year Built

Below average

9 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

83.7 is composed by the two sections below.

Property Score

75.4Good
Living Area94
2,153 sqftExcellent
Year Built20
1928Low
Lot Size88
7,211 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

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: #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.

Rankings

Living Area

above average
2,153 sqft
0255075100
Same streetTop 11%Same areaTop 13%CitywideTop 7%
Same street · Cambridge Street
#22 / 195
Top 11% · Avg 1,332 sqft
Same area · North River Heights
#277 / 2,168
Top 13% · Avg 1,540 sqft
Citywide · Winnipeg
#14,475 / 194,458
Top 7% · Avg 1,342 sqft

Tax-Assessed Value

above average
608k
0255075100
Same streetTop 11%Same areaTop 13%CitywideTop 7%
Same street · Cambridge Street
#22 / 195
Top 11% · Avg 421.7k
Same area · North River Heights
#276 / 2,168
Top 13% · Avg 479.3k
Citywide · Winnipeg
#14,357 / 194,458
Top 7% · Avg 390.1k

Year Built

around average
1928
0255075100
Same streetBottom 17%Same areaBottom 37%CitywideBottom 17%

Lot Size

Elite
7,211 sqft
0255075100
Same streetTop 18%Same areaTop 5%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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

353 Cambridge Street — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 441 m).

Search radius
🏫Education1
💪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 6/2021CA$550k–600k
Sold price

Same street

Top 9%

Same area

Top 18%

City-wide

Top 10%

Related homes

Highlights & common questions: 353 Cambridge Street, Winnipeg

Property Summary: 353 Cambridge Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home in North River Heights is defined by its generous proportions and established character. Its primary appeal lies in offering above-average space both inside and out, situated on a large, desirable lot. With over 2,150 sqft of living area, the home provides significantly more interior space than most comparable properties on its street, in the neighbourhood, and across Winnipeg. The nearly 7,211 sqft lot is particularly noteworthy, ranking in the top 5% of North River Heights for land area, which presents ample room for gardens, recreation, or expansion.

Built in 1928, the home is one of the older properties on the block, suggesting classic architectural charm but also indicating that its condition and updates will be a key consideration for buyers. The assessed value of $608k reflects its premium positioning relative to peers. This property would best suit buyers who prioritize space and location over a newer build—specifically, those looking for a character home with room to grow, or who value the potential of a large lot in a prime central neighbourhood. It appeals to those comfortable with the maintenance or renovation possibilities that come with a home of this vintage.

Section 2: Frequently Asked Questions

1. How does the home’s age impact its value and appeal?
While older than many area homes, its age is typical for the neighbourhood's character. The higher assessed value suggests the lot size, living area, and location outweigh the age factor, but a thorough inspection is essential to understand the condition and any needed updates.

2. What does the "Elite" ranking for land area mean practically?
Ranking in the top 5% for lot size in North River Heights means you are getting a property with significantly more outdoor space than is typical. This allows for greater privacy, landscaping potential, and is a rare find in mature neighbourhoods.

3. The sold price from 2021 is shown as a range. What is the exact figure and how has the market changed?
Exact sold prices are provided upon request via email. Comparing that 2021 sale range to the current $608k assessment can indicate market trends, but an assessment is for tax purposes and may not reflect current market value. A comparative market analysis is recommended.

4. The living area is large compared to the street average. Is the home simply bigger, or could it be configured differently?
At over 2,150 sqft, it is substantially larger than the ~1,332 sqft street average. This could mean more bedrooms, larger rooms, or a more functional layout. Reviewing the floor plan is necessary to understand the specific configuration.

5. Are there any concerns with such a high assessed value relative to neighbours?
A higher assessment typically means higher property taxes. While it indicates the city views the property as more valuable, it’s wise to research recent sales of similar-sized homes in the area to gauge if the assessment aligns with the current market.