355 Niagara Street

North River Heights, Winnipeg

75.6

Good

Overall 75.6

Compared with neighbourhood average

1,600 sqft (top 39%)

Built in 1929 (8 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, 2 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Near average

4% larger than neighborhood avg.

Year Built

Near average

8 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

75.6 is composed by the two sections below.

Property Score

63.6Fair
Living Area1,600 sqft83Excellent
Year Built192920Low
Lot Size4,308 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
1,600 sqft
0255075100
Same streetTop 34%Same areaTop 39%CitywideTop 25%
Same street · Niagara Street
#116 / 343
Top 34% · Avg 1,491 sqft
Same area · North River Heights
#855 / 2,168
Top 39% · Avg 1,540 sqft
Citywide · Winnipeg
#49,351 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
510k
0255075100
Same streetTop 26%Same areaTop 27%CitywideTop 18%
Same street · Niagara Street
#90 / 343
Top 26% · Avg 476.8k
Same area · North River Heights
#589 / 2,168
Top 27% · Avg 479.3k
Citywide · Winnipeg
#35,367 / 194,458
Top 18% · Avg 390.1k

Year Built

around average
1929
0255075100
Same streetBottom 36%Same areaBottom 43%CitywideBottom 17%

Lot Size

around average
4,308 sqft
0255075100
Same streetBottom 22%Same areaBottom 15%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

355 Niagara Street — 6 amenities found within 500 m, across 4 categories, including 2 education (nearest 288 m), 2 parks (nearest 322 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 5/2019CA$450k–500k
Sold price

Same street

Top 24%

Same area

Top 28%

City-wide

Top 18%

Related homes

Highlights & common questions: 355 Niagara Street, Winnipeg

Property Overview: 355 Niagara Street, Winnipeg

Key Characteristics & Appeal

This home at 355 Niagara Street in North River Heights presents a solid, above-average offering in several key areas. With 1,600 sqft of living space, it provides more room than the typical Winnipeg home and is competitively sized for its immediate neighborhood and area. Its assessed value of $510,000 is consistently above average—ranking in the top 30% on its street, in North River Heights, and across the entire city—suggesting it is a substantial property within the market.

Built in 1929, the home is characteristic of the neighborhood's established charm. While its lot size of 4,308 sqft is slightly smaller than others on the block, it remains a generous city parcel. The home last sold in May 2019 for between $450,000 and $500,000, indicating a history of value appreciation.

Its appeal lies in its position as a well-sized, valuable asset in a desirable, mature neighborhood. It would suit buyers looking for a character home with proven investment strength, or those seeking a spacious property that outperforms city-wide averages without being the largest lot on the street. A thoughtful perspective is that this property offers the established neighborhood feel many seek, but with a lot size that may mean less yard maintenance than some neighboring homes.


Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value of $510,000 is above the average for Niagara Street, North River Heights, and Winnipeg as a whole, placing it in the top 18-27% of comparable properties citywide.

2. Is the living space considered large for the area?
At 1,600 sqft, the living area is larger than the Winnipeg average and is competitive within North River Heights. It offers more space than about 75% of homes across the city.

3. What should I know about the age of the home?
Built in 1929, the home is older than most in Winnipeg but is typical for the well-established North River Heights neighborhood. Prospective buyers should factor in the potential for updates and maintenance common with homes of this vintage.

4. How can I find out the exact price it last sold for?
The public sold price data shows a range of CA$450,000–$500,000 from May 2019. For fully verified and exact historical sale figures, you can request a manual lookup by email through the listing site.

5. Is the lot size a disadvantage?
The lot is 4,308 sqft, which is slightly below the average for Niagara Street and North River Heights. However, it is close to the city-wide average for comparable homes and still provides a substantial yard space typical of the area.

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