369 Montrose Street

North River Heights, Winnipeg

Property score

83.6

Excellent

Overall 83.6 · Larger than most nearby homes

2,261 sqft (top 10%) · Built in 1942 (5 yrs newer than avg)

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

Transit 70.0 · 7-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

47% larger than neighborhood avg.

Year Built

Near average

5 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

83.6 is composed by the two sections below.

Property Score

75.3Good
Living Area2,261 sqft96Excellent
Year Built194224Low
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
2,261 sqft
0255075100
Same streetTop 16%Same areaTop 10%CitywideTop 6%
Same street · Montrose Street
#46 / 287
Top 16% · Avg 1,766 sqft
Same area · North River Heights
#217 / 2,168
Top 10% · Avg 1,540 sqft
Citywide · Winnipeg
#10,822 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

Elite
789k
0255075100
Same streetTop 5%Same areaTop 4%CitywideTop 2%
Same street · Montrose Street
#14 / 287
Top 5% · Avg 522.7k
Same area · North River Heights
#85 / 2,168
Top 4% · Avg 479.3k
Citywide · Winnipeg
#4,616 / 194,458
Top 2% · Avg 390.1k

Year Built

around average
1942
0255075100
Same streetBottom 36%Same areaTop 32%CitywideBottom 20%

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

369 Montrose Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 303 m), 1 parks (nearest 277 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 8/2019CA$450k–500k
Sold price

Same street

Top 45%

Same area

Top 31%

City-wide

Top 19%

Related homes

Highlights & common questions: 369 Montrose Street, Winnipeg

Property Overview: 369 Montrose Street, Winnipeg

Key Characteristics & Appeal

This home at 369 Montrose Street in North River Heights is defined by its substantial size and premium valuation within a well-established neighbourhood. The key appeal lies in its generous 2,261 sqft of living area, which places it comfortably within the top 10-16% of homes locally, offering significantly more space than the average area or citywide home. This is complemented by an above-average lot size of nearly 6,000 sqft for the neighbourhood, providing ample outdoor space.

The property’s most striking characteristic is its assessed value of $789,000, which ranks in the elite top 5% on its street and top 4% in North River Heights. This indicates it is considered a high-calibre home for the area, likely due to a combination of its size, condition, and location. Built in 1942, its age is typical for the historic character of the street, suggesting it may offer classic architectural charm with the potential for modern updates.

This home would best suit buyers looking for a spacious, established property in a prime inner-city neighbourhood. It appeals to those who value room to grow, a large yard, and a home that stands out in terms of investment and stature within a desirable community. It’s a solid choice for someone less concerned with a brand-new build and more focused on proven value, space, and location.


Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $789,000 is for municipal tax purposes and is a strong indicator of the home’s high standing in the market. However, the final sale price is determined by current market conditions. The home last sold between $450,000-$500,000 in 2019, highlighting significant appreciation.

2. Is a home from 1942 a concern?
The age is typical for North River Heights, a neighbourhood prized for its character homes. While this means potential for charming original features, it also necessitates a thorough inspection to understand the condition of major systems like plumbing, electrical, and the roof, which may have been updated over time.

3. What does the "elite" value ranking practically mean for me?
It confirms you are looking at one of the more substantial and likely well-appointed homes in the area. It also means your property taxes will be commensurate with this high valuation. The benefit is owning a top-tier asset in the neighbourhood.

4. The lot is above average for the area but average citywide. Why?
This reflects the neighbourhood’s character. North River Heights features mature, generous lots compared to many newer subdivisions. While some newer areas may have larger lots, they often lack the established trees, central location, and character that this lot in North River Heights provides.

5. Can I see the exact historical sale prices?
For precise sale figures and a full transaction history, you must request a manual lookup via email from the site. Public records show price ranges for privacy, but verified data can be provided directly upon request.

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