376 Montrose Street

North River Heights, Winnipeg

Property score

72.5

Good

Overall 72.5 · Compared with neighbourhood average

1,296 sqft (bottom 36%) · Built in 1930 (7 yrs older 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

Below average

16% smaller than neighborhood avg.

Year Built

Near average

7 yrs older 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

72.5 is composed by the two sections below.

Property Score

56.9Fair
Living Area1,296 sqft66Good
Year Built193022Low
Lot Size5,998 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

around average
1,296 sqft
0255075100
Same streetBottom 20%Same areaBottom 36%CitywideTop 42%
Same street · Montrose Street
#231 / 287
Bottom 20% · Avg 1,766 sqft
Same area · North River Heights
#1,392 / 2,168
Bottom 36% · Avg 1,540 sqft
Citywide · Winnipeg
#81,402 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
535k
0255075100
Same streetTop 38%Same areaTop 22%CitywideTop 15%
Same street · Montrose Street
#108 / 287
Top 38% · Avg 522.7k
Same area · North River Heights
#484 / 2,168
Top 22% · Avg 479.3k
Citywide · Winnipeg
#28,435 / 194,458
Top 15% · Avg 390.1k

Year Built

around average
1930
0255075100
Same streetBottom 32%Same areaBottom 48%CitywideBottom 18%

Lot Size

above average
5,998 sqft
0255075100
Same streetTop 39%Same areaTop 16%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

376 Montrose Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 356 m), 1 parks (nearest 296 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 2/2018CA$400k–450k
Sold price

Same street

Bottom 44%

Same area

Top 46%

City-wide

Top 26%

Related homes

Highlights & common questions: 376 Montrose Street, Winnipeg

Property Overview: 376 Montrose Street, North River Heights, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 376 Montrose Street is a classic 1930s character property in the established North River Heights neighbourhood. With 1,296 sqft of living space, it is a more compact option on its street but sits on a generous and above-average lot of nearly 6,000 sqft for the area. This presents a classic trade-off: the house itself is modest in size compared to some neighbours, but the land parcel offers valuable outdoor space and potential.

Its primary appeal lies in its location and value proposition within a desirable area. The assessed value of $535k is notably above average for both the wider city and the North River Heights area, suggesting the market recognizes the premium for this location. It suits buyers seeking an entry point into a mature neighbourhood who value a larger yard over square footage, or those with a vision for future expansion or landscaping. The character of a 96-year-old home will attract those who appreciate heritage charm but requires a buyer comfortable with the maintenance and update needs typical of a house of this era.

A less obvious perspective is its competitive standing. While the home's size is below the street average, its assessed value holds its own locally and excels in broader comparisons. This indicates that factors like lot size, location, and the character of the home itself are significant drivers of its worth, potentially offering a more stable investment rooted in land value.

Section 2: Frequently Asked Questions

1. Is the house smaller than others in the area?
Yes. At 1,296 sqft, the living area is below the average for Montrose Street and about average for the broader North River Heights area. The appeal here is balanced by the larger-than-average lot size.

2. What does the assessed value tell us?
The $535k assessment is above average for both North River Heights and Winnipeg overall. This typically reflects the desirable location, lot size, and the property's market value as determined for tax purposes.

3. How old is the home, and what should I consider?
The home was built in 1930. Buyers should budget for potential updates to older mechanical systems (like plumbing or wiring) and consider the maintenance inherent to a character home, while also appreciating the craftsmanship and charm of that era.

4. What is the potential based on the lot size?
The lot of 5,998 sqft is a standout feature, being above average for North River Heights. This offers excellent outdoor space for gardens, recreation, or future additions like a garage, deck, or even an expansion, subject to local zoning.

5. Where can I find exact historical sale prices?
The site notes that exact sold price data is not displayed publicly due to industry rules. You can request the full transaction history and exact figures by emailing the provided contact, which they will manually look up and send.

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