400 Niagara Street

North River Heights, Winnipeg

Property score

76.9

Good

Overall 76.9 · Larger than most nearby homes

1,766 sqft (top 28%) · Built in 1938 (1 yr newer than avg)

Located in a high-income area with median household income of ~131k

Transit 70.0 · 5-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

Above average

15% larger than neighborhood avg.

Year Built

Near average

1 yrs newer 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

76.9 is composed by the two sections below.

Property Score

65.8Good
Living Area1,766 sqft86Excellent
Year Built193822Low
Lot Size4,490 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
1,766 sqft
0255075100
Same streetTop 23%Same areaTop 28%CitywideTop 18%
Same street · Niagara Street
#79 / 343
Top 23% · Avg 1,491 sqft
Same area · North River Heights
#610 / 2,168
Top 28% · Avg 1,540 sqft
Citywide · Winnipeg
#35,817 / 194,458
Top 18% · Avg 1,342 sqft

Tax-Assessed Value

above average
482k
0255075100
Same streetTop 34%Same areaTop 35%CitywideTop 23%
Same street · Niagara Street
#115 / 343
Top 34% · Avg 476.8k
Same area · North River Heights
#749 / 2,168
Top 35% · Avg 479.3k
Citywide · Winnipeg
#44,347 / 194,458
Top 23% · Avg 390.1k

Year Built

around average
1938
0255075100
Same streetBottom 43%Same areaTop 42%CitywideBottom 19%

Lot Size

around average
4,490 sqft
0255075100
Same streetTop 47%Same areaBottom 29%CitywideBottom 34%

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

400 Niagara Street — 6 amenities found within 500 m, across 4 categories, including 2 education (nearest 328 m), 2 parks (nearest 280 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$350k–400k
Sold price

Same street

Bottom 24%

Same area

Bottom 35%

City-wide

Top 40%

Related homes

Highlights & common questions: 400 Niagara Street, Winnipeg

Property Overview: 400 Niagara Street, Winnipeg

Key Characteristics & Appeal

This home at 400 Niagara Street in North River Heights is a well-established property that offers strong value through its generous living space. Built in 1938, it presents a classic character home opportunity. Its primary appeal lies in its above-average interior size; with 1,766 square feet of living area, it ranks in the top quarter of homes on its street, in the neighbourhood, and across the entire city. This means you get significantly more house for your dollar compared to many Winnipeg properties.

The assessed value of $482,000 is very typical for North River Heights and Niagara Street, but is notably above the city-wide average, reinforcing the desirability of the area. The lot size of 4,490 sqft is standard for the street but slightly below average for the neighbourhood, suggesting a focus on the home itself rather than expansive outdoor space. A thoughtful perspective for buyers is that this property represents a balanced, middle-of-the-road option on a street of similar homes—it’s not the largest or newest, but it holds its own with solid space and value. It last sold in mid-2019 for an estimated $350k-$400k, indicating substantial equity growth since then.

This home would best suit buyers looking for the character and space of an older home in a prime central neighbourhood, who prioritize interior square footage over a massive yard. It’s ideal for someone who appreciates a stable, established community where property values are consistently strong.

Frequently Asked Questions

1. How does the home’s size compare to others?
The 1,766 sqft living area is a standout feature. It is larger than approximately 77% of homes on Niagara Street, 72% in North River Heights, and 82% of homes across Winnipeg.

2. Is the assessed value in line with the neighbourhood?
Yes. The $482,000 assessment is almost identical to the average for both Niagara Street and North River Heights as a whole, indicating it is fairly valued within this desirable area.

3. What is the lot size like?
The 4,490 sqft lot is very typical for Niagara Street but is somewhat smaller than the average lot in the broader North River Heights neighbourhood.

4. When was it last sold and for how much?
Records show it was sold in May 2019. The public price data indicates a sold price range of CA$350,000 to $400,000. For verified, exact historical sale figures, you can request a manual lookup from the site.

5. How does its age compare to other homes?
Built in 1938, it is older than most homes across Winnipeg but is very typical for the North River Heights area, where many homes date from the same early-to-mid 20th century period.

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