406 Cordova Street

North River Heights, Winnipeg

Property score

80.2

Excellent

Overall 80.2 · Larger and newer than most nearby homes

2,088 sqft (top 14%) · Built in 1950 (13 yrs newer than avg)

Located in a high-income area with median household income of ~128k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 school, and 2 parks nearby

Living Area

Above average

36% larger than neighborhood avg.

Year Built

Above average

13 yrs newer than neighborhood avg.

Mother tongue

English · 87%French · 2%

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

80.2 is composed by the two sections below.

Property Score

72.2Good
Living Area2,088 sqft94Excellent
Year Built195030Low
Lot Size4,190 sqft53Fair
Neighbourhood Sales Activity37Low

Community Score

92.3Excellent
Household Income91Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46111047

Community deep dive

$128K

Median household income

$134K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.5

P90 / P10 ratio

21%

Single-person households

36%

Families with children

Population, labour & age

Population (2021)482
Labour force participation rate69%
Median age40.8
Avg household size2.6
Unemployment rate11%
Population density3442 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households21%
Couple families with children36%
Median household income (2020)$128K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority10%
Bachelor's or higher (25–64)65%
Mother tongue (1st)English · 86%
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
2,088 sqft
0255075100
Same streetTop 10%Same areaTop 14%CitywideTop 9%
Same street · Cordova Street
#27 / 268
Top 10% · Avg 1,517 sqft
Same area · North River Heights
#308 / 2,168
Top 14% · Avg 1,540 sqft
Citywide · Winnipeg
#17,081 / 194,458
Top 9% · Avg 1,342 sqft

Tax-Assessed Value

above average
619k
0255075100
Same streetTop 10%Same areaTop 12%CitywideTop 7%
Same street · Cordova Street
#28 / 268
Top 10% · Avg 492.7k
Same area · North River Heights
#254 / 2,168
Top 12% · Avg 479.3k
Citywide · Winnipeg
#13,089 / 194,458
Top 7% · Avg 390.1k

Year Built

above average
1950
0255075100
Same streetTop 40%Same areaTop 8%CitywideBottom 28%

Lot Size

below average
4,190 sqft
0255075100
Same streetBottom 12%Same areaBottom 8%CitywideBottom 29%

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

406 Cordova Street — 6 amenities found within 500 m, across 3 categories, including 3 dining (nearest 485 m), 1 education (nearest 196 m), 2 parks (nearest 208 m).

Search radius
🍽️Dining3
🏫Education1
🌳Parks2

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 7/2017CA$550k–600k
Sold price

Same street

Top 19%

Same area

Top 19%

City-wide

Top 11%

Related homes

Highlights & common questions: 406 Cordova Street, Winnipeg

Property Overview: 406 Cordova Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 406 Cordova Street in North River Heights presents a compelling profile centered on spacious living within a well-established neighborhood. Built in 1950, its primary appeal lies in its generous 2,088 sqft of living area, which places it comfortably within the top 10-14% of homes locally for interior space. This is complemented by an assessed value of $619k, which also ranks in the top tier for the street and wider area, suggesting a well-appointed or updated interior relative to peers.

The appeal is nuanced. It offers above-average interior space on a modestly sized 4,190 sqft lot. This combination suits buyers seeking a substantial home without the extensive yard maintenance of larger plots, prioritizing indoor living space over expansive outdoor grounds. It would particularly suit growing families or professionals who value the character and convenience of River Heights and need ample room, but who may not want the upkeep of a massive property. A thoughtful perspective is that while the lot is smaller than average for the area, this often translates to a more efficient use of space and can contribute to a tighter-knit streetscape feel.

Section 2: Frequently Asked Questions

1. How does the lot size impact the property?
While the land area is below the average for North River Heights, the home compensates with significantly above-average living space. This suggests a focus on the home itself rather than extensive grounds, which could mean lower outdoor maintenance.

2. What does the assessed value ranking indicate?
An assessed value in the top 10% on its street and top 12% in the area, while having an older build year, often points to significant updates, a premium location on the block, or desirable architectural features that have been recognized in the valuation.

3. Is the 1950 build year a concern?
The year built is around average for Cordova Street but is actually newer than many homes in North River Heights overall (ranking in the top 8% for the neighborhood). This suggests the home is among the more recent builds in a classic, established area, potentially implying updates to infrastructure or layout compared to even older homes.

4. How can I find the exact past sale price?
The site provides sold price ranges for context. For fully verified, exact historical sale figures, you must request them directly via email, as this data is manually sourced and not displayed publicly due to industry regulations.

5. How does this home compare to nearby properties?
The provided comparisons show nearby homes on Cordova and adjacent streets are typically older and have smaller living areas and lower assessed values. This positions 406 Cordova as a larger and more valuable property within its immediate vicinity.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.