409 Oxford Street

North River Heights, Winnipeg

Property score

64.8

Fair

Overall 64.8 · Smaller than most nearby homes

1,056 sqft (bottom 20%) · Built in 1938 (1 yr newer than avg)

Located in a high-income area with median household income of ~123k

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 3 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 90%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

64.8 is composed by the two sections below.

Property Score

45.4Low
Living Area52
1,056 sqftFair
Year Built22
1938Low
Lot Size53
4,204 sqftFair
Neighbourhood Sales Activity37
Low

Community Score

93.8Excellent
Household Income91
Excellent
Education Level100
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

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: #46110385

Community deep dive

$123K

Median household income

$132K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.7

P90 / P10 ratio

19%

Single-person households

36%

Families with children

Population, labour & age

Population (2021)509
Labour force participation rate70%
Median age41.2
Avg household size2.5
Unemployment rate3%
Population density3635 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households19%
Couple families with children36%
Median household income (2020)$123K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority6%
Bachelor's or higher (25–64)72%
Mother tongue (1st)English · 90%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,056 sqft
0255075100
Same streetBottom 25%Same areaBottom 20%CitywideBottom 34%
Same street · Oxford Street
#222 / 297
Bottom 25% · Avg 1,641 sqft
Same area · North River Heights
#1,725 / 2,168
Bottom 20% · Avg 1,540 sqft
Citywide · Winnipeg
#127,831 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

around average
365k
0255075100
Same streetBottom 18%Same areaBottom 13%CitywideTop 49%
Same street · Oxford Street
#243 / 297
Bottom 18% · Avg 480.4k
Same area · North River Heights
#1,876 / 2,168
Bottom 13% · Avg 479.3k
Citywide · Winnipeg
#94,553 / 194,458
Top 49% · Avg 390.1k

Year Built

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

Lot Size

below average
4,204 sqft
0255075100
Same streetBottom 7%Same areaBottom 10%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

409 Oxford Street — 5 amenities found within 500 m, across 3 categories, including 3 parks (nearest 359 m).

Search radius
🌳Parks3
💪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 6/2024CA$350k–400k
Sold price

Same street

Bottom 36%

Same area

Bottom 33%

City-wide

Top 40%

Related homes

Highlights & common questions: 409 Oxford Street, Winnipeg

Property Overview: 409 Oxford Street, Winnipeg

Key Characteristics & Appeal

This home at 409 Oxford Street in North River Heights is a classic 1938 character bungalow, offering a practical entry point into a desirable, established neighbourhood. With 1,056 sqft of living space and a 4,204 sqft lot, its scale is notably more compact than many neighbouring properties, which typically feature larger homes on bigger lots. This is reflected in its assessed value of $365k, which sits below the local area average but aligns more closely with the broader Winnipeg average.

The primary appeal lies in its location and value proposition. It suits buyers seeking the mature streets, tree canopy, and convenience of North River Heights without the premium price tag of a larger, fully renovated home. It represents an opportunity for a first-time homebuyer, a downsizer, or an investor. The modest scale can be a practical advantage, offering lower maintenance and utility costs. While the home itself is below average in size for the immediate area, its city-wide living area is around average, suggesting a comfortable, efficient layout for many households. The recent sale in mid-2024 within the $350k-$400k range indicates a stable, accessible market position.


Frequently Asked Questions

1. Is this a "fixer-upper" or a move-in ready home?
The listing provides data on size, value, and year built, but not on interior condition. Given its age (1938) and assessed value below neighbourhood averages, prospective buyers should budget for potential updates or repairs common to homes of this era and be prepared to verify the current condition.

2. Why is the assessed value lower than the neighbourhood average?
The data shows the assessed value is in the lower tier for both Oxford Street and North River Heights. This is likely due to the combination of a smaller-than-average living area and lot size for this specific area, and may also reflect the home’s age and condition relative to larger, more updated homes nearby.

3. What are the advantages of a smaller lot in this neighbourhood?
While the lot is below average in size for the area, a 4,204 sqft property still offers decent outdoor space. The key advantages are reduced yard maintenance and potentially lower property taxes compared to neighbouring lots, making it a more manageable and cost-effective option within a premium location.

4. How does the recent sale price compare to the assessment?
The home sold in June 2024 for between $350,000 and $400,000. The assessed value is $365,000, which falls squarely within that sold price range, indicating the assessment is closely aligned with its recent market value.

5. Where can I see more details about nearby properties for comparison?
The listing references a "neighbourhood analysis page" that maps nearby homes and allows for detailed comparison of year built, living area, assessed value, and lot size. This tool can provide concrete visual context for how this property fits within its immediate surroundings.