415 Cambridge Street

North River Heights, Winnipeg

78.7

Good

Overall 78.7

Larger than most nearby homes

1,828 sqft (top 25%)

Built in 1938 (1 yr newer than avg)

Located in a high-income area

with median household income of ~123k

Transit 74.0

5-min walk to transit with 2 nearby routes

Within 500m: 3 parks, 1 sports facility, and 2 place of worships nearby

Living Area

Above average

19% larger 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

78.7 is composed by the two sections below.

Property Score

68.6Good
Living Area1,828 sqft89Excellent
Year Built193822Low
Lot Size4,798 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

93.8Excellent
Household Income91Excellent
Education Level100Excellent
Housing Stress100Excellent
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: #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

above average
1,828 sqft
0255075100
Same streetTop 22%Same areaTop 25%CitywideTop 16%
Same street · Cambridge Street
#42 / 195
Top 22% · Avg 1,332 sqft
Same area · North River Heights
#536 / 2,168
Top 25% · Avg 1,540 sqft
Citywide · Winnipeg
#31,351 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
550k
0255075100
Same streetTop 17%Same areaTop 20%CitywideTop 13%
Same street · Cambridge Street
#34 / 195
Top 17% · Avg 421.7k
Same area · North River Heights
#428 / 2,168
Top 20% · Avg 479.3k
Citywide · Winnipeg
#24,681 / 194,458
Top 13% · Avg 390.1k

Year Built

around average
1938
0255075100
Same streetBottom 25%Same areaTop 42%CitywideBottom 19%

Lot Size

around average
4,798 sqft
0255075100
Same streetBottom 24%Same areaBottom 35%CitywideBottom 39%

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

415 Cambridge Street — 6 amenities found within 500 m, across 3 categories, including 3 parks (nearest 410 m).

Search radius
🌳Parks3
💪Sports1
Worship2

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 7/2024CA$550k–600k
Sold price

Same street

Top 7%

Same area

Top 14%

City-wide

Top 7%
Sold 5/2017CA$400k–450k
Sold price

Same street

Top 27%

Same area

Top 48%

City-wide

Top 27%

Related homes

Highlights & common questions: 415 Cambridge Street, Winnipeg

Property Overview: 415 Cambridge Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home at 415 Cambridge Street is a compelling property defined by its generous interior space within a well-established neighbourhood. Built in 1938, it is an older character home that offers significantly above-average living space. With 1,828 square feet, it ranks in the top 25% for size both in North River Heights and citywide, providing more room than most comparable properties. This is paired with a high assessed value of $550,000, which also places it well above average for the street, neighbourhood, and city, indicating its perceived market worth.

The appeal lies in this combination of spaciousness and location. It suits buyers looking for the character and mature streetscapes of North River Heights who prioritize interior square footage over a large yard, as the lot size is slightly below average for the area. The sales history shows strong appreciation, last selling between $550k-$600k in mid-2024, a notable increase from its 2017 sale in the $400k-$450k range. This property would best suit a buyer who values established communities, appreciates a home with history, and wants ample living space without necessarily requiring the largest lot on the block. It represents a solid, above-average offering in a desirable area.

Frequently Asked Questions

1. How does the age of the home (built in 1938) affect its value?
While the home is older than many on its street, its above-average assessed and recent sale value suggest its spacious layout and location outweigh the age factor. Buyers should budget for potential updates common to homes of this era, but the data indicates the market rewards its specific attributes.

2. Is the lot size a disadvantage?
The land area is modest for the street but is around the neighbourhood average. This could be a plus for buyers seeking lower outdoor maintenance, though it may offer less space for expansions or large landscaping projects compared to some immediate neighbours.

3. What does the sold price history tell us?
The significant increase in sale price from 2017 to 2024 demonstrates strong value growth. This trend suggests the property is in a stable or appreciating area, but it also means the current price reflects its recent market peak.

4. Who are the most likely buyers for this property?
It’s well-suited for growing families or professionals needing space in a central, established neighbourhood. It may also appeal to buyers transitioning from newer, smaller homes who want character and room without moving to the distant suburbs.

5. How can I verify the exact past sale prices?
The site provides estimated price ranges. To obtain the precise sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.

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