418 Waterloo Street

North River Heights, Winnipeg

Property score

73.3

Good

Overall 73.3 · Newer than most nearby homes

1,428 sqft (bottom 48%) · Built in 1944 (7 yrs newer than avg)

Located in a high-income area with median household income of ~126k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 1 sports facility nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 84%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

73.3 is composed by the two sections below.

Property Score

60.6Fair
Living Area1,428 sqft75Good
Year Built194424Low
Lot Size4,821 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

92.4Excellent
Household Income91Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110384

Community deep dive

$126K

Median household income

$128K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

18%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)410
Labour force participation rate68%
Median age44.0
Avg household size2.6
Unemployment rate6%
Population density2157 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households18%
Couple families with children37%
Median household income (2020)$126K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$404K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority12%
Bachelor's or higher (25–64)70%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Chinese · 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
1,428 sqft
0255075100
Same streetBottom 49%Same areaBottom 48%CitywideTop 34%
Same street · Waterloo Street
#164 / 322
Bottom 49% · Avg 1,633 sqft
Same area · North River Heights
#1,133 / 2,168
Bottom 48% · Avg 1,540 sqft
Citywide · Winnipeg
#66,607 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
462k
0255075100
Same streetTop 50%Same areaTop 43%CitywideTop 26%
Same street · Waterloo Street
#160 / 322
Top 50% · Avg 552.1k
Same area · North River Heights
#935 / 2,168
Top 43% · Avg 479.3k
Citywide · Winnipeg
#51,121 / 194,458
Top 26% · Avg 390.1k

Year Built

above average
1944
0255075100
Same streetBottom 43%Same areaTop 28%CitywideBottom 21%

Lot Size

around average
4,821 sqft
0255075100
Same streetBottom 23%Same areaTop 48%CitywideBottom 40%

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

418 Waterloo Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 340 m), 2 parks (nearest 243 m).

Search radius
🏫Education1
🌳Parks2
💪Sports1

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 7/2022CA$500k–550k
Sold price

Same street

Top 45%

Same area

Top 26%

City-wide

Top 16%

Related homes

Highlights & common questions: 418 Waterloo Street, Winnipeg

Property Overview: 418 Waterloo Street, Winnipeg

Key Characteristics & Appeal

This home on Waterloo Street in North River Heights presents a solid, mid-century property built in 1944. With 1,428 sqft of living space and a 4,821 sqft lot, its size is comfortably average for the neighbourhood and city. The data reveals a nuanced position: while the lot is smaller than most on its street, the home's assessed value of $462k sits above the Winnipeg citywide average, suggesting a desirable location. It last sold in mid-2022 for an estimated $500k-$550k, a price point that ranked highly compared to citywide sales.

The appeal lies in its established, mature neighbourhood setting and its relative value within the broader Winnipeg market. It suits practical buyers looking for a character home in a prime area without an oversized lot to maintain. It’s a property that trades some interior and land space (compared to immediate street averages) for the enduring appeal and stability of North River Heights. A thoughtful perspective is that this home represents a balanced entry into a sought-after area—you’re paying more for the location than for an exceptionally large house or yard, which could be ideal for those prioritizing community over expansive private space.

Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value is around the middle of the pack on Waterloo Street itself, but it ranks above average for both the North River Heights area and significantly higher than the Winnipeg citywide average. This indicates you are investing in a well-regarded location.

2. Is the lot size a disadvantage?
At 4,821 sqft, the lot is below the average for Waterloo Street but is typical for North River Heights overall. It means less yard maintenance than larger lots on the street, which could be a benefit for some, but offers less private outdoor space than some direct neighbours.

3. What does the sold price data from 2022 tell us?
The estimated sale price range of $500k-$550k in July 2022 placed it in the top 26% of sales for North River Heights and the top 16% citywide at that time, highlighting strong market demand for properties in this location.

4. Are homes from the 1940s a concern?
Built in 1944, the home is older than the Winnipeg city average but is typical for North River Heights. This suggests potential for classic architectural charm but also means a thorough inspection is crucial to understand the condition of major aging components like the roof, plumbing, and wiring.

5. How can I get the exact historical sale prices?
The exact sale figures are not publicly displayed due to industry regulations. You can request the full transaction history by emailing the site directly; they will provide the verified details manually at no cost.

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