419 Waterloo Street

North River Heights, Winnipeg

Property score

57.8

Fair

Overall 57.8 · Smaller but newer than most nearby homes

867 sqft (bottom 7%) · Built in 1944 (7 yrs newer than avg)

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

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 1 sports facility nearby

Living Area

Below average

44% smaller than neighborhood avg.

Year Built

Above average

7 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

57.8 is composed by the two sections below.

Property Score

34.8Low
Living Area867 sqft32Low
Year Built194424Low
Lot Size4,822 sqft60Fair
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

below average
867 sqft
0255075100
Same streetBottom 2%Same areaBottom 7%CitywideBottom 14%
Same street · Waterloo Street
#317 / 322
Bottom 2% · Avg 1,633 sqft
Same area · North River Heights
#2,017 / 2,168
Bottom 7% · Avg 1,540 sqft
Citywide · Winnipeg
#167,630 / 194,458
Bottom 14% · Avg 1,342 sqft

Tax-Assessed Value

around average
387k
0255075100
Same streetBottom 12%Same areaBottom 21%CitywideTop 42%
Same street · Waterloo Street
#283 / 322
Bottom 12% · Avg 552.1k
Same area · North River Heights
#1,710 / 2,168
Bottom 21% · Avg 479.3k
Citywide · Winnipeg
#81,326 / 194,458
Top 42% · Avg 390.1k

Year Built

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

Lot Size

around average
4,822 sqft
0255075100
Same streetBottom 48%Same areaTop 42%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

419 Waterloo Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 362 m), 2 parks (nearest 294 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 11/2022CA$300k–350k
Sold price

Same street

Bottom 7%

Same area

Bottom 20%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 419 Waterloo Street, Winnipeg

Property Overview: 419 Waterloo Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 419 Waterloo Street in North River Heights is defined by its compact efficiency and its position in a well-established neighborhood. Built in 1944, it sits on a roughly 4,800 sqft lot, which is typical for the area. The most defining characteristic is its living space: at 867 sqft, it is notably smaller than most homes on its street and in North River Heights, placing it in the bottom tier for size locally. This translates directly to its assessed value of $387k, which is below the area average but aligns closely with the average for the entire city.

Its appeal lies in being an attainable entry point into a desirable, mature neighborhood. The value is in the location and the land, not in a large or modernized structure. It suits practical buyers such as first-time homeowners comfortable with a cozy footprint, downsizers seeking a manageable property without leaving the area, or investors looking for a rental property in a stable location. A thoughtful perspective is that this property represents the "bones" of the neighborhood—it offers a chance to own a classic lot and home, with the understanding that any significant increase in living space or modern comfort would come from renovation or expansion.

Section 2: Frequently Asked Questions

1. Is the assessed value a good indicator of the likely selling price?
The assessed value of $387k is for municipal tax purposes. Notably, it sits slightly below the North River Heights average but is very close to the city-wide average. The last known sale was between $300k-$350k in late 2022. Market conditions, the home's condition, and specific buyer demand will determine the final price.

2. How does the small living area compare practically?
At 867 sqft, this is a compact home. It is significantly smaller than the average home on Waterloo Street (~1,633 sqft) and in North River Heights (~1,540 sqft). Buyers should be prepared for efficient use of space and consider if the layout meets their needs or if a renovation is a future priority.

3. What does the lot size mean for potential?
The lot of 4,822 sqft is standard for the area. It provides a good-sized yard for a city home and offers potential for outdoor living or gardening. For the right buyer, it also presents the possibility for future additions, subject to local zoning and permit regulations.

4. Is the age of the home a concern?
Built in 1944, the home is older than the city-wide average. This typically means potential for character but also necessitates a thorough inspection for aging components like the roof, plumbing, electrical systems, and insulation. Its age is actually slightly newer than many homes in North River Heights.

5. How can I get the exact historical sold prices for this property?
The site provides sold price ranges based on public data. Due to industry rules, exact MLS sold figures are not displayed online. You can request the full, verified transaction history by emailing the site directly; they will provide the information manually at no cost.

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