421 Cambridge Street

North River Heights, Winnipeg

Property score

77.8

Good

Overall 77.8 · Larger than most nearby homes

1,767 sqft (top 28%) · Built in 1940 (3 yrs newer than avg)

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

Transit 74.0 · 4-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

15% larger than neighborhood avg.

Year Built

Near average

3 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

77.8 is composed by the two sections below.

Property Score

67.2Good
Living Area1,767 sqft86Excellent
Year Built194024Low
Lot Size4,810 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
1,767 sqft
0255075100
Same streetTop 23%Same areaTop 28%CitywideTop 18%
Same street · Cambridge Street
#45 / 195
Top 23% · Avg 1,332 sqft
Same area · North River Heights
#608 / 2,168
Top 28% · Avg 1,540 sqft
Citywide · Winnipeg
#35,760 / 194,458
Top 18% · Avg 1,342 sqft

Tax-Assessed Value

above average
529k
0255075100
Same streetTop 18%Same areaTop 24%CitywideTop 15%
Same street · Cambridge Street
#36 / 195
Top 18% · Avg 421.7k
Same area · North River Heights
#513 / 2,168
Top 24% · Avg 479.3k
Citywide · Winnipeg
#30,040 / 194,458
Top 15% · Avg 390.1k

Year Built

around average
1940
0255075100
Same streetBottom 28%Same areaTop 38%CitywideBottom 19%

Lot Size

around average
4,810 sqft
0255075100
Same streetBottom 43%Same areaBottom 41%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

421 Cambridge Street — 6 amenities found within 500 m, across 3 categories, including 3 parks (nearest 398 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 9/2023CA$500k–550k
Sold price

Same street

Top 14%

Same area

Top 20%

City-wide

Top 11%

Related homes

Highlights & common questions: 421 Cambridge Street, Winnipeg

Property Overview: 421 Cambridge Street, Winnipeg

Key Characteristics & Appeal

This home at 421 Cambridge Street in North River Heights presents a compelling blend of space, established value, and location. Its primary strength is its generous living area of 1,767 sq ft, which ranks well above average for its street, neighborhood, and the city overall. This suggests a home that offers more interior space than many comparable properties. Paired with a slightly below-average year of construction (1940), it points to a classic, character home that may have seen thoughtful expansions or updates over time.

The appeal lies in this above-average footprint within a mature, sought-after neighborhood. The assessed value of $529,000 consistently places it in the top tiers locally, indicating strong perceived market value. The lot size is average for the area, providing typical outdoor space without being a standout feature. A less obvious perspective is that its older vintage, while requiring due diligence, often comes with established gardens, larger room proportions, and a sense of permanence that newer builds can lack. This property would suit buyers looking for a spacious, character home in a central neighborhood, who appreciate established communities over brand-new construction and are prepared for the maintenance that comes with an older home.

Frequently Asked Questions

1. How does the home’s size compare to others nearby?
The living area is a key feature. At 1,767 sq ft, it is significantly larger than the average home on Cambridge Street (~1,332 sq ft) and in North River Heights overall (~1,540 sq ft).

2. What does the assessed value tell us about the property?
The $529,000 assessment is consistently above average—ranking in the top 18-24% in its immediate comparisons. This generally reflects a higher valuation by the tax authority, often correlating with market perception, size, and condition.

3. The home was built in 1940. What should I consider?
While the building is older than many on its street, it is around the average age for the North River Heights neighborhood. Prospective buyers should prioritize a thorough inspection to understand the condition of major systems (roof, plumbing, electrical, foundation) and any updates that have been made.

4. What was the recent sale history?
Public records indicate the home sold between $500,000 and $550,000 in September 2023. For verified, exact sale figures, you can request a manual lookup from the site.

5. Is the lot size typical for the area?
Yes. The land area of 4,810 sq ft is very close to the average for both Cambridge Street and the wider North River Heights neighborhood, meaning the outdoor space is consistent with community norms.

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