421 Queenston Street

North River Heights, Winnipeg

Property score

72.0

Good

Overall 72.0 · Newer than most nearby homes

1,390 sqft (bottom 44%) · Built in 1947 (10 yrs newer than avg)

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

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 1 sports facility nearby

Living Area

Near average

10% smaller than neighborhood avg.

Year Built

Above average

10 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

72.0 is composed by the two sections below.

Property Score

58.4Fair
Living Area1,390 sqft71Good
Year Built194730Low
Lot Size4,309 sqft53Fair
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

around average
1,390 sqft
0255075100
Same streetBottom 41%Same areaBottom 44%CitywideTop 36%
Same street · Queenston Street
#245 / 414
Bottom 41% · Avg 1,598 sqft
Same area · North River Heights
#1,206 / 2,168
Bottom 44% · Avg 1,540 sqft
Citywide · Winnipeg
#70,307 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

around average
388k
0255075100
Same streetBottom 11%Same areaBottom 21%CitywideTop 42%
Same street · Queenston Street
#368 / 414
Bottom 11% · Avg 494.6k
Same area · North River Heights
#1,702 / 2,168
Bottom 21% · Avg 479.3k
Citywide · Winnipeg
#80,778 / 194,458
Top 42% · Avg 390.1k

Year Built

above average
1947
0255075100
Same streetBottom 41%Same areaTop 17%CitywideBottom 24%

Lot Size

around average
4,309 sqft
0255075100
Same streetBottom 34%Same areaBottom 18%CitywideBottom 31%

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 Queenston Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 401 m), 2 parks (nearest 109 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 11/2017CA$300k–350k
Sold price

Same street

Bottom 5%

Same area

Bottom 14%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 421 Queenston Street, Winnipeg

Property Overview

421 Queenston Street is a 1,390 sqft home built in 1947, situated on a 4,309 sqft lot in Winnipeg's North River Heights neighbourhood. Its current assessed value is $388,000.

Key Characteristics & Appeal

This home presents a practical opportunity in a well-regarded, established neighbourhood. Its primary appeal lies in its value positioning. The assessed value is notably below the average for both Queenston Street and North River Heights overall, suggesting a potentially more accessible entry point into this area. The living space is modest but functional, closely aligning with the Winnipeg citywide average for comparable homes.

The property suits first-time buyers or downsizers seeking a character home in a mature neighbourhood without the premium price tag often associated with the area. It also appeals to value-oriented investors or homeowners comfortable with a home of this vintage, who may see potential in updates or appreciate the stability of an older build. A thoughtful perspective is that while the lot size is smaller than many in North River Heights, it remains manageable and could offer lower maintenance—a benefit for those seeking a established neighbourhood feel without extensive yard work.

Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home sold for between $300,000 and $350,000 in late 2017. Its current assessed value of $388,000 is higher, which is common as assessments aim to reflect market value over time. The previous sale price indicates it has been a more affordable option on the street.

2. Is the living space smaller than other homes nearby?
Yes, at 1,390 sqft, it is somewhat smaller than the immediate area averages (approx. 1,540-1,598 sqft). However, it is very close to the citywide average for comparable homes (1,342 sqft), indicating a efficient, manageable footprint.

3. What does the "below average" assessed value ranking mean?
Rankings in the 79th-89th percentile mean the assessed value is lower than 79-89% of comparable properties on the street and in the neighbourhood. This doesn't imply a problem; it often highlights a value opportunity or a more modestly appraised property in a desirable area.

4. Are there concerns with a home built in 1947?
As with any home of this age, the condition of major systems (roof, plumbing, wiring) and potential for outdated materials should be verified through a professional inspection. That said, it was built in a period of solid construction, and its build year is actually newer than many in North River Heights.

5. How can I get the exact historical sale price?
The site provides sold price ranges for general reference. To obtain the exact sale price and full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.

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