Property score
75.3
Good
Overall 75.3 · Newer than most nearby homes
1,408 sqft (bottom 46%) · Built in 1945 (8 yrs newer than avg)
Located in a high-income area with median household income of ~126k
Transit 64.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, 1 sports facility, and 1 place of worship nearby
Living Area
Near average
9% smaller than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 84%Chinese · 1%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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75.3 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110384
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
422 Montrose Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 445 m), 1 parks (nearest 212 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 25% | Bottom 33% | Top 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 422 Montrose Street, Winnipeg
Key Characteristics & Appeal
This 1,408 sqft home, built in 1945, sits on a notably generous 5,999 sqft lot in the established North River Heights neighbourhood. Its primary appeal lies in its balance of space and value. While the living area is modest compared to others on the street, the property stands out for its above-average land area within the local area, offering valuable outdoor space and potential. The assessed value of $471k positions it as a solid, mid-range offering on its street and in North River Heights, but it represents an above-average value when viewed across the wider Winnipeg market.
This home would suit a practical buyer looking for character in a mature neighbourhood without a premium price tag. It’s ideal for someone who values a larger yard over a larger house footprint, and who is comfortable with a home of this era, understanding that its value is grounded more in its land and location than in modern square footage. It represents a sensible entry into a desirable area, likely appealing to first-time buyers, downsizers, or investors seeking a property with fundamental strengths in a stable community.
Frequently Asked Questions
1. How does the home’s size compare to others in the area?
The living space is around the average for North River Heights and is actually slightly above the average for Winnipeg citywide. On Montrose Street itself, it is on the more modest side, which is reflected in its assessed value being below the street average.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value is a starting point for municipal tax purposes, not a market appraisal. Notably, this home’s assessed value ranks higher city-wide than within its immediate neighbourhood, suggesting it may be perceived as good value in the broader market. A professional market evaluation is essential.
3. What does the lot size mean for a potential buyer?
At nearly 6,000 sqft, the lot is larger than 85% of those in North River Heights. This is a key asset, providing ample room for gardening, recreation, or future expansion (subject to zoning and permits), which is increasingly rare in central neighbourhoods.
4. The home was last sold in 2017. What can be inferred from that?
The previous sale was in early 2017 within the $350k-$400k range. This indicates a period of stable ownership and provides a historical price point, but market conditions have likely shifted since then.
5. Are exact past sale prices available here?
For privacy and industry rules, exact sold prices are not published publicly on this site. The provided range is based on available data. For verified historical figures, a manual lookup through a real estate professional is required.
