422 Niagara Street

North River Heights, Winnipeg

Property score

74.0

Good

Overall 74.0 · Newer than most nearby homes

1,452 sqft (top 50%) · Built in 1945 (8 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: 2 schools, 2 parks, and 1 sports facility nearby

Living Area

Near average

6% smaller than neighborhood avg.

Year Built

Above average

8 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

74.0 is composed by the two sections below.

Property Score

61.8Fair
Living Area1,452 sqft75Good
Year Built194530Low
Lot Size4,512 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

around average
1,452 sqft
0255075100
Same streetTop 49%Same areaTop 50%CitywideTop 33%
Same street · Niagara Street
#169 / 343
Top 49% · Avg 1,491 sqft
Same area · North River Heights
#1,078 / 2,168
Top 50% · Avg 1,540 sqft
Citywide · Winnipeg
#64,565 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

around average
436k
0255075100
Same streetBottom 39%Same areaBottom 44%CitywideTop 31%
Same street · Niagara Street
#208 / 343
Bottom 39% · Avg 476.8k
Same area · North River Heights
#1,208 / 2,168
Bottom 44% · Avg 479.3k
Citywide · Winnipeg
#60,018 / 194,458
Top 31% · Avg 390.1k

Year Built

above average
1945
0255075100
Same streetTop 48%Same areaTop 23%CitywideBottom 22%

Lot Size

around average
4,512 sqft
0255075100
Same streetTop 45%Same areaBottom 31%CitywideBottom 35%

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

422 Niagara Street — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 404 m), 2 parks (nearest 256 m).

Search radius
🏫Education2
🌳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 4/2019CA$350k–400k
Sold price

Same street

Bottom 27%

Same area

Bottom 37%

City-wide

Top 38%

Related homes

Highlights & common questions: 422 Niagara Street, Winnipeg

Property Overview: 422 Niagara Street, Winnipeg

Key Characteristics & Appeal

This home at 422 Niagara Street in North River Heights is a classic, mid-century residence built in 1945. With 1,452 sqft of living space on a 4,512 sqft lot, it presents a comfortable footprint that is very typical for its established neighbourhood. The assessed value of $436k sits below the local area average, suggesting a potentially accessible entry point into this desirable community.

The primary appeal lies in its location and value proposition within North River Heights. The home represents a solid, average offering on its street and in the neighbourhood across key metrics like size and lot, meaning it fits seamlessly into the area's character without extreme outliers. For a buyer, this translates to a known quantity—a chance to own in a prime area without the premium often attached to larger or fully renovated properties. It would suit a practical buyer, perhaps a young family or a downsizer, who values neighbourhood character over a brand-new build and sees potential in a home that may benefit from personal updates. A thoughtful perspective is that its "averageness" in the area is a strength; it’s not over-improved for the street, which can protect value, and it offers a blanker canvas for customization than a recently flipped property.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $436k is for municipal tax purposes and is typically below market value. The last known sale was between $350k-$400k in April 2019. The current selling price will be influenced by market conditions, the home's interior condition, and recent comparable sales in North River Heights.

2. What does the "above average" year built ranking for the neighbourhood mean?
While built in 1945, this home is ranked "above average" (Top 23%) within North River Heights because the neighbourhood has many homes built even earlier, with an average around 1937. This indicates the home is among the newer homes in this historic area, which may have implications for architectural style and potential maintenance needs.

3. Is the lot size sufficient for additions or a large garden?
At 4,512 sqft, the lot is slightly below the neighbourhood average but is still a generous city lot. It should comfortably accommodate a backyard garden, patio, and play area. Any significant expansion of the home's footprint would require checking with local zoning bylaws.

4. Where can I find exact historical sold prices for this home?
The exact sold price data is not displayed publicly on this site due to industry regulations. You can request the full transaction history and exact figures by emailing the provided contact; they will manually look up and send the information.

5. How does this home compare to others in Winnipeg for space?
Interestingly, while the living area is around average for its street and neighbourhood, it ranks in the top third (Top 33%) city-wide. This highlights that North River Heights generally features larger homes, and this property offers more interior space than the average Winnipeg home.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.