433 Cambridge Street

North River Heights, Winnipeg

78.5

Good

Overall 78.5

Larger than most nearby homes

1,751 sqft (top 29%)

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

14% 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

78.5 is composed by the two sections below.

Property Score

68.3Good
Living Area1,751 sqft86Excellent
Year Built194024Low
Lot Size5,410 sqft67Good
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
1,751 sqft
0255075100
Same streetTop 24%Same areaTop 29%CitywideTop 19%
Same street · Cambridge Street
#47 / 195
Top 24% · Avg 1,332 sqft
Same area · North River Heights
#631 / 2,168
Top 29% · Avg 1,540 sqft
Citywide · Winnipeg
#36,932 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
467k
0255075100
Same streetTop 27%Same areaTop 41%CitywideTop 25%
Same street · Cambridge Street
#52 / 195
Top 27% · Avg 421.7k
Same area · North River Heights
#887 / 2,168
Top 41% · Avg 479.3k
Citywide · Winnipeg
#49,403 / 194,458
Top 25% · Avg 390.1k

Year Built

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

Lot Size

above average
5,410 sqft
0255075100
Same streetTop 37%Same areaTop 24%CitywideTop 46%

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

433 Cambridge Street — 6 amenities found within 500 m, across 3 categories, including 3 parks (nearest 382 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 8/2021CA$450k–500k
Sold price

Same street

Top 20%

Same area

Top 36%

City-wide

Top 21%

Related homes

Highlights & common questions: 433 Cambridge Street, Winnipeg

Property Overview: 433 Cambridge Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home presents a compelling mix of space, location, and value in the established North River Heights neighbourhood. Its primary appeal lies in its generous 1,751 sqft living area, which ranks well above average for its street, area, and the city overall, offering more interior room than many comparable properties. With an assessed value of $467,000, it sits at a competitive point—above average for the city and its immediate street, yet around the median for the North River Heights area, suggesting a solid value proposition within this desirable community.

The 5,410 sqft lot provides ample outdoor space, ranking above average for the neighbourhood. Built in 1940, the home is older than many on its street but typical for the area, indicating a character property that may appeal to those not seeking a new build. A less obvious perspective is that its above-average size on a relatively average-valued lot for the street could signal a home that has been expanded or thoughtfully configured to maximize living space, a potential bonus for buyers.

This property would best suit buyers looking for a spacious, established home in a prime neighbourhood without the premium price tag of a newer construction. It’s ideal for those who prioritize interior square footage and a generous yard over a modern build date, and for value-conscious purchasers who see potential in a well-located, characterful home.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $467,000 is for municipal tax purposes. The last known sale was between $450,000-$500,000 in August 2021. The current market price will be influenced by recent sales, condition, and market trends, and may differ from the assessed value.

2. The home was built in 1940. What should I consider?
While the build date is typical for North River Heights, a home of this age will require a thorough inspection. Key focuses should be the foundation, roof, wiring, plumbing, and windows. This also represents an opportunity for energy-efficient upgrades and personalized renovations.

3. The living area is large compared to neighbours. What does this mean?
Ranking in the top 24% on its street for size, this home offers significantly more interior space (1,751 sqft) than the street average (~1,332 sqft). This could be due to a smart original floor plan, a past addition, or finished lower-level space. It’s a major advantage for buyers needing room.

4. Is the lot size typical for the area?
At 5,410 sqft, the lot is above average for North River Heights, ranking in the top 24% locally. This means you’re getting more outdoor space than many properties in the neighbourhood, which is great for gardening, play, or entertaining.

5. How can I get the exact historical sale prices?
The site provides sold price ranges for privacy. To obtain the exact sale figures and a 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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