435 Montrose Street

North River Heights, Winnipeg

Property score

78.5

Good

Overall 78.5 · Newer than most nearby homes

1,708 sqft (top 32%) · Built in 1944 (7 yrs newer than avg)

Located in a high-income area with median household income of ~126k

Transit 74.0 · 5-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

11% larger than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 84%Chinese · 1%

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

69.3Good
Living Area1,708 sqft86Excellent
Year Built194424Low
Lot Size5,997 sqft74Good
Neighbourhood Sales Activity37Low

Community Score

92.4Excellent
Household Income91Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110384

Community deep dive

$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

Population, labour & age

Population (2021)410
Labour force participation rate68%
Median age44.0
Avg household size2.6
Unemployment rate6%
Population density2157 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households18%
Couple families with children37%
Median household income (2020)$126K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$404K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority12%
Bachelor's or higher (25–64)70%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Chinese · 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
1,708 sqft
0255075100
Same streetBottom 49%Same areaTop 32%CitywideTop 21%
Same street · Montrose Street
#145 / 287
Bottom 49% · Avg 1,766 sqft
Same area · North River Heights
#689 / 2,168
Top 32% · Avg 1,540 sqft
Citywide · Winnipeg
#40,085 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
546k
0255075100
Same streetTop 32%Same areaTop 20%CitywideTop 13%
Same street · Montrose Street
#93 / 287
Top 32% · Avg 522.7k
Same area · North River Heights
#439 / 2,168
Top 20% · Avg 479.3k
Citywide · Winnipeg
#25,681 / 194,458
Top 13% · Avg 390.1k

Year Built

above average
1944
0255075100
Same streetBottom 41%Same areaTop 28%CitywideBottom 21%

Lot Size

above average
5,997 sqft
0255075100
Same streetTop 50%Same areaTop 18%CitywideTop 32%

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

435 Montrose Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 450 m), 1 parks (nearest 141 m).

Search radius
🏫Education1
🌳Parks1
💪Sports1
Worship1

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 12/2021CA$450k–500k
Sold price

Same street

Top 40%

Same area

Top 27%

City-wide

Top 17%
Sold 5/2016CA$250k–300k
Sold price

Same street

Bottom 6%

Same area

Bottom 8%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 435 Montrose Street, Winnipeg

Property Overview: 435 Montrose Street, North River Heights

Key Characteristics & Appeal

This home at 435 Montrose Street is a classic North River Heights property that represents a solid, above-average offering within the broader Winnipeg market. Built in 1944, it sits on a generous, well-established lot of nearly 6,000 sq ft, providing ample outdoor space that is larger than most in the immediate neighbourhood. With 1,708 sq ft of living area, the home offers more space than the typical Winnipeg house, positioning it well for comfortable family living.

Its primary appeal lies in its strong positional value. The assessed value of $546,000 is notably above the averages for both the wider city and the North River Heights area, suggesting a perception of quality and a desirable location. This is a home that isn't an outlier on its street but holds its own as a better-than-average property in a sought-after neighbourhood. It would suit buyers looking for a character home with a sizable yard, who value the established streetscapes and convenience of River Heights, and who are seeking a property with a history of stable value appreciation, as indicated by its significant increase in assessed value since its last sale.

A less obvious perspective is that this property offers a balance between character and space without being a premium, top-tier project. It’s a practical choice for someone who wants the neighbourhood prestige and room to grow but may be wary of the maintenance or price point of a fully renovated or newer luxury home. Its metrics suggest you are paying more for the location and land than for an exceptionally modern or large interior.

Frequently Asked Questions

1. How does this home’s value compare to others in the area?
The home’s assessed value of $546,000 is above the average for both North River Heights and Winnipeg overall, placing it in the top 20% of the neighbourhood and top 13% city-wide. This indicates it is considered a higher-value property within its market.

2. Is the lot size typical for the area?
At 5,997 sq ft, the lot is larger than most in North River Heights, ranking in the top 18% of the neighbourhood. It offers more outdoor space than many comparable properties.

3. When was it last sold, and for how much?
The property was last sold in December 2021. The public price range provided is between $450,000 and $500,000. For verified, exact sale figures, a manual lookup can be requested from the site.

4. What does the year built mean for potential updates?
Built in 1944, the home is typical for the older, character-filled North River Heights area. Buyers should budget for potential updates common to houses of this era, such as windows, roofing, or mechanical systems, while appreciating the established neighbourhood and mature landscaping.

5. How spacious is the interior compared to other homes?
With 1,708 sq ft of living area, the home is larger than the average Winnipeg house and slightly above the average for North River Heights. It provides a comfortable amount of space, ranking in the top third of the neighbourhood.

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