445 Waterloo Street

North River Heights, Winnipeg

71.8

Good

Overall 71.8

Newer than most nearby homes

1,312 sqft (bottom 37%)

Built in 1944 (7 yrs newer than avg)

Located in a high-income area

with median household income of ~128k

Transit 74.0

4-min walk to transit with 2 nearby routes

Within 500m: 2 schools, 2 parks, and 1 sports facility nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Above average

7 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

71.8 is composed by the two sections below.

Property Score

58.2Fair
Living Area1,312 sqft71Good
Year Built194424Low
Lot Size4,822 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
1,312 sqft
0255075100
Same streetBottom 36%Same areaBottom 37%CitywideTop 41%
Same street · Waterloo Street
#206 / 322
Bottom 36% · Avg 1,633 sqft
Same area · North River Heights
#1,366 / 2,168
Bottom 37% · Avg 1,540 sqft
Citywide · Winnipeg
#79,488 / 194,458
Top 41% · Avg 1,342 sqft

Tax-Assessed Value

around average
390k
0255075100
Same streetBottom 13%Same areaBottom 23%CitywideTop 41%
Same street · Waterloo Street
#280 / 322
Bottom 13% · Avg 552.1k
Same area · North River Heights
#1,675 / 2,168
Bottom 23% · Avg 479.3k
Citywide · Winnipeg
#79,616 / 194,458
Top 41% · Avg 390.1k

Year Built

above average
1944
0255075100
Same streetBottom 43%Same areaTop 28%CitywideBottom 21%

Lot Size

around average
4,822 sqft
0255075100
Same streetBottom 48%Same areaTop 42%CitywideBottom 40%

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

445 Waterloo Street — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 439 m), 2 parks (nearest 269 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 4/2023CA$350k–400k
Sold price

Same street

Bottom 28%

Same area

Bottom 40%

City-wide

Top 36%
Sold 7/2019CA$350k–400k
Sold price

Same street

Bottom 19%

Same area

Bottom 35%

City-wide

Top 40%

Related homes

Highlights & common questions: 445 Waterloo Street, Winnipeg

Property Overview: 445 Waterloo Street, Winnipeg

Key Characteristics & Appeal

This home at 445 Waterloo Street in North River Heights is a classic, mid-century property built in 1944. With 1,312 sqft of living space on a 4,822 sqft lot, its size is comfortably average for the city and its immediate neighborhood. The core appeal lies in its value proposition. The home’s assessed value of $390k is notably below the average for both Waterloo Street and the broader North River Heights area, suggesting a potentially more accessible entry point into this established community. Recent sale history indicates stable value in the $350k-$400k range.

This property would suit a practical buyer—perhaps a first-time homeowner or a downsizer—who prioritizes location and lot size over a large interior footprint. It’s for someone comfortable with a home of this era, who sees the value in a neighborhood with character and is potentially looking for a property where the land itself represents a significant portion of the asset. The below-average assessment relative to the street and area could indicate an opportunity for the right buyer, though it may also reflect the home’s condition or update level.


Frequently Asked Questions

1. Why is the assessed value lower than the neighborhood average?
A lower assessment can be due to several factors, including the home’s size, its condition, the level of updates, or specific features. It’s important to view the property in person to understand what the assessment reflects.

2. What does the sale history tell us?
The home sold in 2023 and previously in 2019, both times within the $350k-$400k range. This suggests a stable market value over recent years, without dramatic price fluctuations.

3. Is the living space sufficient for a family?
At 1,312 sqft, the living area is modest. It may work well for a small family, a couple, or an individual. The nearly 5,000 sqft lot, however, offers valuable outdoor space that can extend the usable living area.

4. How does the age of the home affect things?
Built in 1944, the home is older than the Winnipeg city average. This typically means charming character but also necessitates a careful inspection for the condition of major systems like plumbing, electrical, and the foundation, which may be original or require updating.

5. How can I get the exact past sale prices?
The provided data shows price ranges. To obtain the exact historical sale figures, you must request a manual lookup from the site via email, as they do not display MLS-sourced sold data directly on the page.

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