450 Montrose Street

North River Heights, Winnipeg

Property score

73.1

Good

Overall 73.1 · Newer than most nearby homes

1,322 sqft (bottom 38%) · 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: 2 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Below average

14% smaller 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

73.1 is composed by the two sections below.

Property Score

60.3Fair
Living Area1,322 sqft71Good
Year Built194424Low
Lot Size5,999 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

around average
1,322 sqft
0255075100
Same streetBottom 20%Same areaBottom 38%CitywideTop 40%
Same street · Montrose Street
#230 / 287
Bottom 20% · Avg 1,766 sqft
Same area · North River Heights
#1,346 / 2,168
Bottom 38% · Avg 1,540 sqft
Citywide · Winnipeg
#78,064 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

above average
445k
0255075100
Same streetBottom 29%Same areaBottom 49%CitywideTop 29%
Same street · Montrose Street
#204 / 287
Bottom 29% · Avg 522.7k
Same area · North River Heights
#1,115 / 2,168
Bottom 49% · Avg 479.3k
Citywide · Winnipeg
#56,895 / 194,458
Top 29% · Avg 390.1k

Year Built

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

Lot Size

above average
5,999 sqft
0255075100
Same streetTop 29%Same areaTop 15%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

450 Montrose Street — 4 amenities found within 500 m, across 3 categories, including 2 parks (nearest 186 m).

Search radius
🌳Parks2
💪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 2/2017CA$350k–400k
Sold price

Same street

Bottom 20%

Same area

Bottom 27%

City-wide

Top 46%

Related homes

Highlights & common questions: 450 Montrose Street, Winnipeg

Property Overview: 450 Montrose Street, Winnipeg

Key Characteristics & Appeal

This home at 450 Montrose Street in North River Heights presents a specific value proposition centered on its generous lot and established location. Built in 1944, the 1,322 sqft house sits on a notably large, approximately 6,000 sqft lot, which ranks well above average for both the immediate street and the broader neighbourhood. This offers significant outdoor space and potential in a mature area.

The appeal lies in a balance of space and price. While the living area is modest compared to others on Montrose Street, its city-wide assessed value of $445k positions it above the Winnipeg average, suggesting the value is anchored in the desirable lot and location rather than the home's size. It suits a practical buyer who prioritizes land and location over a move-in-ready or expansive interior. This could be ideal for someone looking for a long-term home with room for gardens, additions, or future renovations, or for a buyer who values the established, tree-lined streets of North River Heights and is willing to update a character home over time.

Frequently Asked Questions

1. How does the home’s value compare to the area?
The assessed value is around the neighbourhood average but is above the city-wide average. This indicates you are paying a premium for the North River Heights location, with the specific value here tied more to the land than the current structure.

2. Is the lot size a significant feature?
Yes. At nearly 6,000 sqft, the lot is larger than approximately 85% of properties in North River Heights. This is a key asset, offering more privacy, outdoor space, and potential than is typical for the area.

3. What should I consider about the home’s age and size?
The home is older and has less living space than many on its street. Prospective buyers should budget for the maintenance and updates common with homes of this era and consider if the current floorplan meets their needs or if expansions are part of their long-term plan.

4. What do the past sale details indicate?
The property sold in early 2017 for between $350k-$400k. The increase to the current assessed value reflects broader market trends. For precise historical sale figures, you can request the exact data via email from the site.

5. How does this property fit in the immediate area?
It sits among a mix of similar vintage homes. Direct neighbours on Montrose Street have varied assessed values and living areas, showing a streetscape of homes from the same period that have been updated or expanded to different degrees.

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