462 Waterloo Street

North River Heights, Winnipeg

Property score

78.0

Good

Overall 78.0 · Newer than most nearby homes

1,704 sqft (top 32%) · Built in 1945 (8 yrs newer than avg)

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

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 2 parks, and 1 sports facility nearby

Living Area

Near average

11% larger than neighborhood avg.

Year Built

Above average

8 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

78.0 is composed by the two sections below.

Property Score

68.4Good
Living Area1,704 sqft86Excellent
Year Built194530Low
Lot Size4,821 sqft60Fair
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
1,704 sqft
0255075100
Same streetTop 32%Same areaTop 32%CitywideTop 21%
Same street · Waterloo Street
#104 / 322
Top 32% · Avg 1,633 sqft
Same area · North River Heights
#698 / 2,168
Top 32% · Avg 1,540 sqft
Citywide · Winnipeg
#40,382 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

around average
426k
0255075100
Same streetBottom 32%Same areaBottom 40%CitywideTop 33%
Same street · Waterloo Street
#219 / 322
Bottom 32% · Avg 552.1k
Same area · North River Heights
#1,307 / 2,168
Bottom 40% · Avg 479.3k
Citywide · Winnipeg
#63,603 / 194,458
Top 33% · Avg 390.1k

Year Built

above average
1945
0255075100
Same streetBottom 45%Same areaTop 23%CitywideBottom 22%

Lot Size

around average
4,821 sqft
0255075100
Same streetBottom 23%Same areaTop 48%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

462 Waterloo Street — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 439 m), 2 parks (nearest 209 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 11/2019CA$400k–450k
Sold price

Same street

Bottom 31%

Same area

Bottom 45%

City-wide

Top 32%

Related homes

Highlights & common questions: 462 Waterloo Street, Winnipeg

Property Overview: 462 Waterloo Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home, built in 1945, is a well-sized residence offering 1,704 square feet of living space on a 4,821 square foot lot in North River Heights. Its appeal lies in its established neighbourhood setting and its practical, above-average interior space compared to many Winnipeg homes. The data presents a balanced profile: the living area is generous for the city overall, while the assessed value sits in a moderate range for the desirable North River Heights area. This suggests a property that offers good functional space without the premium price tag of the largest lots or most recently updated homes on its street.

The home would suit buyers looking for character in a mature neighbourhood, who prioritize interior space over an expansive yard. It’s a practical choice for those entering the area, as it represents a more accessible value point on a street where average assessed values are higher. A thoughtful perspective is that its 1945 build date is actually newer than many homes in North River Heights, potentially meaning fewer immediate updates than some older neighbours, but still requiring a buyer comfortable with the maintenance realities of an 80-year-old structure.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value of $426k is below the street average ($552k) for Waterloo Street, placing it in the top 68% (rank 219 of 322). This indicates it is a more moderate-value home on what appears to be a street with a wide range of property values.

2. Is the living space typical for the area?
Yes. At 1,704 sqft, it is very close to the average for both Waterloo Street (1,633 sqft) and the broader North River Heights area (1,540 sqft). City-wide, however, this living area is considered above average.

3. What should I know about the lot size?
The lot is 4,821 sqft. It is smaller than the average lot on Waterloo Street but is typical for the North River Heights area as a whole. It provides a standard urban yard for the neighbourhood.

4. When was it last sold and for how much?
Records show it sold between November 2019 for a price between CA$400,000 and $450,000. Exact sale figures require a manual lookup from the provider.

5. How can I get verified sale history or precise past sale prices?
The site states that exact sold prices are not displayed publicly due to industry rules. You must request this information directly from them via email, and they will provide a manual lookup, typically by the end of the same day.

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