465 Montrose Street

North River Heights, Winnipeg

76.7

Good

Overall 76.7

Newer than most nearby homes

1,586 sqft (top 40%)

Built in 1946 (9 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: 1 park, 1 sports facility, and 1 place of worship nearby

Living Area

Near average

3% larger than neighborhood avg.

Year Built

Above average

9 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

76.7 is composed by the two sections below.

Property Score

66.3Good
Living Area1,586 sqft79Good
Year Built194630Low
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

above average
1,586 sqft
0255075100
Same streetBottom 41%Same areaTop 40%CitywideTop 26%
Same street · Montrose Street
#169 / 287
Bottom 41% · Avg 1,766 sqft
Same area · North River Heights
#875 / 2,168
Top 40% · Avg 1,540 sqft
Citywide · Winnipeg
#50,698 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

above average
493k
0255075100
Same streetBottom 49%Same areaTop 31%CitywideTop 21%
Same street · Montrose Street
#147 / 287
Bottom 49% · Avg 522.7k
Same area · North River Heights
#679 / 2,168
Top 31% · Avg 479.3k
Citywide · Winnipeg
#40,665 / 194,458
Top 21% · Avg 390.1k

Year Built

above average
1946
0255075100
Same streetBottom 48%Same areaTop 20%CitywideBottom 23%

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

465 Montrose Street — 3 amenities found within 500 m, across 3 categories, including 1 parks (nearest 145 m).

Search radius
🌳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 12/2022CA$500k–550k
Sold price

Same street

Top 36%

Same area

Top 23%

City-wide

Top 14%

Related homes

Highlights & common questions: 465 Montrose Street, Winnipeg

Property Overview: 465 Montrose Street, Winnipeg

Key Characteristics & Appeal

This home at 465 Montrose Street in North River Heights presents a solid, mid-century property with a balanced profile. Built in 1946, its 1,586 sqft living space and $493k assessed value sit comfortably around the average for the immediate street and established neighbourhood, indicating a typical home for the area. Its true standout is the generous 5,999 sqft lot, which ranks well above average for both the street and North River Heights, offering valuable outdoor space and potential.

The appeal lies in its position as a stable, known quantity in a desirable neighbourhood. It’s not an outlier in size or value, which can mean less competition and a more predictable purchasing experience. The above-average lot size is a significant asset, providing room for gardens, play, or future expansion that is harder to find on newer, more densely packed lots. This property would suit practical buyers looking for a character home in a prime neighbourhood without the premium price tag of a fully renovated or oversized property. It’s ideal for those who value land space over sheer interior square footage and are comfortable with a home that reflects its era, possibly seeing opportunity in its established footprint and generous yard.


Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
The home sold in December 2022 for between $500,000 and $550,000. This sale price was above average compared to the wider city and North River Heights area, but around a mid-range level for Montrose Street itself, reflecting the street’s overall desirability.

2. Is the living space small for the neighbourhood?
At 1,586 sqft, the living area is slightly below the average for Montrose Street but is actually very close to the average for the broader North River Heights area. It represents a comfortable size that is still above the Winnipeg citywide average.

3. What does the "above average" lot ranking mean practically?
With a lot size ranking in the top 15-30% for both the street and neighbourhood, this property offers more outdoor space than most comparable homes nearby. This is a key advantage for privacy, recreation, or future projects like a deck, garage, or garden.

4. The home is 80 years old. What should I consider?
While the home’s age is typical for North River Heights (ranking older than most city homes but average for this historic area), it necessitates a focus on the condition of major aging components. A thorough inspection of the roof, foundation, plumbing, electrical systems, and windows is essential to understand any needed updates or maintenance.

5. How can I get the exact historical sold price data?
The provided sold price is an estimated range from public records. Due to industry regulations, exact MLS sale figures are not published on the site. You can request the precise sale history by emailing the site directly for a manual lookup, which they provide without obligation.

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