466 Montrose Street

North River Heights, Winnipeg

Property score

78.2

Good

Overall 78.2 · Newer than most nearby homes

1,638 sqft (top 37%) · Built in 1948 (11 yrs newer than avg)

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

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 2 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Near average

6% larger than neighborhood avg.

Year Built

Above average

11 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

78.2 is composed by the two sections below.

Property Score

68.7Good
Living Area1,638 sqft83Excellent
Year Built194830Low
Lot Size5,998 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
1,638 sqft
0255075100
Same streetBottom 45%Same areaTop 37%CitywideTop 23%
Same street · Montrose Street
#159 / 287
Bottom 45% · Avg 1,766 sqft
Same area · North River Heights
#796 / 2,168
Top 37% · Avg 1,540 sqft
Citywide · Winnipeg
#45,679 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
466k
0255075100
Same streetBottom 37%Same areaTop 41%CitywideTop 26%
Same street · Montrose Street
#181 / 287
Bottom 37% · Avg 522.7k
Same area · North River Heights
#895 / 2,168
Top 41% · Avg 479.3k
Citywide · Winnipeg
#49,730 / 194,458
Top 26% · Avg 390.1k

Year Built

above average
1948
0255075100
Same streetTop 43%Same areaTop 12%CitywideBottom 26%

Lot Size

above average
5,998 sqft
0255075100
Same streetTop 39%Same areaTop 16%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

466 Montrose Street — 4 amenities found within 500 m, across 3 categories, including 2 parks (nearest 197 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 4/2024CA$500k–550k
Sold price

Same street

Top 32%

Same area

Top 21%

City-wide

Top 12%
Sold 2/2018CA$400k–450k
Sold price

Same street

Bottom 32%

Same area

Bottom 45%

City-wide

Top 32%

Related homes

Highlights & common questions: 466 Montrose Street, Winnipeg

Property Summary: 466 Montrose Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home is a classic North River Heights property that represents a solid, middle-ground option in the Winnipeg market. Built in 1948, it offers 1,638 sqft of living space on a generous, approximately 6,000 sqft lot. Its assessed value of $466k positions it as an above-average property city-wide but is more aligned with the average for the desirable North River Heights area.

The appeal lies in its balance and established location. The lot size is notably larger than many in the neighbourhood, offering valuable outdoor space. While the home itself is not the largest or newest on the street, its living area is spacious compared to the city-wide average, suggesting good utility. Recent sale activity indicates strong market interest. It last sold in April 2024 in the $500k-$550k range, a noticeable increase from its 2018 sale price, reflecting the area's enduring demand.

This property would best suit buyers looking for a move-in ready home in a prime, established neighbourhood without the premium price tag of a fully renovated or newly built home. It’s ideal for those who value a large yard and character over ultra-modern finishes, and for buyers who see the value in a home that already aligns with area averages—offering stability without standing out as an outlier in price or condition.


Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value is around the average for Montrose Street and the broader North River Heights area. This suggests it is priced consistently with the neighbourhood, neither under nor over-valued relative to nearby properties.

2. Is the lot size a significant feature?
Yes. At nearly 6,000 sqft, the lot is larger than many in North River Heights, which is a key advantage. It offers more private outdoor space than typical for the area, which is a valuable and less replaceable asset than interior square footage.

3. What does the sale history tell us?
The home sold most recently in April 2024 for between $500,000 and $550,000. This represents a clear increase from its previous sale price of $400k-$450k in 2018, indicating healthy appreciation and sustained buyer demand for well-located homes in this area.

4. Would this be considered an older home needing updates?
Built in 1948, it is older than the average Winnipeg home but is actually newer than many in the historic North River Heights neighbourhood. Buyers should expect the potential for updates common to homes of this era, but its age is typical and not exceptional for this specific, sought-after community.

5. How can I get the exact past sale prices?
The displayed prices are estimated ranges. Due to industry regulations, exact sale figures are not published online here. You can request the precise transaction history by emailing the site directly for a manual lookup, which they provide without using your contact information for marketing.

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