469 Cambridge Street

North River Heights, Winnipeg

76.8

Good

Overall 76.8

Compared with neighbourhood average

1,616 sqft (top 38%)

Built in 1941 (4 yrs newer than avg)

Located in a high-income area

with median household income of ~123k

Transit 74.0

3-min walk to transit with 2 nearby routes

Within 500m: 3 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Near average

5% larger than neighborhood avg.

Year Built

Near average

4 yrs newer than neighborhood avg.

Mother tongue

English · 90%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

76.8 is composed by the two sections below.

Property Score

65.4Good
Living Area1,616 sqft83Excellent
Year Built194124Low
Lot Size4,810 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

93.8Excellent
Household Income91Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110385

Community deep dive

$123K

Median household income

$132K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.7

P90 / P10 ratio

19%

Single-person households

36%

Families with children

Population, labour & age

Population (2021)509
Labour force participation rate70%
Median age41.2
Avg household size2.5
Unemployment rate3%
Population density3635 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households19%
Couple families with children36%
Median household income (2020)$123K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority6%
Bachelor's or higher (25–64)72%
Mother tongue (1st)English · 90%
Mother tongue (2nd)French · 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
1,616 sqft
0255075100
Same streetTop 28%Same areaTop 38%CitywideTop 25%
Same street · Cambridge Street
#55 / 195
Top 28% · Avg 1,332 sqft
Same area · North River Heights
#825 / 2,168
Top 38% · Avg 1,540 sqft
Citywide · Winnipeg
#47,787 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
452k
0255075100
Same streetTop 28%Same areaTop 48%CitywideTop 28%
Same street · Cambridge Street
#55 / 195
Top 28% · Avg 421.7k
Same area · North River Heights
#1,034 / 2,168
Top 48% · Avg 479.3k
Citywide · Winnipeg
#54,496 / 194,458
Top 28% · Avg 390.1k

Year Built

around average
1941
0255075100
Same streetBottom 33%Same areaTop 34%CitywideBottom 20%

Lot Size

around average
4,810 sqft
0255075100
Same streetBottom 43%Same areaBottom 41%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

469 Cambridge Street — 5 amenities found within 500 m, across 3 categories, including 3 parks (nearest 323 m).

Search radius
🌳Parks3
💪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 7/2022CA$350k–400k
Sold price

Same street

Top 35%

Same area

Bottom 39%

City-wide

Top 36%

Related homes

Highlights & common questions: 469 Cambridge Street, Winnipeg

Property Overview: 469 Cambridge Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home at 469 Cambridge Street presents a solid, above-average offering in the desirable North River Heights neighborhood. Built in 1941, it is a character home of its era, yet its 1,616 sqft of living space is notably larger than many comparable homes on its street and across Winnipeg, placing it in the top 25-38% for size. With an assessed value of $452,000, it holds a strong value position, ranking above average for its street and city-wide. The lot size of 4,810 sqft is typical for the area, providing standard outdoor space.

The appeal lies in its combination of established neighborhood charm and tangible space-value metrics. It’s not the newest home on the block, but it offers more interior room than many peers. This property would suit a buyer looking for a character home in a prime central neighborhood who prioritizes living space over a modern build date. It’s a practical choice for those who see value in a well-located, spacious canvas that may benefit from personal updates over time.

Frequently Asked Questions

1. How does this home’s value compare to recent sales?
Based on available data, the home last sold between $350,000-$400,000 in July 2022. Its current assessed value of $452,000 suggests a significant increase in valuation since that sale, which may reflect market trends, improvements, or a previous sale price below perceived market value.

2. Is the living space efficiently laid out for a 1940s home?
While the data confirms the home is spacious for its vintage, the floor plan’s functionality isn’t detailed here. Buyers should consider that layouts from this era may differ from modern open-concept designs, potentially featuring more defined rooms and smaller closets.

3. What does the "around average" year built ranking mean?
In North River Heights, a neighborhood with many heritage homes, being built in 1941 is very typical. This ranking indicates the home fits the neighborhood’s historic fabric, but it also means major systems (like plumbing, electrical, or the roof) may be due for updates or have been partially modernized by previous owners.

4. How reliable is the sold price data shown?
The site notes this data is from public sources, not the MLS, and is presented in a broad range. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email, as MLS records are not displayed due to industry rules.

5. Are property taxes based on the assessed value?
Yes, municipal property taxes will be calculated using the $452,000 assessed value (or a future adjusted assessment) and the city’s mill rate. This assessed value is notably higher than the last recorded sale price, so prospective buyers should budget for taxes accordingly.

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