Property score
76.7
Good
Overall 76.7 · Newer than most nearby homes
1,575 sqft (top 41%) · 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
2% 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)
770
480k
$319/sqft
1937
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76.7 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110384
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
470 Montrose Street — 4 amenities found within 500 m, across 3 categories, including 2 parks (nearest 203 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 46% | Top 42% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 470 Montrose Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This 1,575 sqft home, built in 1948, presents a solid and balanced offering in the desirable North River Heights neighborhood. Its primary appeal lies in its strong positional value—the property consistently ranks above average when compared to broader city and area benchmarks, particularly in assessed value and lot size. With a 5,998 sqft lot, it offers more outdoor space than most homes in North River Heights, providing room for gardens, play, or expansion.
The home suits practical buyers looking for a well-located character home with clear upside. It’s ideal for someone who values a mature neighborhood and a generous lot over a newly built or maximized interior footprint. The data suggests a property that is not the largest or newest on its street, but one that holds its value well in the wider context, making it a sensible choice for a long-term holder or someone willing to update a classic home to their taste. A thoughtful perspective is that this home represents a "middle ground" investment: it avoids the premium for a fully renovated period home, while offering a lot and location that are increasingly scarce city-wide.
Frequently Asked Questions
1. How does this home’s value compare to its last sale?
The home sold in August 2019 for between $400,000 and $450,000. Its current assessed value of $530,000 reflects market changes since that time. Exact historical sale prices can be provided upon request.
2. Is the living space smaller than other homes on the street?
At 1,575 sqft, it is slightly below the average living area for Montrose Street (approx. 1,766 sqft). However, it is above the average for both North River Heights and the entire city, indicating the street consists of particularly spacious homes.
3. What does the "above average" assessed value ranking mean?
The assessed value ($530k) ranks in the top 23% for North River Heights and top 15% city-wide. This suggests the property is valued higher than most comparable homes in these broader areas, often a reflection of its desirable lot size and location.
4. Are homes from 1948 a concern for maintenance?
A home of this age will likely have had several updates over the decades. While it may require ongoing maintenance or modernization, its construction date is typical for the established North River Heights neighborhood, where many well-maintained homes are of a similar vintage.
5. How can I verify the exact past sale prices?
The displayed sold price is a publicly sourced estimate. To obtain fully verified and exact sale figures from the listing history, you can request a manual lookup by email, which the site provides as a service.
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