477 Montrose Street

North River Heights, Winnipeg

79.3

Good

Overall 79.3

Larger and newer than most nearby homes

1,741 sqft (top 30%)

Built in 1949 (12 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 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Above average

13% larger than neighborhood avg.

Year Built

Above average

12 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

79.3 is composed by the two sections below.

Property Score

70.5Good
Living Area1,741 sqft86Excellent
Year Built194930Low
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
1,741 sqft
0255075100
Same streetTop 48%Same areaTop 30%CitywideTop 19%
Same street · Montrose Street
#139 / 287
Top 48% · Avg 1,766 sqft
Same area · North River Heights
#645 / 2,168
Top 30% · Avg 1,540 sqft
Citywide · Winnipeg
#37,614 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
451k
0255075100
Same streetBottom 32%Same areaTop 48%CitywideTop 28%
Same street · Montrose Street
#196 / 287
Bottom 32% · Avg 522.7k
Same area · North River Heights
#1,043 / 2,168
Top 48% · Avg 479.3k
Citywide · Winnipeg
#54,801 / 194,458
Top 28% · Avg 390.1k

Year Built

above average
1949
0255075100
Same streetTop 37%Same areaTop 10%CitywideBottom 27%

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

477 Montrose Street — 4 amenities found within 500 m, across 3 categories, including 2 parks (nearest 170 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 9/2024CA$450k–500k
Sold price

Same street

Bottom 49%

Same area

Top 38%

City-wide

Top 23%

Related homes

Highlights & common questions: 477 Montrose Street, Winnipeg

Property Overview: 477 Montrose Street, Winnipeg

Key Characteristics & Appeal

This home at 477 Montrose Street in North River Heights presents a balanced offering in a well-regarded neighbourhood. Built in 1949, it sits on a notably generous lot of nearly 6,000 sq ft, which is well above average for both the immediate street and the broader area, offering valuable outdoor space and potential. The living area of 1,741 sq ft is comfortably above the city-wide average, providing ample room, while its assessed value of $451k positions it as a relatively accessible entry point into this established community.

The appeal lies in its solid, middle-ground positioning. It’s not the largest or newest home on the block, but it offers a compelling combination of a larger-than-average lot and functional space in a prime location. This creates an opportunity for buyers who value land size—for gardening, play, or future expansion—over a fully renovated or maximized interior. It would suit practical buyers looking for a character home in a mature neighbourhood without the premium price tag of a fully updated property, or those with a vision to tailor the space to their own tastes over time.

Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value is around the average for North River Heights but is above the Winnipeg city-wide average. On Montrose Street itself, it ranks in the lower two-thirds for value, which may indicate a price point that provides easier access to the street and neighbourhood.

2. Is the lot size a significant feature?
Yes. The land area of 5,999 sq ft is a standout, ranking in the top 15% for North River Heights. This is a substantial lot for the area, offering more privacy and yard space than many neighbouring properties.

3. What should I consider about the home’s age?
Built in 1949, the home is newer than many in North River Heights but will likely have systems and components characteristic of its era. A thorough inspection is advised to understand the condition of the roof, wiring, plumbing, and foundation, and to budget for any updates or maintenance.

4. Where can I get verified sale price history for this property?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the exact sale history and figures via email from the provider, who will manually look up and send the information.

5. How does the living space compare?
At 1,741 sq ft, the living area is above average for Winnipeg and North River Heights, but slightly below the average for Montrose Street itself. This suggests the home offers very good city-wide space but may feel modest compared to some larger neighbours on the same block.

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