488 Queenston Street

North River Heights, Winnipeg

68.0

Good

Overall 68.0

Smaller but newer than most nearby homes

1,184 sqft (bottom 27%)

Built in 1948 (11 yrs newer than avg)

Located in a high-income area

with median household income of ~128k

Transit 82.0

1-min walk to transit with 2 nearby routes

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

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Above average

11 yrs newer than neighborhood avg.

Mother tongue

English · 87%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

68.0 is composed by the two sections below.

Property Score

51.8Fair
Living Area1,184 sqft60Fair
Year Built194830Low
Lot Size4,309 sqft53Fair
Neighbourhood Sales Activity37Low

Community Score

92.3Excellent
Household Income91Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46111047

Community deep dive

$128K

Median household income

$134K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.5

P90 / P10 ratio

21%

Single-person households

36%

Families with children

Population, labour & age

Population (2021)482
Labour force participation rate69%
Median age40.8
Avg household size2.6
Unemployment rate11%
Population density3442 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households21%
Couple families with children36%
Median household income (2020)$128K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority10%
Bachelor's or higher (25–64)65%
Mother tongue (1st)English · 86%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,184 sqft
0255075100
Same streetBottom 18%Same areaBottom 27%CitywideBottom 48%
Same street · Queenston Street
#338 / 414
Bottom 18% · Avg 1,598 sqft
Same area · North River Heights
#1,575 / 2,168
Bottom 27% · Avg 1,540 sqft
Citywide · Winnipeg
#100,853 / 194,458
Bottom 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
358k
0255075100
Same streetBottom 5%Same areaBottom 11%CitywideBottom 49%
Same street · Queenston Street
#395 / 414
Bottom 5% · Avg 494.6k
Same area · North River Heights
#1,922 / 2,168
Bottom 11% · Avg 479.3k
Citywide · Winnipeg
#99,164 / 194,458
Bottom 49% · Avg 390.1k

Year Built

above average
1948
0255075100
Same streetBottom 45%Same areaTop 12%CitywideBottom 26%

Lot Size

around average
4,309 sqft
0255075100
Same streetBottom 34%Same areaBottom 18%CitywideBottom 31%

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

488 Queenston Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 184 m), 3 parks (nearest 303 m).

Search radius
🏫Education1
🌳Parks3
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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 488 Queenston Street.

🗑️

Garbage

monday

♻️

Recycling

monday

🍂

Yard Waste

monday a

Sales History

Sold 5/2022CA$400k–450k
Sold price

Same street

Bottom 32%

Same area

Bottom 43%

City-wide

Top 33%

Related homes

Highlights & common questions: 488 Queenston Street, Winnipeg

Property Summary: 488 Queenston Street, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,184 sqft home, built in 1948, sits on a 4,309 sqft lot in North River Heights. Its core appeal lies in its position as a relatively affordable entry point into a desirable, established neighbourhood. The assessed value of $358k is notably below the local area average, suggesting a potentially lower property tax burden and an opportunity for value-conscious buyers.

The home suits first-time buyers or downsizers seeking character in a mature community without the premium price tag of larger, renovated homes on the street. Its lot size is fairly typical for the immediate area, offering standard outdoor space. A thoughtful perspective is that while the living area is modest compared to neighbours, its city-wide average ranking indicates a practical size for many households. The 1948 build date is actually newer than many homes in North River Heights, potentially implying slightly updated construction norms for its era compared to area peers.

Section 2: Frequently Asked Questions

1. Is this a good value for the neighbourhood?
The data indicates it is. With an assessed value in the bottom 11% for North River Heights and sold prices historically ranking in the bottom half for the area, it presents a below-average cost to enter this neighbourhood.

2. How does the home’s size compare?
At 1,184 sqft, it is smaller than the typical home on Queenston Street and in North River Heights. However, it is close to the average size for the entire city, making it a practically sized, if not expansive, family home.

3. What does the sold price history indicate?
Records show it last sold in May 2022 for an estimated $400k-$450k. This sale price ranked in the top 33% city-wide at the time, but only in the top 57% for the local area, reinforcing its role as a more accessible option within a premium neighbourhood.

4. Is the lot size a pro or con?
The lot is slightly below average for North River Heights but is reasonably aligned with lots on Queenston Street itself. It provides standard yard space for the community but is not an exceptionally large parcel.

5. How can I get the exact historical sold prices?
The precise sale figures are not publicly displayed due to data licensing. You can request the exact sold price history directly via email from the site, and they will provide the verified details manually.

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