491 Oxford Street

North River Heights, Winnipeg

Property score

82.3

Excellent

Overall 82.3 · Larger than most nearby homes

1,938 sqft (top 19%) · Built in 1929 (8 yrs older than avg)

Located in a high-income area with median household income of ~123k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Above average

26% larger than neighborhood avg.

Year Built

Near average

8 yrs older 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

82.3 is composed by the two sections below.

Property Score

74.7Good
Living Area1,938 sqft92Excellent
Year Built192920Low
Lot Size7,928 sqft91Excellent
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
1,938 sqft
0255075100
Same streetTop 28%Same areaTop 19%CitywideTop 12%
Same street · Oxford Street
#84 / 297
Top 28% · Avg 1,641 sqft
Same area · North River Heights
#416 / 2,168
Top 19% · Avg 1,540 sqft
Citywide · Winnipeg
#24,110 / 194,458
Top 12% · Avg 1,342 sqft

Tax-Assessed Value

above average
476k
0255075100
Same streetTop 34%Same areaTop 37%CitywideTop 24%
Same street · Oxford Street
#101 / 297
Top 34% · Avg 480.4k
Same area · North River Heights
#798 / 2,168
Top 37% · Avg 479.3k
Citywide · Winnipeg
#46,289 / 194,458
Top 24% · Avg 390.1k

Year Built

around average
1929
0255075100
Same streetBottom 35%Same areaBottom 43%CitywideBottom 17%

Lot Size

Elite
7,928 sqft
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 11%

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

491 Oxford Street — 5 amenities found within 500 m, across 3 categories, including 3 parks (nearest 282 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 9/2020CA$450k–500k
Sold price

Same street

Top 36%

Same area

Top 34%

City-wide

Top 21%

Related homes

Highlights & common questions: 491 Oxford Street, Winnipeg

Property Overview: 491 Oxford Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home presents a compelling blend of space, location, and value within Winnipeg’s established North River Heights neighborhood. Its most standout feature is the generous 7,928 sqft lot, which ranks in the top 1-2% for size both on its street and in the wider area. This offers rare potential for gardens, expansion, or simply ample private outdoor space—a significant advantage in a mature community.

The living area of 1,938 sqft is comfortably above average for the city and the neighborhood, providing spacious interior accommodation. Built in 1929, the home carries the character and solid construction of its era, though this also suggests that its condition and any updates will be key considerations. The assessed value of $476k is typical for North River Heights but sits above the Winnipeg citywide average, reflecting the desirability of the area.

This property would suit a buyer looking for a character home on a large lot who values the established, tree-lined streets of North River Heights. It’s ideal for those prioritizing outdoor space over a brand-new build and who are prepared for the possibilities and responsibilities that come with a home of this vintage. The appeal lies in securing a property where the land itself is a premium asset in a well-regarded location.


Frequently Asked Questions

1. How does the lot size compare to typical properties?
The lot is exceptionally large for the area. At nearly 8,000 sqft, it is significantly bigger than the average lot in North River Heights (approx. 5,054 sqft) and ranks in the top 1% of the neighborhood.

2. What should I consider about the 1929 build date?
While the home has the charm and sturdy construction of its era, a professional inspection is highly recommended. Buyers should budget for potential updates to older systems like plumbing, electrical, or insulation, and consider the design layout, which may differ from modern open-concept homes.

3. Is the assessed value a good indicator of the likely selling price?
The assessed value of $476k is for municipal tax purposes. The last recorded sale was between $450k-$500k in late 2020. Market conditions, the home’s current condition, and its unique lot size will ultimately determine its market value.

4. What is the neighborhood like?
North River Heights is a mature, central Winnipeg neighborhood known for its quiet, tree-lined streets, larger lots, and mix of character homes. It offers a strong sense of community and is close to parks, schools, and amenities.

5. How can I find out the exact historical sale prices?
The site provides sold price ranges for privacy. To obtain the exact sale figures and a full transaction history, you must request a manual lookup via email from the service, as this data is not sourced from the MLS.

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