Property score
81.4
Excellent
Overall 81.4 · Larger and newer than most nearby homes
1,907 sqft (top 21%) · Built in 1946 (9 yrs newer than avg)
Located in a high-income area with median household income of ~126k
Transit 74.0 · 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
24% larger than neighborhood avg.
Year Built
Above average
9 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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81.4 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
498 Montrose Street — 5 amenities found within 500 m, across 3 categories, including 3 parks (nearest 264 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%
498 Montrose Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 498 Montrose Street, North River Heights
Key Characteristics & Appeal
This well-situated two-storey home in North River Heights sits on a generous, approximately 6,000 sqft lot, offering more space than most in the area. Built in 1946, the 1,907 sqft residence presents a practical layout with the notable advantage of a renovated basement and both attached and detached garage options, providing excellent storage and workshop potential. Its appeal lies in a balanced offering of established neighbourhood charm, above-average interior space for the locale, and functional updates where they count.
The home suits buyers looking for a solid, character property in a prime neighbourhood without needing a full renovation. It’s particularly fitting for those who value private outdoor space and practical amenities like multiple garages over a brand-new build. A thoughtful perspective is its strong ranking for lot size and living area within Winnipeg—it offers a tangible sense of space that is becoming rarer in core neighbourhoods. While its assessed value is modest compared to some nearby references, this may indicate opportunity for a buyer comfortable with a home of this vintage, seeing value in the land, location, and live-in-ready condition.
Frequently Asked Questions
1. How does the property compare to others on the street?
The home ranks in the top half of Montrose Street for lot size and living area, meaning it’s physically larger than many neighbours. Its year built is near the street’s median, so its age is typical for the area.
2. What is the neighbourhood like?
North River Heights is a sought-after, established neighbourhood. This property ranks in the top 20% of the area for lot size and living space, placing it among the more spacious homes in this desirable location.
3. Why is the assessed value noted as $52.90k when nearby homes are listed at much higher values?
The assessed value is for municipal tax purposes and often varies significantly from current market value. The "For Reference" nearby properties show a wide range of assessed values, indicating differing lot sizes, conditions, and renovations. Market price is determined by recent sales and buyer demand.
4. What does having both an attached and detached garage mean for me?
This is a significant functional advantage. It provides ample space for multiple vehicles, secure storage, and the potential for a dedicated workshop or hobby space separate from the main house—a rare find in older neighbourhoods.
5. The home is 80 years old. What should I consider?
While the renovated basement is a positive update, a home of this age will have original components requiring ongoing maintenance or future updating, such as windows, plumbing, or electrical systems. A thorough inspection is essential to understand its condition and any needed investments.
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