512 Ash Street

North River Heights, Winnipeg

80.2

Excellent

Overall 80.2

Larger and newer than most nearby homes

1,970 sqft (top 18%)

Built in 1945 (8 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: 1 school, 1 park, and 1 sports facility nearby

Living Area

Above average

28% larger than neighborhood avg.

Year Built

Above average

8 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

80.2 is composed by the two sections below.

Property Score

72.0Good
Living Area1,970 sqft92Excellent
Year Built194530Low
Lot Size4,821 sqft60Fair
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
1,970 sqft
0255075100
Same streetTop 17%Same areaTop 18%CitywideTop 12%
Same street · Ash Street
#60 / 356
Top 17% · Avg 1,605 sqft
Same area · North River Heights
#392 / 2,168
Top 18% · Avg 1,540 sqft
Citywide · Winnipeg
#22,542 / 194,458
Top 12% · Avg 1,342 sqft

Tax-Assessed Value

above average
579k
0255075100
Same streetTop 16%Same areaTop 16%CitywideTop 10%
Same street · Ash Street
#56 / 356
Top 16% · Avg 505.2k
Same area · North River Heights
#342 / 2,168
Top 16% · Avg 479.3k
Citywide · Winnipeg
#18,675 / 194,458
Top 10% · Avg 390.1k

Year Built

above average
1945
0255075100
Same streetBottom 47%Same areaTop 23%CitywideBottom 22%

Lot Size

around average
4,821 sqft
0255075100
Same streetBottom 24%Same areaTop 48%CitywideBottom 40%

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

512 Ash Street — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 443 m), 1 parks (nearest 191 m).

Search radius
🏫Education1
🌳Parks1
💪Sports1

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 512 Ash Street.

🗑️

Garbage

monday

♻️

Recycling

monday

🍂

Yard Waste

monday a

Sales History

Sold 7/2019CA$500k–550k
Sold price

Same street

Top 28%

Same area

Top 24%

City-wide

Top 15%

Related homes

Highlights & common questions: 512 Ash Street, Winnipeg

Property Overview

512 Ash Street presents a well-established home in Winnipeg's North River Heights neighborhood. Its appeal lies in offering above-average interior space and a strong assessed value within a mature, sought-after area. The home suits buyers looking for a character property with proven value in a central location, who are comfortable with a home of this era and its typical maintenance considerations.

Key Characteristics & Appeal

Built in 1945, this home offers 1,970 sqft of living space, which is notably larger than average for the street, neighborhood, and city-wide comparisons. Its assessed value of $579k consistently places it in the top 16-20% of comparable properties across all areas, indicating a premium valuation for its size and location. The lot size of 4,821 sqft is typical for North River Heights but is slightly smaller than others on Ash Street itself.

This property would best suit buyers who prioritize interior space over expansive yard size and who value a stable, established neighborhood. Its above-average metrics suggest a home that has been maintained or valued for its generous footprint. A thoughtful perspective is that while the home is older, its construction date is actually newer than many in the immediate area, potentially implying updates over time or slightly different architectural features. The data shows a strong value retention, as it last sold in 2019 for an estimated $500k-$550k, and its current assessed value has risen accordingly.


Frequently Asked Questions

1. How does the lot size compare?
The land area is 4,821 sqft, which is average for North River Heights but slightly below the average for Ash Street itself. This suggests a focus on the home's living space rather than an exceptionally large yard.

2. Is the assessed value high for the area?
Yes. The $579k assessment is consistently in the top 16% on its street, in North River Heights, and city-wide. This indicates the property is officially valued well above the median for comparable homes.

3. What does the "Top X%" ranking mean for living space?
The living area ranks in the top 17-18% locally, meaning over 80% of comparable homes in the area are smaller. This is one of the home's standout features.

4. The home was built in 1945. What should I consider?
While 81 years old, it's actually around the average age for Ash Street and is newer than the average home in North River Heights. Buyers should plan for standard inspections for a home of this era, considering systems like wiring, plumbing, and the roof.

5. How can I find out the exact past sale price?
The provided sold price is an estimated range. To obtain the exact historical sale figures, you must request a manual lookup via email from the site, as they do not display MLS data directly.

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