555 Cambridge Street

North River Heights, Winnipeg

75.3

Good

Overall 75.3

Compared with neighbourhood average

1,560 sqft (top 42%)

Built in 1941 (4 yrs newer than avg)

Located in a high-income area

with median household income of ~123k

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

Near average

1% larger than neighborhood avg.

Year Built

Near average

4 yrs newer 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

75.3 is composed by the two sections below.

Property Score

63.0Fair
Living Area1,560 sqft79Good
Year Built194124Low
Lot Size4,809 sqft60Fair
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
1,560 sqft
0255075100
Same streetTop 30%Same areaTop 42%CitywideTop 27%
Same street · Cambridge Street
#59 / 195
Top 30% · Avg 1,332 sqft
Same area · North River Heights
#913 / 2,168
Top 42% · Avg 1,540 sqft
Citywide · Winnipeg
#53,147 / 194,458
Top 27% · Avg 1,342 sqft

Tax-Assessed Value

above average
493k
0255075100
Same streetTop 23%Same areaTop 31%CitywideTop 21%
Same street · Cambridge Street
#44 / 195
Top 23% · Avg 421.7k
Same area · North River Heights
#679 / 2,168
Top 31% · Avg 479.3k
Citywide · Winnipeg
#40,665 / 194,458
Top 21% · Avg 390.1k

Year Built

around average
1941
0255075100
Same streetBottom 33%Same areaTop 34%CitywideBottom 20%

Lot Size

around average
4,809 sqft
0255075100
Same streetBottom 40%Same areaBottom 41%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

555 Cambridge Street — 5 amenities found within 500 m, across 3 categories, including 3 parks (nearest 280 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 12/2022CA$450k–500k
Sold price

Same street

Top 16%

Same area

Top 28%

City-wide

Top 18%

Related homes

Highlights & common questions: 555 Cambridge Street, Winnipeg

Property Overview: 555 Cambridge Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home at 555 Cambridge Street presents a compelling blend of space, established value, and a prime North River Heights location. Built in 1941, it is a classic example of the neighbourhood's character, sitting on a near 4,800 sqft lot. With 1,560 sqft of living area, the home offers above-average interior space compared to most on its street and across Winnipeg, suggesting a comfortable layout for daily life.

Its primary appeal lies in its strong positional value. The assessed value of $493,000 ranks well above average for Cambridge Street and city-wide, indicating a property that has appreciated solidly within a desirable area. Interestingly, while the home is older, it fits the typical age profile for North River Heights, meaning it resides in a mature, stable community with predictable upkeep expectations. The data suggests this isn't a fixer-upper outlier, but a well-situated home in good company.

This property would suit a buyer looking for a established neighbourhood with tree-lined streets, who values more interior space and a lot that provides room without being overwhelming. It’s ideal for someone who appreciates a home with a history and proven value growth, rather than a brand-new build. The buyer should be prepared for the maintenance that comes with an 85-year-old home, balanced by the charm and stability of the North River Heights community.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
The home sold between $450,000 and $500,000 in late 2022. Its assessed value of $493,000 ranks in the top 23% on Cambridge Street, meaning it is valued higher than most of its immediate neighbours, which average around $421,700.

2. Is the living space larger or smaller than other homes nearby?
At 1,560 sqft, the living area is notably larger than the average home on Cambridge Street (~1,332 sqft) and slightly above the average for North River Heights. It offers more interior space than roughly 70% of similar homes city-wide.

3. What should I know about the age and potential upkeep of a 1941 home?
Built in 1941, the home is older than the Winnipeg city average. This is typical for North River Heights, where many homes are from this era. Buyers should budget for updates to major aging components like plumbing, electrical, or the roof, and consider a thorough inspection to understand the home's specific condition.

4. How does the lot size compare?
The 4,809 sqft lot is slightly smaller than the average lot on Cambridge Street but is very close to the average for North River Heights. It provides a generous yard space typical for the area, without the extensive upkeep of a much larger plot.

5. Where can I get verified, exact sold price data for this property?
The public data shows a sold price range. To obtain the exact sale history and figures, you must request a manual lookup via email from the site provider, as they do not display MLS sold records due to industry regulations.

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