74.6
Good
Property score
74.6
Good
Overall 74.6
Newer than most nearby homes
1,459 sqft (top 49%)
Built in 1945 (8 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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
5% smaller than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 90%French · 2%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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74.6 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: #46110385
$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
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
565 Cambridge Street — 5 amenities found within 500 m, across 3 categories, including 3 parks (nearest 269 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 5% | Top 14% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 565 Cambridge Street, Winnipeg
Key Characteristics & Appeal
This home at 565 Cambridge Street is a classic North River Heights property built in 1945, offering 1,459 square feet of living space on a 4,803 sqft lot. Its appeal lies in its established neighbourhood setting and its position as a solid, middle-of-the-road offering. The assessed value of $407,000 is notably below the area average, which could present an opportunity for buyers seeking entry into this desirable area. The home recently sold in March 2025 for an estimated $600k–650k, a price that ranked in the top 5-14% of sales for the area, indicating strong market interest.
The property suits practical buyers who value location and potential over immediate perfection. It’s ideal for someone comfortable with a home from the 1940s, likely seeing it as a sound foundation for updates. The lot size is smaller than others on the street, which may appeal to those seeking lower maintenance without sacrificing yard space. This isn’t a standout luxury property, but rather a grounded, typical home for the neighbourhood that has proven desirable in the current market.
Frequently Asked Questions
1. How does this home’s value compare to its recent sale price?
The home’s assessed value is $407,000, but it sold for an estimated $600,000–$650,000 in March 2025. This significant difference is common and reflects the current market value versus the city’s assessment for tax purposes, which often lags behind.
2. Is the lot size a disadvantage?
The lot of 4,803 sqft is below average for Cambridge Street but is around the average for the wider North River Heights area. It offers a balance of outdoor space without the extensive upkeep of a larger lot, which can be a benefit for many.
3. What does the sale price ranking mean?
The sold price ranked in the top 5% on its street and top 14% in the area, meaning it sold for more than most comparable nearby properties recently. This suggests the home had specific features or market conditions that attracted a premium.
4. Given its age, what should I consider?
Built in 1945, the home is older than most in Winnipeg but is typical for North River Heights. Prospective buyers should budget for potential updates to older mechanical systems, windows, or insulation that are common with homes of this era.
5. How can I find out the exact sold price?
The exact sold price is not publicly displayed due to data source restrictions. You can request the exact figure by emailing the site directly for a manual lookup, which they provide without using your email for marketing.
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