245 Mcivor Avenue

River East, Winnipeg

Property score

62.2

Fair

Overall 62.2 · Smaller and older than most nearby homes

1,064 sqft (bottom 22%) · Built in 1960 (16 yrs older than avg)

Located in a high-income area with median household income of ~95k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 1 school, 4 shops, and 3 parks nearby

Living Area

Below average

24% smaller than neighborhood avg.

Year Built

Below average

16 yrs older than neighborhood avg.

Mother tongue

English · 76%Punjabi · 2%

Past 10 years River East sales snapshot (~80% of all data)

Sold Count

826

Median price

425k

$/sqft

$395/sqft

Avg build year

1976

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Property score

62.2 is composed by the two sections below.

Property Score

54.6Fair
Living Area1,064 sqft52Fair
Year Built196043Low
Lot Size7,121 sqft88Excellent
Neighbourhood Sales Activity32Low

Community Score

73.7Good
Household Income83Excellent
Education Level54Fair
Housing Stress74Good
Core Housing Need88Excellent
Employment Health52Fair

Neighbourhood Sales

River East

How to read: Share of sales in each ~$50k price band for “river east” (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: #46110746

Community deep dive

$95K

Median household income

$106K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

28%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)656
Labour force participation rate53%
Median age52.4
Avg household size2.3
Unemployment rate3%
Population density2050 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households28%
Couple families with children21%
Median household income (2020)$95K

Housing

Renter households21%
Condominium dwellings25%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority7%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Punjabi · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,064 sqft
0255075100
Same streetBottom 8%Same areaBottom 22%CitywideBottom 35%
Same street · Mcivor Avenue
#183 / 198
Bottom 8% · Avg 1,510 sqft
Same area · River East
#2,201 / 2,836
Bottom 22% · Avg 1,399 sqft
Citywide · Winnipeg
#126,262 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

around average
338k
0255075100
Same streetBottom 5%Same areaBottom 20%CitywideBottom 42%
Same street · Mcivor Avenue
#188 / 198
Bottom 5% · Avg 427.2k
Same area · River East
#2,257 / 2,836
Bottom 20% · Avg 401.1k
Citywide · Winnipeg
#112,954 / 194,458
Bottom 42% · Avg 390.1k

Year Built

around average
1960
0255075100
Same streetBottom 7%Same areaBottom 6%CitywideBottom 42%

Lot Size

above average
7,121 sqft
0255075100
Same streetBottom 29%Same areaTop 30%CitywideTop 16%

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

245 Mcivor Avenue — 13 amenities found within 500 m, across 5 categories, including 4 dining (nearest 320 m), 1 education (nearest 103 m), 4 shopping (nearest 307 m).

Search radius
🍽️Dining4
🏫Education1
🛒Shopping4
🌳Parks3
🏛️Government1

Crime & Safety

River East · WPS public data · 2026

Annual incidents

17

2026

vs. city avg

-42%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

71%

Sales History

Sold 6/2021CA$350k–400k
Sold price

Same street

Bottom 29%

Same area

Bottom 46%

City-wide

Top 45%

Related homes

Highlights & common questions: 245 Mcivor Avenue, Winnipeg

Property Overview: 245 Mcivor Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,064 sqft bungalow, built in 1960, presents a specific value proposition in Winnipeg's River East neighborhood. Its primary appeal lies in its generous 7,121 sqft lot, which is above average for both the neighborhood and the city, offering significant outdoor space and potential. The home itself is more modest in scale, with a living area below the averages for its immediate street and area, but aligning closer to the citywide norm. Similarly, its assessed value of $338k is below the street and area averages, yet sits around the middle range for Winnipeg overall.

This property would suit a pragmatic buyer looking for land size over interior square footage. It’s a candidate for those comfortable with a home that may require updates (given its age relative to neighbors) but who value a larger, private yard. It could appeal to first-time buyers seeking an entry point into a stable neighborhood, or to long-term planners who see the underlying land as the key asset, with the existing house serving as a foundation for future expansion or renovation.

Section 2: Frequently Asked Questions

1. Is this a good value for the area?
The data suggests it is priced below the typical home on Mcivor Avenue and in River East, primarily due to its smaller living area and older construction date. The value is anchored in its larger-than-average lot size.

2. What does the sold price history indicate?
It last sold between $350k-$400k in mid-2021. This past sale price appears consistent with its current assessed value and its positioning below area averages.

3. How does the lot size compare to nearby properties?
The lot is a standout feature. It ranks in the top 30% within River East and the top 16% citywide, meaning you are getting more land than most comparable properties in Winnipeg.

4. The home is older than most on the street. What should I consider?
Built in 1960, it is notably older than the typical 1976-built home on this street. Buyers should budget for potential updates to major systems (like roofing, plumbing, or electrical) that may be due over time, but also may find well-established landscaping and mature trees.

5. Where can I get verified sale price data for this home?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the full transaction history and exact figures via email from the site provider, who will manually look up the data.

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