270 Oakwood Avenue

Riverview, Winnipeg

66.9

Good

Overall 66.9

Smaller than most nearby homes

1,052 sqft (bottom 30%)

Built in 1930 (8 yrs older than avg)

Located in a high-income area

with median household income of ~123k

Transit 80.0

5-min walk to transit with 3 nearby routes

Within 500m: 8 dining spots, 2 schools, 2 healthcare facilitys, and 2 parks nearby

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Near average

8 yrs older than neighborhood avg.

Mother tongue

English · 89%French · 3%

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

Sold Count

470

Median price

405k

$/sqft

$308/sqft

Avg build year

1938

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Property score

66.9 is composed by the two sections below.

Property Score

50.1Fair
Living Area1,052 sqft52Fair
Year Built193022Low
Lot Size6,397 sqft81Excellent
Neighbourhood Sales Activity48Low

Community Score

92.0Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

Riverview

How to read: Share of sales in each ~$50k price band for “riverview” (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: #46110455

Community deep dive

$123K

Median household income

$127K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

19%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)536
Labour force participation rate70%
Median age42.8
Avg household size2.6
Unemployment rate4%
Population density2330 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households19%
Couple families with children35%
Median household income (2020)$123K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority7%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 88%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
1,052 sqft
0255075100
Same streetBottom 26%Same areaBottom 30%CitywideBottom 34%
Same street · Oakwood Avenue
#70 / 94
Bottom 26% · Avg 1,457 sqft
Same area · Riverview
#1,035 / 1,480
Bottom 30% · Avg 1,306 sqft
Citywide · Winnipeg
#129,083 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

around average
334k
0255075100
Same streetBottom 26%Same areaBottom 29%CitywideBottom 40%
Same street · Oakwood Avenue
#70 / 94
Bottom 26% · Avg 399.3k
Same area · Riverview
#1,046 / 1,480
Bottom 29% · Avg 389.3k
Citywide · Winnipeg
#115,799 / 194,458
Bottom 40% · Avg 390.1k

Year Built

around average
1930
0255075100
Same streetTop 36%Same areaBottom 43%CitywideBottom 18%

Lot Size

above average
6,397 sqft
0255075100
Same streetTop 20%Same areaTop 21%CitywideTop 24%

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

270 Oakwood Avenue — 16 amenities found within 500 m, across 6 categories, including 8 dining (nearest 454 m), 2 education (nearest 194 m), 2 healthcare (nearest 454 m).

Search radius
🍽️Dining8
🏫Education2
🏥Healthcare2
🌳Parks2
💪Sports1
Worship1

Crime & Safety

Riverview · WPS public data · 2026

Annual incidents

7

2026

vs. city avg

-76%

relative to avg

Year-over-year

-96%

vs. prior year

Primary type

Property

57%

Sales History

Sold 12/2024CA$350k–400k
Sold price

Same street

Top 48%

Same area

Top 41%

City-wide

Top 42%

Related homes

Highlights & common questions: 270 Oakwood Avenue, Winnipeg

Property Overview: 270 Oakwood Avenue, Riverview, Winnipeg

Key Characteristics & Appeal

This 1930-built home in Riverview presents a practical opportunity centered on its land. At just over 1,050 square feet, the living space is modest and below the average for its own street, but it sits on a lot that is larger than most in the neighborhood. This creates a clear value proposition: you are investing more in the property's outdoor potential and location than in its current interior footprint. The assessed value is positioned below area averages, suggesting a relatively accessible entry point into the Riverview neighborhood.

The appeal lies in this balance. It suits a buyer who values a larger yard in an established community and sees the home itself as a solid foundation. This could be a first-time buyer comfortable with a cozier layout, a downsizer seeking manageable indoor space with room for gardening, or an investor/renovator who views the lot size as the primary asset with the option to expand or update the structure over time. It’s a property for those who prioritize land and location, with the understanding that the home may require updates or simply offers a more compact living experience.

Frequently Asked Questions

1. Is the sold price provided accurate?
The displayed sold price range is based on publicly available data, not the MLS. For fully verified, exact sale figures, you must request a manual lookup via email from the site.

2. How does the home's size compare to others?
At 1,052 sq ft, the living area is smaller than many homes on Oakwood Avenue but is around the average for the wider Riverview neighborhood and Winnipeg overall.

3. What is the most standout feature of this property?
The lot size of 6,397 sq ft is notably above average for the Riverview area, offering more outdoor space than approximately 80% of comparable neighborhood properties.

4. Would this be considered a renovation project?
Given its 1930 construction and below-average assessed value for the street, some updates are likely. However, its citywide assessed value is around average, indicating it is not fundamentally undervalued as a "fixer-upper" compared to the broader market.

5. How does it compare to the house right next door?
The directly neighboring property at 290 Oakwood Avenue, built the same year, has a larger living area (1,460 sq ft) and a higher assessed value ($420k), highlighting the size and value differentials even on the same block.

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