206-511 River Avenue

Built 1913Living Area 806 sqft
Sale History
SOLDin Sep 2024
160K±5,000
Tax Assessment
210k(prev. 200k)
+10k(+5%)
DateSold PriceNeighbourhood
2024-09Sold160K±5,00091/114

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
Below average806 sqft · top 66% in area · built 1913 · 56 yrs older than avg
$
High-income areaMedian household income ~$51K · top tier income demographics
1-min walk to transit3 nearby routes · score 88/100
Score

Property score

Overall score
45.5Low
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
30.5
Low
Living area
32
Year built
16
Sales activity
98
Community Score
67.9
Fair
Income
56
Education
100
Housing
63
Core need
76
Employment
60
Rankings

How it stacks up

Each metric compared against 246 homes on River Avenue, 1,471 in Roslyn, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
806 sqft
BELOW AVERAGE
StreetBottom 36%AreaBottom 34%CityBottom 23%
Same street
Bottom 36%
#158 / 246
Same area
Bottom 34%
#976 / 1,471
Citywide
Winnipeg
Bottom 23%
#20,692 / 26,841
Tax-Assessed Value
210 k
BELOW AVERAGE
StreetBottom 46%AreaBottom 48%CityBottom 36%
Same street
Bottom 46%
#133 / 246
Same area
Bottom 48%
#763 / 1,471
Citywide
Winnipeg
Bottom 36%
#17,063 / 26,841
Year Built
1913
BELOW AVERAGE
StreetBottom 22%AreaBottom 3%CityBottom 3%
Same street
Bottom 22%
#192 / 246
Same area
Bottom 3%
#1,423 / 1,471
Citywide
Winnipeg
Bottom 3%
#25,943 / 26,841
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
206-511 River Avenue: Living Area Analysis

Street Level (River Avenue): Below Average. Ranked #158 out of 246 (Bottom 36%). The street average for comparable homes is 883 sqft.

Neighborhood Level (Roslyn): Below Average. Ranked #976 out of 1,471 (Bottom 34%). The neighborhood average for comparable homes is 1,077 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #20,692 out of 26,841 (Bottom 23%). The citywide average for comparable homes is 1,042 sqft.

206-511 River Avenue: Tax-Assessed Value Analysis

Street Level (River Avenue): Below Average. Ranked #133 out of 246 (Bottom 46%). The street average for comparable homes is 241.2k.

Neighborhood Level (Roslyn): Below Average. Ranked #763 out of 1,471 (Bottom 48%). The neighborhood average for comparable homes is 278.1k.

Citywide Level (Winnipeg): Below Average. Ranked #17,063 out of 26,841 (Bottom 36%). The citywide average for comparable homes is 276.9k.

206-511 River Avenue: Year Built Analysis

Street Level (River Avenue): Below Average. Ranked #192 out of 246 (Bottom 22%). The street average for comparable homes is 1977.

Neighborhood Level (Roslyn): Below Average. Ranked #1,423 out of 1,471 (Bottom 3%). The neighborhood average for comparable homes is 1969.

Citywide Level (Winnipeg): Below Average. Ranked #25,943 out of 26,841 (Bottom 3%). The citywide average for comparable homes is 1990.

Market

Roslyn market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
777
last 14 years
Median price
219k
14-year area median
Price per sqft
$217/sqft
area average
Avg build year
1969
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
63.5%
Buyer'sBalancedSeller's
Sold
1,465
New listings
2,307
Sold above asking?
Last 7 days
Majority over ask
62%
Below ask62% above
70 of 113 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-04

How to read: Share of sales in each ~$50k price band for “roslyn” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Community deep dive

Who lives in this neighbourhood

Dissemination area #46110403 · Statistics Canada 2021 Census · Population 674
674
Population (2021)
45.6
Median age
1.4
Avg household size
7,488 / km²
Population density
Distribution by household income band
0-5k
1%
5k-10k
1%
10k-15k
1%
15k-20k
2%
20k-25k
13%
25k-30k
9%
30k-35k
4%
35k-40k
7%
40k-45k
6%
45k-50k
4%
50k-60k
8%
60k-70k
6%
70k-80k
7%
80k-90k
6%
90k-100k
6%
100k-125k
6%
125k-150k
3%
150k-200k
7%
200k plus
3%
$51K
Median household income
$78K
Average household income
22%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
68%
Single-person households
3%
Families with children
60%
Labour participation
7%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

206-511 River Avenue — 53 amenities found within 500 m, across 9 categories, including 32 dining (nearest 181 m), 1 education (nearest 449 m), 2 healthcare (nearest 198 m).

Search radius
🍽️Dining32
🏫Education1
🏥Healthcare2
🛒Shopping3
🌳Parks5
💪Sports1
Fuel Stations1
Worship6
🏛️Government2

Crime & safety

Roslyn · WPS public data
Full crime data →
Annual incidents
25
2026
vs. city average
-15%
▲ relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
68% of incidents

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 206-511 River Avenue. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Summary: 206-511 River Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, 806 sqft condo unit in a well-established Roslyn neighborhood building on River Avenue. Its key appeal lies in its location and value proposition within the Winnipeg market. With an assessed value of $200k, it sits at an accessible price point, particularly for the area, having sold between $150k-$200k in late 2024. The unit offers a practical entry into a central neighborhood known for its mature character and proximity to amenities like Osborne Village and the Assiniboine River.

The unit’s characteristics will suit specific buyers. Its below-average size city-wide makes it ideal for a first-time buyer, downsizer, or investor seeking a manageable, lower-maintenance property. The building itself, dating from 1913, is notably older than most in the city, which suggests classic construction but also implies that potential maintenance and building reserve fund health are critical considerations. A thoughtful perspective for a buyer is that while the unit’s size is average for its immediate street, its value ranks higher (top 51% in the area), indicating you may be paying more for location than square footage here. This trade-off suits someone prioritizing neighborhood over spaciousness.

Section 2: Frequently Asked Questions

1. What are the condo fees, and what do they cover?
This information is not provided in the public data. A direct inquiry to the property manager or seller is essential to understand monthly fees and what utilities, amenities, or maintenance costs are included.

2. How does the 1913 build date affect the property?
While offering classic charm, a building of this age requires diligent review. Potential buyers should prioritize a thorough inspection, scrutinize the building's engineering reports, and examine the condominium reserve fund study to understand future repair obligations and special assessment risks.

3. The sold price range seems below the assessed value. Why?
The assessed value is for municipal tax purposes and may not reflect current market value. The recent sale within the $150k-$200k range suggests the market price aligned with or was below the assessment. Factors like unit condition, specific building issues, or sale terms could influence this.

4. What is the building's vibe and demographic?
Given the unit size and building age, it likely attracts a mix of long-term residents, younger professionals, and retirees. Reviewing the condo rules and speaking to neighbors can provide insight into noise levels, pet policies, and the general community atmosphere.

5. How can I get the exact sale price and history?
As noted, the public site provides sold price bands due to data source restrictions. You can request the exact sale history and verified figures directly via email from the site provider, who will manually retrieve and send the information.