207-511 River Avenue

Built 1913Living Area 690 sqft
Sale History
SOLDin Mar 2025
190K±5,0003yr -9.5%
Tax Assessment
197k(prev. 186k)
+11k(+5.9%)
DateSold PriceNeighbourhood
2025-03Sold190K±5,0009/13
2022-05Sold210K±5,00053/102

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

Map
Below average690 sqft · top 81% 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
38.9Low
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
19.5
Low
Living area
15
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
690 sqft
BELOW AVERAGE
StreetBottom 17%AreaBottom 19%CityBottom 13%
Same street
Bottom 17%
#203 / 246
Same area
Bottom 19%
#1,192 / 1,471
Citywide
Winnipeg
Bottom 13%
#23,466 / 26,841
Tax-Assessed Value
197 k
BELOW AVERAGE
StreetBottom 23%AreaBottom 41%CityBottom 32%
Same street
Bottom 23%
#189 / 246
Same area
Bottom 41%
#874 / 1,471
Citywide
Winnipeg
Bottom 32%
#18,306 / 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 ▼
207-511 River Avenue: Living Area Analysis

Street Level (River Avenue): Below Average. Ranked #203 out of 246 (Bottom 17%). The street average for comparable homes is 883 sqft.

Neighborhood Level (Roslyn): Below Average. Ranked #1,192 out of 1,471 (Bottom 19%). The neighborhood average for comparable homes is 1,077 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #23,466 out of 26,841 (Bottom 13%). The citywide average for comparable homes is 1,042 sqft.

207-511 River Avenue: Tax-Assessed Value Analysis

Street Level (River Avenue): Below Average. Ranked #189 out of 246 (Bottom 23%). The street average for comparable homes is 241.2k.

Neighborhood Level (Roslyn): Below Average. Ranked #874 out of 1,471 (Bottom 41%). The neighborhood average for comparable homes is 278.1k.

Citywide Level (Winnipeg): Below Average. Ranked #18,306 out of 26,841 (Bottom 32%). The citywide average for comparable homes is 276.9k.

207-511 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

207-511 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 207-511 River Avenue. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Overview: 207-511 River Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, 690 sqft condo unit in a well-established Roslyn neighborhood building. Built in 1913, it is notably older than most homes in the area and city, which is a key consideration. The assessed value of $186k sits below the average for its own street but is more aligned with broader neighborhood and city averages, suggesting a competitively priced entry point for the location.

Its primary appeal lies in affordability and location. It represents a chance to own in a central Winnipeg neighborhood at a lower price point, likely appealing to first-time buyers, investors, or downsizers seeking a minimal footprint. The data indicates you are paying less for significantly less space, which suits a pragmatic, budget-conscious buyer. A less obvious perspective is that its older building year (1913) could imply unique architectural character not found in newer builds, but it also necessitates a thorough review of the condo corporation's reserve fund and maintenance history for major systems like plumbing, heating, and the building envelope.

Section 2: Frequently Asked Questions

1. Is this unit a good value compared to its neighbors?
Based on assessed value, it is priced below the average for homes on River Avenue itself, but is around the average for the wider Roslyn neighborhood and Winnipeg overall. This suggests the price reflects the unit's smaller size and older building age relative to its immediate street.

2. What should I be mindful of given the building's age?
The building was constructed in 1913. It is essential to investigate the health of the condo corporation's reserve fund, the building's maintenance plan, and the age/condition of major shared infrastructure (roof, boiler, wiring, plumbing). An older building can have charm, but potential for special assessments is a key due diligence item.

3. How does the living space compare to typical homes?
At 690 sqft, the living area is below average for the street, neighborhood, and city. This confirms the unit is a compact, likely one-bedroom layout, suitable for a single person, couple, or as a minimalist living space.

4. Can I get the exact historical sale prices?
The site provides sold price ranges (e.g., CA$150k–200k in 3/2025). For fully verified and exact sale figures, you must request them directly via email, as this platform does not display MLS data due to industry rules.

5. The sold price appears to have dropped between 2022 and 2025. What does that indicate?
The data shows a shift from a higher price band in 2022 to a lower one in 2025. This could reflect market adjustments, changes in the unit's condition, or the specific sale circumstances. It underscores the importance of obtaining those exact figures and having a current market evaluation.