306-511 River Avenue

Built 1913Living Area 806 sqft
Sale History
SOLDin Sep 2021
170K±5,000
Tax Assessment
205k(prev. 192k)
+13k(+6.8%)
DateSold PriceNeighbourhood
2021-09Sold170K±5,00069/103

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
45.5● Low
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
205 k
● BELOW AVERAGE
StreetBottom 41%AreaBottom 45%CityBottom 35%
Same street
Bottom 41%
#146 / 246
Same area
Bottom 45%
#814 / 1,471
Citywide
Winnipeg
Bottom 35%
#17,528 / 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 ▼
306-511 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.

306-511 River Avenue: Tax-Assessed Value Analysis

Street Level (River Avenue): Below Average. Ranked #146 out of 246 (Bottom 41%). The street average for comparable homes is 241.2k.

Neighborhood Level (Roslyn): Below Average. Ranked #814 out of 1,471 (Bottom 45%). The neighborhood average for comparable homes is 278.1k.

Citywide Level (Winnipeg): Below Average. Ranked #17,528 out of 26,841 (Bottom 35%). The citywide average for comparable homes is 276.9k.

306-511 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.

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Weekly report
Winnipeg Real Estate Market Report — Jun 1–7, 2026
A tale of two timelines this week: nearly two-thirds of homes closed within 10 days at a steep over-asking premium, while everything that lingered past two weeks sold at a discount. The market is rewarding speed almost without exception.
Realtor recommended · 1 / 2
4 Bedrooms, Steps from U of M An Ideal Home for Living or Renting
In-depth Fort Richmond home review near University of Manitoba. 4-bed detached, 1,921 sqft, public sales records in 2016…
Read review →
Monthly report
Highest May Detached Average on Record $477,313
Winnipeg Real Estate Market Data · May 2026 : Average sets a record May, recovery signals converge — 2026's first month with sales above the 5-year average. Detached $477,313 (highest May on record) · Condo $294,703 (just shy of the 2025 record) Three "2026 firsts": sales above 5-yr avg · listings above last year · Condo sales above last year
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

306-511 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 306-511 River Avenue. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Overview: 306-511 River Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, 806 sqft condo unit in a well-established Roslyn neighborhood building. Its key appeal lies in its relative affordability and location, with an assessed value notably below area averages. The unit is in a historic building (constructed in 1913), which contributes to its character but also means it is significantly older than most comparable properties in the city.

The property would suit first-time buyers or investors seeking an entry point into central Winnipeg neighborhoods without a premium price tag. Its below-average size and value metrics suggest a practical, no-frills option. A thoughtful perspective is that this unit represents the "bones" of the area—it offers a chance to live in a desirable location by compromising on modern build standards and space, appealing to those who prioritize location and budget over newer amenities or square footage.

Section 2: Frequently Asked Questions

1. How does this unit’s value compare to the neighborhood?
Its assessed value of $192k is around average for its specific street but below the broader Roslyn neighborhood average of $257k. This indicates a potentially more affordable option within the area.

2. Is the living space smaller than typical homes?
Yes. At 806 sqft, it is below the city-wide average for comparable homes. It is more in line with the average size found on its own street, suggesting the building consists of cozier, historic units.

3. What should I consider about the 1913 build year?
The building is much older than most in Winnipeg (ranking in the oldest 3% city-wide). Buyers should prioritize a thorough inspection to understand the condition of major systems, potential maintenance fees for a historic structure, and any recent upgrades.

4. What are the sold price details for this property?
Public records show it sold between $150k-$200k in September 2021. The site notes that to obtain the exact sale price and full transaction history, a manual records lookup must be requested, as MLS data is not displayed.

5. Who are the immediate neighbors?
The listing indicates several other units within the same building at 511 River Avenue, suggesting this is a multi-unit condo or apartment building. Nearby reference properties are primarily single-family homes on different streets.