309-511 River Avenue

Built 1913Living Area 585 sqft
Sale History
SOLDin Oct 2023
180K±5,000
Tax Assessment
169k(prev. 160k)
+9k(+5.6%)
DateSold PriceNeighbourhood
2023-10Sold180K±5,00063/88

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

Map
Below average585 sqft · top 95% 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
36.1Low
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
14.9
Low
Living area
8
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
585 sqft
BELOW AVERAGE
StreetBottom 7%AreaBottom 5%CityBottom 4%
Same street
Bottom 7%
#228 / 246
Same area
Bottom 5%
#1,403 / 1,471
Citywide
Winnipeg
Bottom 4%
#25,683 / 26,841
Tax-Assessed Value
169 k
BELOW AVERAGE
StreetBottom 9%AreaBottom 20%CityBottom 18%
Same street
Bottom 9%
#225 / 246
Same area
Bottom 20%
#1,173 / 1,471
Citywide
Winnipeg
Bottom 18%
#21,897 / 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 ▼
309-511 River Avenue: Living Area Analysis

Street Level (River Avenue): Below Average. Ranked #228 out of 246 (Bottom 7%). The street average for comparable homes is 883 sqft.

Neighborhood Level (Roslyn): Below Average. Ranked #1,403 out of 1,471 (Bottom 5%). The neighborhood average for comparable homes is 1,077 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #25,683 out of 26,841 (Bottom 4%). The citywide average for comparable homes is 1,042 sqft.

309-511 River Avenue: Tax-Assessed Value Analysis

Street Level (River Avenue): Below Average. Ranked #225 out of 246 (Bottom 9%). The street average for comparable homes is 241.2k.

Neighborhood Level (Roslyn): Below Average. Ranked #1,173 out of 1,471 (Bottom 20%). The neighborhood average for comparable homes is 278.1k.

Citywide Level (Winnipeg): Below Average. Ranked #21,897 out of 26,841 (Bottom 18%). The citywide average for comparable homes is 276.9k.

309-511 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

309-511 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 309-511 River Avenue. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Overview: 309-511 River Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, 585 sqft property in Winnipeg's Roslyn neighborhood, built in 1913. Its key characteristic is its position as a more affordable entry point into a desirable central area. With an assessed value significantly below area averages, its primary appeal lies in value and location over size or modern features.

The property suits specific buyer profiles well. It’s a practical option for a first-time buyer or an investor seeking a lower-cost asset in a established neighborhood. It could also appeal to a minimalist or someone looking for a small city footprint without a large mortgage. A less obvious perspective is its potential as a "placeholder" property—allowing an owner to gain equity in a sought-after location while planning a future renovation or build, given the lot's context among larger, newer homes.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the neighborhood average?
The assessed value reflects the property's smaller size (585 sqft) and older age (1913) compared to the larger, more modern homes that pull the area averages up. Value here is driven more by the land location than the current structure.

2. What does the "Top X%" ranking for living area mean?
It means this home's square footage is smaller than most comparable properties. For example, ranking in the "Top 96%" city-wide means 96% of similar Winnipeg homes are larger. This isn't a quality judgment, but a clear indicator you are considering a compact space.

3. How reliable is the sold price range shown (CA$150k–200k)?
The range is based on publicly available data, not the official MLS. To get the exact, verified sale price from its last transaction in October 2023, you must request it directly from the site via email, as noted in the disclaimer.

4. The home is very old. Should I be concerned?
A 1913 build requires a focused inspection. While it offers classic charm, potential buyers should prioritize evaluations for foundational integrity, wiring, plumbing, and insulation to understand any needed updates or associated costs.

5. Who are the immediate neighbors?
The listing shows several other units within the same 511 River Avenue address, suggesting this is likely a condominium or apartment-style building. The "nearby properties" list indicates direct neighbors are other units in the same complex, not detached homes.