740 Niagara Street

South River Heights, Winnipeg

Property score

77.2

Good

Overall 77.2 · Compared with neighbourhood average

1,478 sqft (top 49%) · Built in 1957 (2 yrs older than avg)

Located in a high-income area with median household income of ~125k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 park, and 1 place of worship nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 84%French · 2%

Past 10 years South River Heights sales snapshot (~80% of all data)

Sold Count

330

Median price

507k

$/sqft

$443/sqft

Avg build year

1959

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Property score

77.2 is composed by the two sections below.

Property Score

67.1Good
Living Area1,478 sqft75Good
Year Built195743Low
Lot Size5,980 sqft74Good
Neighbourhood Sales Activity48Low

Community Score

92.3Excellent
Household Income91Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

South River Heights

How to read: Share of sales in each ~$50k price band for “south river heights” (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: #46111039

Community deep dive

$125K

Median household income

$122K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

17%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)512
Labour force participation rate65%
Median age45.2
Avg household size2.6
Unemployment rate8%
Population density3413 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households17%
Couple families with children38%
Median household income (2020)$125K

Housing

Renter households7%
Condominium dwellings7%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)13%
Visible minority10%
Bachelor's or higher (25–64)70%
Mother tongue (1st)English · 84%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

around average
1,478 sqft
0255075100
Same streetTop 46%Same areaTop 49%CitywideTop 32%
Same street · Niagara Street
#157 / 343
Top 46% · Avg 1,491 sqft
Same area · South River Heights
#446 / 919
Top 49% · Avg 1,590 sqft
Citywide · Winnipeg
#61,957 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
482k
0255075100
Same streetTop 34%Same areaTop 49%CitywideTop 23%
Same street · Niagara Street
#115 / 343
Top 34% · Avg 476.8k
Same area · South River Heights
#451 / 919
Top 49% · Avg 502.5k
Citywide · Winnipeg
#44,347 / 194,458
Top 23% · Avg 390.1k

Year Built

Elite
1957
0255075100
Same streetTop 5%Same areaBottom 37%CitywideBottom 37%

Lot Size

above average
5,980 sqft
0255075100
Same streetTop 11%Same areaBottom 48%CitywideTop 33%

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

740 Niagara Street — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 124 m), 2 education (nearest 289 m), 1 parks (nearest 367 m).

Search radius
🍽️Dining1
🏫Education2
🌳Parks1
Worship1

Crime & Safety

South River Heights · WPS public data · 2026

Annual incidents

8

2026

vs. city avg

-73%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

88%

Sales History

Sold 2/2018CA$350k–400k
Sold price

Same street

Bottom 35%

Same area

Bottom 29%

City-wide

Top 34%

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