850 Waterloo Street

South River Heights, Winnipeg

Property score

82.1

Excellent

Overall 82.1 · Larger than most nearby homes

1,763 sqft (top 29%) · Built in 1957 (2 yrs older than avg)

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

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 parks, and 1 sports facility nearby

Living Area

Above average

11% larger 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

82.1 is composed by the two sections below.

Property Score

75.3Good
Living Area1,763 sqft86Excellent
Year Built195743Low
Lot Size6,520 sqft85Excellent
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

above average
1,763 sqft
0255075100
Same streetTop 29%Same areaTop 29%CitywideTop 19%
Same street · Waterloo Street
#94 / 322
Top 29% · Avg 1,633 sqft
Same area · South River Heights
#269 / 919
Top 29% · Avg 1,590 sqft
Citywide · Winnipeg
#36,048 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
536k
0255075100
Same streetTop 28%Same areaTop 31%CitywideTop 14%
Same street · Waterloo Street
#91 / 322
Top 28% · Avg 552.1k
Same area · South River Heights
#287 / 919
Top 31% · Avg 502.5k
Citywide · Winnipeg
#28,142 / 194,458
Top 14% · Avg 390.1k

Year Built

above average
1957
0255075100
Same streetTop 7%Same areaBottom 37%CitywideBottom 37%

Lot Size

above average
6,520 sqft
0255075100
Same streetTop 14%Same areaTop 19%CitywideTop 22%

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

850 Waterloo Street — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 407 m), 2 education (nearest 355 m), 2 parks (nearest 377 m).

Search radius
🍽️Dining1
🏫Education2
🌳Parks2
💪Sports1

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 6/2021CA$500k–550k
Sold price

Same street

Top 36%

Same area

Top 29%

City-wide

Top 12%

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