562 St Catherine Street

Archwood, Winnipeg

Property score

39.6

Below average

Overall 39.6 · Smaller and older than most nearby homes

580 sqft (bottom 6%) · Built in 1926 (20 yrs older than avg)

Located in a above-average income area with median household income of ~76.5k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 shop, 2 parks, and 1 sports facility nearby

Living Area

Below average

35% smaller than neighborhood avg.

Year Built

Below average

20 yrs older than neighborhood avg.

Mother tongue

English · 73%French · 14%

Past 10 years Archwood sales snapshot (~80% of all data)

Sold Count

153

Median price

240k

$/sqft

$333/sqft

Avg build year

1946

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Property score

39.6 is composed by the two sections below.

Property Score

16.9Low
Living Area8
580 sqftLow
Year Built20
1926Low
Lot Size38
3,298 sqftLow
Neighbourhood Sales Activity48
Low

Community Score

73.6Good
Household Income75
Good
Education Level63
Fair
Housing Stress83
Excellent
Core Housing Need76
Good
Employment Health76
Good

Neighbourhood Sales

Archwood

How to read: Share of sales in each ~$50k price band for “archwood” (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: #46110539

Community deep dive

$77K

Median household income

$87K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

38%

Single-person households

15%

Families with children

Population, labour & age

Population (2021)713
Labour force participation rate71%
Median age39.2
Avg household size2.0
Unemployment rate9%
Population density1658 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households38%
Couple families with children15%
Median household income (2020)$77K

Housing

Renter households22%
Condominium dwellings0%
Median dwelling value (owners)$260K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority19%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 13%

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

Rankings

Living Area

below average
580 sqft
0255075100
Same streetBottom 11%Same areaBottom 6%CitywideBottom 1%
Same street · St Catherine Street
#42 / 47
Bottom 11% · Avg 860 sqft
Same area · Archwood
#346 / 369
Bottom 6% · Avg 892 sqft
Citywide · Winnipeg
#193,370 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

below average
214k
0255075100
Same streetBottom 17%Same areaBottom 10%CitywideBottom 10%
Same street · St Catherine Street
#39 / 47
Bottom 17% · Avg 260.9k
Same area · Archwood
#332 / 369
Bottom 10% · Avg 276.3k
Citywide · Winnipeg
#174,457 / 194,458
Bottom 10% · Avg 390.1k

Year Built

below average
1926
0255075100
Same streetBottom 13%Same areaBottom 15%CitywideBottom 15%

Lot Size

around average
3,298 sqft
0255075100
Same streetBottom 43%Same areaBottom 15%CitywideBottom 16%

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

562 St Catherine Street — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 206 m), 1 shopping (nearest 182 m), 2 parks (nearest 231 m).

Search radius
🍽️Dining1
🛒Shopping1
🌳Parks2
💪Sports1
Worship3

Crime & Safety

Archwood · WPS public data · 2026

Annual incidents

4

2026

vs. city avg

-86%

relative to avg

Year-over-year

-91%

vs. prior year

Primary type

Property

50%

Sales History

Sold 9/2021CA$200k–250k
Sold price

Same street

Bottom 22%

Same area

Bottom 27%

City-wide

Bottom 15%
Sold 9/2019CA$150k–200k
Sold price

Same street

Bottom 4%

Same area

Bottom 3%

City-wide

Bottom 6%

Related homes

Highlights & common questions: 562 St Catherine Street, Winnipeg

Property Overview & Key Characteristics

This one-storey home on a generous 3,298 sqft lot in Archwood presents a straightforward opportunity. Built in 1926, its key characteristic is its modest 580 sqft living area, which ranks it among the smaller homes in the city. The property features a detached garage and an unrenovated basement. Its appeal lies in its land size, which is above average for the street, and its location within a well-regarded neighbourhood. The data shows a significant increase in value between its 2019 and 2021 sales.

This home would suit a buyer looking for a lower-priced entry into the Archwood area, potentially as a long-term hold with land value potential. It’s a candidate for a full-scale renovation or rebuild, appealing to investors, builders, or handy purchasers comfortable with a project. The modest living space makes it less suitable for those needing immediate move-in readiness or more room without significant investment.


Frequently Asked Questions

1. Why is the living area so small compared to the lot size?
This is typical of many older Winnipeg homes, where the footprint was originally modest. The large lot relative to the house size is often seen as an asset for future expansion, adding a garden, or simply enjoying more outdoor space.

2. What does "unrenovated basement" imply?
It typically means the basement is in original or functional condition, but not modernized. Buyers should budget for potential updates to flooring, lighting, and possibly moisture management, and should anticipate an inspection to clarify its condition.

3. The assessed value is much lower than the last sale price. What does that mean?
Municipal assessed value for taxation purposes often lags behind market value. The 2021 sale price of $220k is a more current indicator of what the market was willing to pay, though conditions can change.

4. Who might be interested in a home like this?
Beyond first-time buyers, it could attract an investor looking for a property with strong redevelopment potential due to the lot size, or a homeowner planning a custom renovation or addition who wants to start with a favourable land-to-structure ratio.

5. How does this property compare to others in Archwood?
The data shows it has a larger-than-average lot for the street but a smaller and older-than-average house. This creates a unique value proposition: you’re paying more for the location and land potential than for the existing structure.