10 Oswald Bay

Elmhurst, Winnipeg

Property score

81.4

Excellent

Overall 81.4 · Compared with neighbourhood average

1,637 sqft (top 37%) · Built in 1978 (2 yrs older than avg)

Located in a high-income area with median household income of ~112k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 healthcare facility, 1 shop, and 4 parks nearby

Living Area

Near average

7% larger than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 75%Chinese · 2%

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

Sold Count

438

Median price

477k

$/sqft

$391/sqft

Avg build year

1980

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Property score

81.4 is composed by the two sections below.

Property Score

77.8Good
Living Area83
1,637 sqftExcellent
Year Built67
1978Good
Lot Size85
6,796 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

86.9Excellent
Household Income89
Excellent
Education Level91
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health42
Low

Neighbourhood Sales

Elmhurst

How to read: Share of sales in each ~$50k price band for “elmhurst” (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: #46110355

Community deep dive

$112K

Median household income

$154K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

9%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)265
Labour force participation rate46%
Median age54.8
Avg household size2.5
Unemployment rate9%
Population density828 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households9%
Couple families with children28%
Median household income (2020)$112K

Housing

Renter households9%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority5%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Chinese · 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
1,637 sqft
0255075100
Same streetTop 48%Same areaTop 37%CitywideTop 24%
Same street · Oswald Bay
#11 / 23
Top 48% · Avg 1,681 sqft
Same area · Elmhurst
#546 / 1,480
Top 37% · Avg 1,523 sqft
Citywide · Winnipeg
#45,777 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
466k
0255075100
Same streetBottom 22%Same areaTop 43%CitywideTop 26%
Same street · Oswald Bay
#18 / 23
Bottom 22% · Avg 493k
Same area · Elmhurst
#632 / 1,480
Top 43% · Avg 460.2k
Citywide · Winnipeg
#49,730 / 194,458
Top 26% · Avg 390.1k

Year Built

around average
1978
0255075100
Same streetTop 48%Same areaBottom 39%CitywideTop 35%

Lot Size

above average
6,796 sqft
0255075100
Same streetTop 43%Same areaBottom 46%CitywideTop 19%

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

10 Oswald Bay — 11 amenities found within 500 m, across 6 categories, including 3 dining (nearest 444 m), 1 healthcare (nearest 478 m), 1 shopping (nearest 438 m).

Search radius
🍽️Dining3
🏥Healthcare1
🛒Shopping1
🌳Parks4
🏦Finance1
Worship1

Crime & Safety

Elmhurst · WPS public data · 2026

Annual incidents

5

2026

vs. city avg

-83%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

80%

Sales History

10 Oswald Bay: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 10 Oswald Bay, Winnipeg

Property Overview & Key Characteristics

10 Oswald Bay is a well-established, single-storey home in Elmhurst, built in 1978. Its primary appeal lies in its generous proportions and established neighbourhood setting. The home offers 1,637 sqft of living space on a large, nearly 6,800 sqft lot, providing ample room both indoors and out. A key feature is the finished basement, which adds functional living space. The property ranks notably well within Winnipeg for its lot and living area size (surpassing 81% and 79% of city homes, respectively), indicating it is a larger-than-average offering for the market.

This home would best suit buyers looking for a solid, spacious bungalow in a mature community without the premium of a newer build. It’s ideal for those who value interior space and a sizable yard over a recently constructed home. The strong rankings for size suggest it offers good value for buyers prioritizing square footage. It could be a fit for downsizers seeking single-level living with room for family visits, or for families who appreciate the stability of an established area and are willing to update the home over time.


Frequently Asked Questions

1. What is the significance of the property rankings listed?
The rankings show how this home compares to others in its immediate street, broader Elmhurst community, and all of Winnipeg. For example, ranking in the top 21% in Winnipeg for living area means it is notably larger than most homes in the city, a key advantage.

2. Is the 48-year-old age of the home a concern?
While the 1978 build means major systems (like roof, windows, furnace) may be at or beyond their typical lifespan, it also means the home is situated in a mature neighbourhood with established landscaping and community character. A thorough inspection is essential to understand the condition and any upcoming capital costs.

3. The assessment value is lower than the asking price. Why?
Municipal assessments are for tax purposes and often lag behind current market values, which are driven by recent sales, demand, and specific property features. The assessment is a starting point, not a definitive market price.

4. What are the pros and cons of a home that ranks highly for size but average for age?
The pros are more living and yard space for your dollar compared to newer homes. The potential con is that some of your budget may be allocated to modernizing or maintaining older components rather than purchasing brand-new finishes.

5. What does the "finished basement" entail?
The listing confirms the basement is finished, adding usable space to the 1,637 sqft main floor. It’s important to clarify the finish quality, ceiling height, legal egress, and whether it includes a bathroom or separate entrance, as these factors affect its value and utility.