20 Olinyk Cove

Elmhurst, Winnipeg

Property score

89.6

Excellent

Overall 89.6 · Larger and newer than most nearby homes

2,768 sqft (top 1%) · Built in 1990 (10 yrs newer than avg)

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

Transit 50.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Above average

82% larger than neighborhood avg.

Year Built

Above average

10 yrs newer than neighborhood avg.

Mother tongue

English · 88%French · 1%

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

89.6 is composed by the two sections below.

Property Score

90.2Excellent
Living Area98
2,768 sqftExcellent
Year Built78
1990Good
Lot Size93
8,064 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

88.7Excellent
Household Income91
Excellent
Education Level82
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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: #46110357

Community deep dive

$125K

Median household income

$158K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

15%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)421
Labour force participation rate67%
Median age49.6
Avg household size2.6
Unemployment rate7%
Population density2631 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households15%
Couple families with children37%
Median household income (2020)$125K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority7%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 88%
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

Elite
2,768 sqft
0255075100
Same streetTop 20%Same areaTop 1%CitywideTop 2%
Same street · Olinyk Cove
#2 / 10
Top 20% · Avg 2,272 sqft
Same area · Elmhurst
#12 / 1,480
Top 1% · Avg 1,523 sqft
Citywide · Winnipeg
#3,083 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
746k
0255075100
Same streetTop 10%Same areaTop 1%CitywideTop 3%
Same street · Olinyk Cove
#1 / 10
Top 10% · Avg 599.5k
Same area · Elmhurst
#18 / 1,480
Top 1% · Avg 460.2k
Citywide · Winnipeg
#5,759 / 194,458
Top 3% · Avg 390.1k

Year Built

above average
1990
0255075100
Same streetBottom 10%Same areaTop 8%CitywideTop 22%

Lot Size

above average
8,064 sqft
0255075100
Same streetTop 30%Same areaTop 26%CitywideTop 11%

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

20 Olinyk Cove — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 437 m), 1 parks (nearest 416 m).

Search radius
🏫Education1
🌳Parks1
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

20 Olinyk Cove: 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: 20 Olinyk Cove, Winnipeg

Property Summary: 20 Olynyk Cove

Key Characteristics & Appeal

This 1990-built two-storey home in Elmhurst presents a compelling opportunity for buyers seeking space, established value, and a quiet location. Its primary appeal lies in its generous proportions: the 2,768 sqft living area ranks within the top 1% of homes in both the community and Winnipeg, offering ample room for a growing or multi-generational family. The property sits on a large 8,064 sqft lot and features a finished basement and an attached garage.

The home’s value proposition is underscored by its strong market position. With an assessed value of $746,000, it ranks in the top 10% of its street, top 1% of Elmhurst, and top 3% city-wide, indicating a well-regarded property in a desirable setting. While the build year is older, placing it in the newer half of Winnipeg’s housing stock, the appeal here is less about modern finishes and more about proven stability, established neighbourhood character, and significant interior space. This property would best suit buyers who prioritize square footage and lot size over a brand-new build, and who appreciate a home with a strong, long-term value foundation in a mature community.


Frequently Asked Questions

Q: How does the age of the home affect its appeal?
A: Built in 1990, the home is part of a mature neighbourhood with established landscaping and community character. While some systems may be due for updates, the age is reflected in the classic two-storey layout and larger lot size, offering a different value proposition than newer, often denser subdivisions.

Q: What do the ranking percentages actually mean for me?
A: They indicate the property’s competitive standing. For example, ranking in the top 1% for living space in Winnipeg means it is genuinely larger than 99% of homes, a rare find. The high rankings for assessed value suggest it is consistently viewed as a premium property relative to its surroundings.

Q: Is the finished basement included in the listed living area?
A: Typically, the 2,768 sqft figure refers to above-grade living space. The finished basement provides additional usable square footage that is not included in that official calculation, effectively adding more functional space to the home.

Q: The home ranks highly for value but lower for newness on its street. Is that a concern?
A: This specific contrast suggests that on its particular street, it is one of the older homes but is also assessed as the most valuable (top 10%). This can indicate a well-maintained or expanded property on a premium lot, where the land and overall utility outweigh the build date.

Q: What is the neighbourhood feel of Elmhurst?
A: Elmhurst is a established, family-oriented community in Winnipeg. With properties like this ranking highly within the area, it points to a neighbourhood with a mix of long-term residents and substantial homes, often associated with stability and access to mature amenities and schools.