22 Oswald Bay

Elmhurst, Winnipeg

Property score

75.2

Good

Overall 75.2 · Compared with neighbourhood average

1,276 sqft (bottom 35%) · Built in 1978 (2 yrs older than avg)

Located in a high-income area with median household income of ~116k

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

Living Area

Below average

16% smaller than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 82%French · 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

75.2 is composed by the two sections below.

Property Score

67.0Good
Living Area1,276 sqft66Good
Year Built197867Good
Lot Size6,003 sqft81Excellent
Neighbourhood Sales Activity37Low

Community Score

87.4Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health42Low

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: #46110354

Community deep dive

$116K

Median household income

$132K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

13%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)472
Labour force participation rate50%
Median age49.6
Avg household size2.6
Unemployment rate11%
Population density1815 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households13%
Couple families with children29%
Median household income (2020)$116K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority7%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 81%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
1,276 sqft
0255075100
Same streetBottom 4%Same areaBottom 35%CitywideTop 43%
Same street · Oswald Bay
#22 / 23
Bottom 4% · Avg 1,681 sqft
Same area · Elmhurst
#956 / 1,480
Bottom 35% · Avg 1,523 sqft
Citywide · Winnipeg
#84,128 / 194,458
Top 43% · Avg 1,342 sqft

Tax-Assessed Value

around average
364k
0255075100
Same streetBottom 1%Same areaBottom 13%CitywideTop 49%
Same street · Oswald Bay
#23 / 23
Bottom 1% · Avg 493k
Same area · Elmhurst
#1,282 / 1,480
Bottom 13% · Avg 460.2k
Citywide · Winnipeg
#95,199 / 194,458
Top 49% · Avg 390.1k

Year Built

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

Lot Size

around average
6,003 sqft
0255075100
Same streetBottom 35%Same areaBottom 30%CitywideTop 31%

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

22 Oswald Bay — 11 amenities found within 500 m, across 6 categories, including 3 dining (nearest 435 m), 1 healthcare (nearest 451 m), 1 shopping (nearest 432 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

22 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: 22 Oswald Bay, Winnipeg

Property Summary: 22 Oswald Bay, Elmhurst, Winnipeg

Key Characteristics & Appeal

This 1978-built, single-storey home sits on a spacious 6,003 sqft lot in Winnipeg's Elmhurst neighbourhood. Its key features include a split garage and an unfinished basement, offering a blank canvas for future development. With 1,276 sqft of living space, it presents a practical, no-fuss layout typical of its era.

The primary appeal lies in its solid lot size and established location. The property ranks highly for its land area and age within the broader Winnipeg context, suggesting a well-situated, mature property. Its value proposition is grounded in potential: the unfinished basement allows a new owner to customize additional living space according to their needs and budget, avoiding the premium of a already-finished product. This home would suit a practical buyer—perhaps a first-time homeowner, downsizer, or investor—who values a larger lot in a settled community and sees the benefit in a property that they can gradually adapt or update themselves, rather than paying for a fully renovated turn-key solution.

Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings compare this home to others on its street, in Elmhurst, and across all of Winnipeg. They indicate that while the living space is modest relative to immediate neighbours, the lot size is well above average for the city, and the home itself is newer than many in Winnipeg, which can be positive for certain building materials and systems.

2. Is an unfinished basement a drawback?
Not necessarily. While it requires an investment to finish, it means you can design the space exactly as you want (e.g., a rec room, suite, or workshop) without needing to undo someone else's work. It also means there are no hidden issues with below-grade renovations.

3. Who might this property not suit?
Buyers seeking a modern, move-in-ready home with open-concept layouts and recent high-end finishes would likely find this property dated. It's better suited for those comfortable with a home that may need gradual updates or who prioritize lot size and location over immediate modern amenities.

4. The assessed value seems low relative to the community. Why?
The assessment is for taxation purposes and reflects factors like the unfinished basement and the home's original condition. It often doesn't capture immediate market premiums for location or lot potential, which can be realized upon sale or renovation.

5. What are the advantages of a split garage?
A split garage (typically a double garage separated by a wall) offers more flexibility than a single wide door. It can provide separate workshop or storage areas, and the structure can sometimes be more stable over time, with less strain on a single, large door mechanism.

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