24 Olinyk Cove

Elmhurst, Winnipeg

Property score

89.2

Excellent

Overall 89.2 · Larger and newer than most nearby homes

2,422 sqft (top 3%) · Built in 1991 (11 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, and 1 park nearby

Living Area

Above average

59% larger than neighborhood avg.

Year Built

Above average

11 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

89.2 is composed by the two sections below.

Property Score

89.6Excellent
Living Area96
2,422 sqftExcellent
Year Built81
1991Excellent
Lot Size93
8,062 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
2,422 sqft
0255075100
Same streetTop 50%Same areaTop 3%CitywideTop 4%
Same street · Olinyk Cove
#5 / 10
Top 50% · Avg 2,272 sqft
Same area · Elmhurst
#41 / 1,480
Top 3% · Avg 1,523 sqft
Citywide · Winnipeg
#6,892 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
637k
0255075100
Same streetTop 40%Same areaTop 4%CitywideTop 6%
Same street · Olinyk Cove
#4 / 10
Top 40% · Avg 599.5k
Same area · Elmhurst
#62 / 1,480
Top 4% · Avg 460.2k
Citywide · Winnipeg
#11,377 / 194,458
Top 6% · Avg 390.1k

Year Built

above average
1991
0255075100
Same streetTop 30%Same areaTop 7%CitywideTop 22%

Lot Size

above average
8,062 sqft
0255075100
Same streetTop 40%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

24 Olinyk Cove — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 442 m), 1 parks (nearest 420 m).

Search radius
🏫Education1
🌳Parks1

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

24 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: 24 Olinyk Cove, Winnipeg

Property Overview & Key Characteristics

This spacious two-storey home in Elmhurst offers a blend of established comfort and above-average amenities for its area. Built in 1991, it sits on a large, private lot over 8,000 sq ft. The key appeal lies in its generous 2,422 sq ft of living space, which ranks in the top 3% for size within the community, combined with the desirable features of a finished basement, an in-ground pool, and an attached garage. Its value proposition is underscored by its assessment ranking, which places it in the top 5% of Winnipeg for its valuation bracket.

The home’s broad appeal is rooted in its space and established setting. It would suit a family looking for ample indoor and outdoor living areas for growing or hosting, with the pool being a major recreational asset. It also fits buyers who prioritize a home with room to grow but in a mature neighbourhood, offering more lot size and interior square footage than many newer builds in the area. A thoughtful perspective is that while the home is 35 years old, its rankings indicate it has been maintained as a larger, more valuable property relative to its peers, suggesting it has been a well-kept asset in a stable area.


Frequently Asked Questions

1. What is the significance of the provided rankings?
The rankings show how this property compares to others in its immediate street, the wider Elmhurst community, and all of Winnipeg. They are based on key metrics like lot size, living area, age, and assessed value. For example, ranking in the top 3% for living area in Elmhurst confirms this is a notably spacious home for the neighbourhood.

2. Is the pool a major factor in the maintenance and cost?
Yes. While a significant luxury and entertainment feature, an in-ground pool requires seasonal opening/closing, ongoing chemical maintenance, and has associated utility costs. It is a considerable asset for the right buyer but represents an ongoing commitment.

3. What does the age of the home (1991) imply for a buyer?
Homes from this era often have modern floorplans and foundational systems but may be due for scheduled updates to original components. A pre-purchase inspection would be crucial to assess the condition of the roof, windows, HVAC, and major appliances, which are at a stage where they may need attention or replacement.

4. How does the finished basement factor into the living space?
The finished basement adds valuable flexible space to the 2,422 sq ft main living area. It’s ideal for a recreation room, home office, or guest space. It’s important to confirm the quality of the finish, ceiling height, and ensure it meets local code requirements for egress and moisture control.

5. Who is the typical buyer for a property like this?
This home is best suited for a family or household seeking established community roots with room to spread out. The combination of large lot, pool, and significant interior space targets buyers looking for a long-term home with recreational amenities already in place, who are also prepared for the upkeep that comes with a property of this size and age.