28 Olinyk Cove

Elmhurst, Winnipeg

Property score

90.1

Excellent

Overall 90.1 · Larger and newer than most nearby homes

2,938 sqft (top 1%) · 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

93% 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

90.1 is composed by the two sections below.

Property Score

91.1Excellent
Living Area98
2,938 sqftExcellent
Year Built81
1991Excellent
Lot Size95
9,281 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
2,938 sqft
0255075100
Same streetTop 10%Same areaTop 1%CitywideTop 1%
Same street · Olinyk Cove
#1 / 10
Top 10% · Avg 2,272 sqft
Same area · Elmhurst
#6 / 1,480
Top 1% · Avg 1,523 sqft
Citywide · Winnipeg
#2,224 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

above average
566k
0255075100
Same streetBottom 30%Same areaTop 12%CitywideTop 11%
Same street · Olinyk Cove
#7 / 10
Bottom 30% · Avg 599.5k
Same area · Elmhurst
#174 / 1,480
Top 12% · Avg 460.2k
Citywide · Winnipeg
#21,084 / 194,458
Top 11% · Avg 390.1k

Year Built

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

Lot Size

above average
9,281 sqft
0255075100
Same streetTop 10%Same areaTop 14%CitywideTop 8%

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

28 Olinyk Cove — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 438 m), 1 parks (nearest 433 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

28 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: 28 Olinyk Cove, Winnipeg

Property Summary: 28 Olynyk Cove

Key Characteristics & Appeal

This is a spacious, well-established family home in Elmhurst, built in 1991. Its primary appeal lies in its generous scale and prime lot. With nearly 3,000 sqft of living space, it ranks in the top 1% of homes in Winnipeg for size, offering ample room for a large or multi-generational family. The property sits on a large, approximately 9,280 sqft lot and features a built-in pool and an attached garage.

The home’s standout characteristic is its exceptional relative size within its community, suggesting it is one of the larger models in the area. While the basement is unfinished, this presents a customization opportunity for future expansion. The property’s assessed value ranks highly in both the neighborhood and citywide, indicating a solid investment in a desirable location.

This home would best suit buyers looking for a long-term family base with established gardens and neighborhood maturity. It’s ideal for those who value space over move-in perfection and have the vision to potentially finish the basement to their own specifications. The pool adds a recreational element perfect for family summers, but also implies maintenance consideration.


Frequently Asked Questions

1. What is the true significance of the high ranking for living space?
It means this home is genuinely larger than almost all comparable properties, not just in the immediate area but across Winnipeg. This suggests larger room sizes, more storage, and a layout that’s increasingly rare in newer builds.

2. The basement is unfinished. What should I consider?
While it requires an investment to finish, it offers significant potential to add customized living space, such as a rec room, home gym, or additional bedrooms, without the constraints of a previous owner’s design choices.

3. How should I interpret the mix of rankings for year built and value?
The home is newer than most in Winnipeg but is in the mature stage of its lifecycle. Its high assessment ranking suggests it has maintained value well, but a buyer should budget for updates typical of a 35-year-old home, like windows, roofing, or mechanical systems.

4. What does owning a pool in Winnipeg entail?
It provides a private summer oasis but requires seasonal opening/closing, ongoing maintenance, and insurance considerations. It’s a valuable lifestyle feature for some, but a commitment others may not want.

5. Why is the lot size a key feature?
At over 9,000 sqft, the lot is substantially larger than average, offering superior outdoor privacy, space for gardening, play, and the pool, with room to potentially expand the home itself, subject to local bylaws.