3 Oswald Bay

Elmhurst, Winnipeg

Property score

85.6

Excellent

Overall 85.6 · Larger than most nearby homes

2,185 sqft (top 9%) · Built in 1979 (1 yr older than avg)

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

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

Above average

43% larger than neighborhood avg.

Year Built

Near average

1 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

85.6 is composed by the two sections below.

Property Score

84.4Excellent
Living Area94
2,185 sqftExcellent
Year Built67
1979Good
Lot Size85
6,910 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

87.4Excellent
Household Income90
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: #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

above average
2,185 sqft
0255075100
Same streetTop 9%Same areaTop 9%CitywideTop 7%
Same street · Oswald Bay
#2 / 23
Top 9% · Avg 1,681 sqft
Same area · Elmhurst
#129 / 1,480
Top 9% · Avg 1,523 sqft
Citywide · Winnipeg
#13,336 / 194,458
Top 7% · Avg 1,342 sqft

Tax-Assessed Value

above average
494k
0255075100
Same streetTop 48%Same areaTop 32%CitywideTop 21%
Same street · Oswald Bay
#11 / 23
Top 48% · Avg 493k
Same area · Elmhurst
#476 / 1,480
Top 32% · Avg 460.2k
Citywide · Winnipeg
#40,347 / 194,458
Top 21% · Avg 390.1k

Year Built

above average
1979
0255075100
Same streetTop 22%Same areaBottom 43%CitywideTop 34%

Lot Size

above average
6,910 sqft
0255075100
Same streetTop 30%Same areaBottom 48%CitywideTop 18%

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

3 Oswald Bay — 11 amenities found within 500 m, across 6 categories, including 3 dining (nearest 403 m), 1 healthcare (nearest 457 m), 1 shopping (nearest 394 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

3 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: 3 Oswald Bay, Winnipeg

Property Overview

3 Oswald Bay is a spacious, two-storey family home built in 1979, situated on a large, 6,910 sqft lot in Elmhurst. Its primary appeal lies in offering above-average interior space and a generous yard within a well-established neighbourhood. With over 2,100 sqft of living area, it ranks in the top 10% of homes in its immediate area for size, providing ample room for a growing family or those who value space. The home features a finished basement, adding to its functional living area. While it lacks a garage or pool, its value proposition is centered on lot size and interior square footage in a mature community. This property would best suit buyers looking for a classic, no-frills family home with room to grow or personalize, who prioritize space over newer construction or certain amenities. A thoughtful perspective is that its strong rankings for size against local and city-wide benchmarks suggest it's a relatively rare find in its price segment for sheer space, though the 1979 build date means future buyers should be prepared for the maintenance and update cycles typical of a home of this era.

Key Questions for Buyers

1. What is the true value of the lot size?
At nearly 7,000 sqft, the lot is significantly larger than many in modern subdivisions. This offers excellent potential for gardening, outdoor recreation, and future expansions like a shed or deck, which is a major asset for families or entertainers.

2. How does the "finished basement" affect living space and value?
The finished basement directly contributes to the home's total functional area, providing crucial extra space for a family room, home office, or play area. It's a key feature that enhances daily livability, though the quality and condition of the finish should be verified during a viewing.

3. The home ranks highly for size but lower for age in the community. What does this mean?
This indicates you are getting a lot of house for the area, but the building itself is older than many in Elmhurst. It suggests a trade-off: more square footage for your dollar, with the understanding that components like the roof, windows, and mechanical systems may be entering phases where attention or updates are needed.

4. There's no garage. How big of a consideration is this?
For those with multiple vehicles or who need workshop/storage space, this is a significant factor. Buyers would need to consider street parking, the potential cost of adding a garage, or using the large lot for a driveway expansion. It's a practical compromise for the home's other spatial advantages.

5. The assessment value is lower than the asking price. Why?
Municipal assessments are for taxation purposes and often lag behind current market values. The assessment of $494,000 provides a baseline, but the final sale price will be determined by market demand, the home's condition, and recent comparable sales, not the assessment alone.