32 Olinyk Cove

Elmhurst, Winnipeg

Property score

87.5

Excellent

Overall 87.5 · Larger and newer than most nearby homes

2,463 sqft (top 2%) · 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

62% 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

87.5 is composed by the two sections below.

Property Score

86.7Excellent
Living Area96
2,463 sqftExcellent
Year Built81
1991Excellent
Lot Size74
5,954 sqftGood
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
2,463 sqft
0255075100
Same streetTop 40%Same areaTop 2%CitywideTop 3%
Same street · Olinyk Cove
#4 / 10
Top 40% · Avg 2,272 sqft
Same area · Elmhurst
#35 / 1,480
Top 2% · Avg 1,523 sqft
Citywide · Winnipeg
#6,220 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
670k
0255075100
Same streetTop 30%Same areaTop 3%CitywideTop 5%
Same street · Olinyk Cove
#3 / 10
Top 30% · Avg 599.5k
Same area · Elmhurst
#47 / 1,480
Top 3% · Avg 460.2k
Citywide · Winnipeg
#9,104 / 194,458
Top 5% · Avg 390.1k

Year Built

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

Lot Size

around average
5,954 sqft
0255075100
Same streetBottom 20%Same areaBottom 28%CitywideTop 34%

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

32 Olinyk Cove — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 415 m), 1 parks (nearest 457 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

32 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: 32 Olinyk Cove, Winnipeg

Property Summary: 32 Olinyk Cove

Key Characteristics & Appeal

This is a spacious, well-established two-storey home in Elmhurst, built in 1991. Its primary appeal lies in its generous proportions and mature setting. With nearly 2,500 sqft of living space, it ranks in the top 3% of homes in Winnipeg for size, offering ample room for a growing or multi-generational family. The property sits on a large, roughly 6,000 sqft lot, and features a finished basement and an attached garage.

The home’s value is underscored by its assessment, which places it in the top 4% citywide, suggesting a solid and desirable property. Its appeal is balanced: it’s not the newest on the block, but it outperforms most homes in the area for space and value. It suits buyers looking for established neighbourhood character, more square footage for their budget, and a home with room to personalize without starting from scratch. A thoughtful perspective is that while it’s 35 years old, this often means larger room sizes, mature landscaping, and a settled community compared to newer, denser subdivisions.

Potential Buyer FAQs

  1. What is the neighbourhood like?
    Elmhurst is a mature, established neighbourhood. The property's high rankings for lot and home size within the community suggest it's among the larger, more private homes in the area, likely on a quiet street.

  2. What does the "finished basement" include?
    The listing confirms a finished basement, but specifics on layout, ceiling height, and finishes would need verification through a viewing or additional details from the seller.

  3. Is the home updated, or will it need work?
    As a 1991 build, major systems like the roof, windows, and HVAC may be at or approaching their typical lifespan. This presents an opportunity to budget for updates that can be tailored to your taste. The high assessment value indicates the structure and location are strong assets.

  4. How does the property rank so highly for size?
    The rankings are comparative. Its 2,463 sqft living area is larger than 97% of Winnipeg homes, meaning it offers rare interior space for the market. The lot size is also substantial, providing excellent outdoor space.

  5. What are the next steps to see if this is the right fit?
    Given its standout size and established nature, scheduling a viewing is key to evaluate the layout, condition, and how the space aligns with your lifestyle. A professional home inspection is highly recommended to understand the condition of its major components.