34 Oswald Bay

Elmhurst, Winnipeg

Property score

76.3

Good

Overall 76.3 · Compared with neighbourhood average

1,327 sqft (bottom 41%) · Built in 1978 (2 yrs older than avg)

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

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 healthcare facility, 1 shop, and 4 parks nearby

Living Area

Near average

13% 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

76.3 is composed by the two sections below.

Property Score

68.9Good
Living Area1,327 sqft71Good
Year Built197867Good
Lot Size5,892 sqft74Good
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
1,327 sqft
0255075100
Same streetBottom 13%Same areaBottom 41%CitywideTop 40%
Same street · Oswald Bay
#20 / 23
Bottom 13% · Avg 1,681 sqft
Same area · Elmhurst
#876 / 1,480
Bottom 41% · Avg 1,523 sqft
Citywide · Winnipeg
#77,478 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

above average
492k
0255075100
Same streetBottom 48%Same areaTop 33%CitywideTop 21%
Same street · Oswald Bay
#12 / 23
Bottom 48% · Avg 493k
Same area · Elmhurst
#484 / 1,480
Top 33% · Avg 460.2k
Citywide · Winnipeg
#40,982 / 194,458
Top 21% · Avg 390.1k

Year Built

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

Lot Size

around average
5,892 sqft
0255075100
Same streetBottom 30%Same areaBottom 26%CitywideTop 35%

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

34 Oswald Bay — 11 amenities found within 500 m, across 6 categories, including 3 dining (nearest 421 m), 1 healthcare (nearest 432 m), 1 shopping (nearest 433 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

Sold 5/2019CA$400k–450k
Sold price

Same street

Bottom 37%

Same area

Top 37%

City-wide

Top 25%

Related homes

Highlights & common questions: 34 Oswald Bay, Winnipeg

Property Overview

34 Oswald Bay is a well-established, single-storey home in Winnipeg's Elmhurst neighbourhood. Built in 1978, it sits on a generous, nearly 5,900 sqft lot and offers 1,327 sqft of living space, including a finished basement. The property features an attached garage and ranks favourably in city-wide metrics for lot size, assessed value, and recent sale price, suggesting solid value within its market.

Key Characteristics & Appeal

This home’s primary appeal lies in its established setting and practical layout. The large lot is a significant asset in a mature neighbourhood, offering ample outdoor space for gardening, play, or future expansion. As a one-storey design with a finished basement, it provides flexible living space that is easily accessible. The data indicates its assessed value is notably strong compared to most Winnipeg homes, which can point to desirable location factors or property condition.

It would suit buyers looking for a move-in-ready home in a quiet, long-standing community without the premium of a new build. It’s particularly practical for those seeking single-level living or who appreciate the character and larger lot sizes found in neighbourhoods from this era. The favourable rankings in value metrics suggest it may also attract the value-conscious buyer who recognizes stability and potential in an older, well-maintained property.

Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings compare this property to others on its street, in Elmhurst, and across all of Winnipeg. For example, its lot size ranks in the top 35% city-wide, meaning it's larger than most. Its high assessment value ranking suggests it is valued above many Winnipeg homes, which can reflect the lot, location, or improvements.

2. Is the finished basement included in the 1,327 sqft living area?
Typically, the listed "living area" refers to above-grade square footage. The finished basement is an additional space, adding functional rooms like a rec room, office, or extra bedrooms not counted in the main figure.

3. The house was built in 1978. What should I be aware of?
While the home has been maintained, a professional inspection is crucial for systems common to that era, such as the roof, original windows, plumbing, electrical wiring, and the foundation. The age also means renovations may follow older styles.

4. How does the 2019 sale price relate to the current asking price?
The 2019 sale of $440,000 provides a historical benchmark. The current assessed value of $492,000 offers a municipal valuation for tax purposes. Market conditions, updates made since 2019, and seller motivation will determine the final listing price.

5. What are the advantages of a large lot in this neighbourhood?
Beyond privacy and space, a large lot in a mature area like Elmhurst offers potential not always available in newer subdivisions. This includes possibilities for additions, a detached garage or workshop, or simply enjoying established trees and landscaping. It also often contributes significantly to the property's overall value.

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