35 Oswald Bay

Elmhurst, Winnipeg

Property score

81.3

Excellent

Overall 81.3 · Compared with neighbourhood average

1,694 sqft (top 34%) · Built in 1981 (1 yr newer 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: 4 dining spots, 1 healthcare facility, 1 shop, and 4 parks nearby

Living Area

Near average

11% larger than neighborhood avg.

Year Built

Near average

1 yrs newer 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

81.3 is composed by the two sections below.

Property Score

77.3Good
Living Area83
1,694 sqftExcellent
Year Built73
1981Good
Lot Size74
5,840 sqftGood
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
1,694 sqft
0255075100
Same streetTop 43%Same areaTop 34%CitywideTop 21%
Same street · Oswald Bay
#10 / 23
Top 43% · Avg 1,681 sqft
Same area · Elmhurst
#500 / 1,480
Top 34% · Avg 1,523 sqft
Citywide · Winnipeg
#41,243 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
469k
0255075100
Same streetBottom 30%Same areaTop 42%CitywideTop 25%
Same street · Oswald Bay
#16 / 23
Bottom 30% · Avg 493k
Same area · Elmhurst
#618 / 1,480
Top 42% · Avg 460.2k
Citywide · Winnipeg
#48,724 / 194,458
Top 25% · Avg 390.1k

Year Built

above average
1981
0255075100
Same streetTop 9%Same areaTop 49%CitywideTop 33%

Lot Size

around average
5,840 sqft
0255075100
Same streetBottom 17%Same areaBottom 24%CitywideTop 36%

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

35 Oswald Bay — 12 amenities found within 500 m, across 6 categories, including 4 dining (nearest 370 m), 1 healthcare (nearest 383 m), 1 shopping (nearest 381 m).

Search radius
🍽️Dining4
🏥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

35 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: 35 Oswald Bay, Winnipeg

Property Overview

This 1981 four-level split home in Elmhurst offers a practical layout with 1,694 sqft of finished living space, including a developed basement, on a generous 5,840 sqft lot. Its key appeal lies in its established neighborhood setting and its strong relative standing in several metrics. While it lacks a garage or pool, it ranks notably well for its above-average living space and newer construction year compared to most of Winnipeg. The home presents a solid, move-in-ready foundation in a mature area.

Who It's For: This property would suit first-time buyers or downsizers looking for a manageable, single-family home with room to grow into. It’s a match for those who value a large yard over an attached garage and prefer the character of an established, quiet street. The finished basement adds valuable flexible space for a family, a home office, or hobbies.


Key Questions for Consideration

1. What are the pros and cons of a four-level split layout?
This design offers good separation of living and sleeping areas, often creating distinct zones. However, it involves more stairs than a bungalow or two-story, which is a factor for those with mobility concerns or very young children.

2. The home ranks highly for its "newness" on the street. What does this mean?
Built in 1981, it is newer than 91% of homes on its street. This can suggest updated infrastructure (like wiring or plumbing) compared to much older neighbors and potentially less immediate need for major system overhauls.

3. There's no garage. How significant is this for resale or daily life in Winnipeg?
For many buyers, covered parking is a major priority, especially in winter. The lack of a garage is a tangible compromise. Assessing the driveway space for multiple vehicles and the potential/ cost to add a shed or future garage would be important steps.

4. The lot is large, but what's the condition and orientation?
A 5,840 sqft lot is a significant asset. A viewing should assess how much is usable backyard, its sunlight exposure, and whether the landscaping is manageable or requires substantial work. A south-facing backyard is often prized.

5. The assessment value is below the asking price. Why is that?
Municipal assessments are for tax purposes and often lag behind the current market. The sale price is determined by what buyers are willing to pay based on recent comparable sales, condition, and demand. It's a starting point for discussion, not a direct market valuation.