Property score
88.9
Excellent
Overall 88.9 · Larger and newer than most nearby homes
2,579 sqft (top 1%) · Built in 1992 (12 yrs newer than avg)
Located in a high-income area with median household income of ~125k
Transit 50.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Above average
69% larger than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Above average
12 yrs newer than neighborhood avg.
Mother tongue
English · 88%French · 1%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
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88.9 is composed by the two sections below.
Property Score
Community Score
Elmhurst
How to read: Share of sales in each ~$50k price band for “elmhurst” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110357
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
40 Olinyk Cove — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 381 m), 2 parks (nearest 474 m).
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%
40 Olinyk Cove: ਅਸੀਂ ਸਿਰਫ਼ ਜਨਤਕ ਡਾਟਾ ਦੇ ਆਧਾਰ 'ਤੇ ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ ਨਹੀਂ ਦਿਖਾ ਰਹੇ; ਇਸ ਦਾ ਮਤਲਬ ਇਹ ਨਹੀਂ ਕਿ ਕਦੇ ਵਿਕਰੀ ਨਹੀਂ ਹੋਈ। ਤੁਸੀਂ ਹੇਠਾਂ «Data notes» ਵਿੱਚ ਈਮੇਲ ਰਾਹੀਂ ਮੰਗ ਕਰ ਸਕਦੇ ਹੋ—ਅਸੀਂ ਹੱਥੀ ਖੋਜ ਕੇ ਸਭ ਤੋਂ ਸਹੀ ਜਾਣਕਾਰੀ ਨਾਲ ਜਵਾਬ ਦੇਵਾਂਗੇ।
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview: 40 Olynyk Cove
Key Features & Ideal Buyer
This well-established two-storey home in Elmhurst offers a blend of space, recreation, and mature neighbourhood living. Its key characteristics include a generous 2,579 sqft of living space, a fully finished basement, an in-ground pool, and an attached garage on a large 6,307 sqft lot. Built in 1992, the home presents a compelling value proposition with an assessed value of $702,000.
The appeal lies in its rare combination of size and amenities within a sought-after area. The home ranks in the top tier locally for both its square footage and lot size, offering more room than the vast majority of comparable properties. The private backyard pool is a standout feature for family summers and entertaining. Beyond the obvious, its strong rankings for assessed value suggest it is a substantial property that has been well-maintained within its cohort, offering a sense of established stability. This property would ideally suit a growing or multi-generational family looking for a move-in ready home with ample indoor and outdoor space for recreation, and for buyers who value a mature neighbourhood setting over a brand-new build.
Frequently Asked Questions
1. How does the age of the home (built 1992) factor into maintenance?
While the home is well-established, a property of this age may be due for updates to major systems like the roof, HVAC, or windows. A thorough inspection is recommended to budget for any upcoming maintenance or modernization projects.
2. What are the ongoing costs associated with the pool?
Prospective buyers should factor in seasonal opening/closing services, increased utilities for pumping and heating, routine chemical maintenance, and insurance implications. The pool is a fantastic amenity but requires a dedicated annual budget.
3. The home ranks very high for size but lower for "newness" in the community. What does this mean?
This indicates the home is larger than most in Elmhurst, but there are newer constructions nearby. It reflects a trade-off: you gain significant interior space and a mature, landscaped lot, but the design and some finishes may reflect its era rather than current trends.
4. What is the significance of the high assessed value ranking?
Ranking in the top 3% of Winnipeg for assessed value confirms this is a substantial property in the city's market. It generally correlates with higher property taxes but also suggests a strong underlying value and investment in the home over time.
5. Is the finished basement included in the listed living area?
Typically, the 2,579 sqft measurement refers to above-grade living space. The fully finished basement provides additional square footage for recreation or guests, which is a significant bonus not reflected in the primary living area figure.
