47 Oswald Bay

Elmhurst, Winnipeg

Property score

79.5

Good

Overall 79.5 · Compared with neighbourhood average

1,403 sqft (bottom 45%) · Built in 1978 (2 yrs older than avg)

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

Transit 64.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 1 healthcare facility, 1 shop, and 3 parks nearby

Living Area

Near average

8% 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

79.5 is composed by the two sections below.

Property Score

74.2Good
Living Area75
1,403 sqftGood
Year Built67
1978Good
Lot Size93
8,982 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

around average
1,403 sqft
0255075100
Same streetBottom 22%Same areaBottom 45%CitywideTop 35%
Same street · Oswald Bay
#18 / 23
Bottom 22% · Avg 1,681 sqft
Same area · Elmhurst
#809 / 1,480
Bottom 45% · Avg 1,523 sqft
Citywide · Winnipeg
#68,887 / 194,458
Top 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
479k
0255075100
Same streetBottom 35%Same areaTop 37%CitywideTop 23%
Same street · Oswald Bay
#15 / 23
Bottom 35% · Avg 493k
Same area · Elmhurst
#553 / 1,480
Top 37% · Avg 460.2k
Citywide · Winnipeg
#45,325 / 194,458
Top 23% · Avg 390.1k

Year Built

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

Lot Size

above average
8,982 sqft
0255075100
Same streetTop 22%Same areaTop 18%CitywideTop 8%

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

47 Oswald Bay — 11 amenities found within 500 m, across 6 categories, including 4 dining (nearest 355 m), 1 healthcare (nearest 360 m), 1 shopping (nearest 385 m).

Search radius
🍽️Dining4
🏥Healthcare1
🛒Shopping1
🌳Parks3
🏦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

47 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: 47 Oswald Bay, Winnipeg

Property Summary: 47 Oswald Bay, Winnipeg

Key Characteristics & Appeal

This is a well-established, single-storey home in Elmhurst, sitting on a generous, near 9,000 sqft lot—a significant asset that places it in the top tier of properties locally. Built in 1978, it offers 1,403 sqft of living space with a finished basement and an attached garage. The home’s standout appeal lies in its land size and established neighbourhood setting, offering space and privacy that are increasingly rare. Its overall municipal assessment ranks highly across Winnipeg, suggesting solid long-term value.

The property would particularly suit buyers looking for a grounded, no-fuss family home with room to grow outdoors, or those seeking a manageable single-level layout. It’s a practical choice for someone who values a large yard over a brand-new build, and who appreciates the character and mature landscaping of an established community. A thoughtful perspective is that this home represents a balance: it offers more land than most, providing future potential, while the mature age of the property means a savvy buyer will be attentive to the condition of major systems and the opportunity to customize updates to their own taste over time.

Frequently Asked Questions

1. What does the high ranking for land size actually mean?
It means this property’s lot is larger than 92% of all residential lots in Winnipeg, offering exceptional outdoor space compared to typical newer subdivisions.

2. Is the finished basement included in the 1,403 sqft living area?
No, the 1,403 sqft refers to the above-grade living space. The finished basement provides additional usable square footage.

3. The home was built in 1978. What should I be mindful of?
While offering solid construction, a home of this age may have original components like windows, roofing, or major systems (HVAC, plumbing) nearing or past their typical lifespan. A thorough inspection is advised to plan for future maintenance or updates.

4. How does the assessed value relate to the likely selling price?
The municipal assessment of $479,000 is for tax purposes and is not a market appraisal. It can be a useful benchmark, but the selling price will be determined by current market conditions, the home’s specific condition, and buyer demand.

5. What are the advantages of a one-storey layout?
It offers main-floor living convenience, which is ideal for aging in place, families with young children, or anyone seeking to avoid stairs. It often allows for a more open floor plan and can be more efficient to heat and cool.