225 Cathcart Street

Varsity View, Winnipeg

Property score

58.4

Fair

Overall 58.4 · Smaller than most nearby homes

875 sqft (bottom 11%) · Built in 1972 (3 yrs older than avg)

Located in a high-income area with median household income of ~91k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 healthcare facility, 1 shop, and 1 park nearby

Living Area

Below average

37% smaller than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 80%French · 3%

Past 10 years Varsity View sales snapshot (~80% of all data)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

58.4 is composed by the two sections below.

Property Score

42.9Low
Living Area32
875 sqftLow
Year Built58
1972Fair
Lot Size67
5,047 sqftGood
Neighbourhood Sales Activity42
Low

Community Score

81.7Excellent
Household Income81
Excellent
Education Level72
Good
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

Neighbourhood Sales

Varsity View

How to read: Share of sales in each ~$50k price band for “varsity view” (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: #46110348

Community deep dive

$91K

Median household income

$105K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

26%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)392
Labour force participation rate62%
Median age48.4
Avg household size2.3
Unemployment rate4%
Population density1866 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children26%
Median household income (2020)$91K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)13%
Visible minority8%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 79%
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

below average
875 sqft
0255075100
Same streetBottom 11%Same areaBottom 11%CitywideBottom 14%
Same street · Cathcart Street
#176 / 198
Bottom 11% · Avg 1,237 sqft
Same area · Varsity View
#752 / 848
Bottom 11% · Avg 1,387 sqft
Citywide · Winnipeg
#166,772 / 194,458
Bottom 14% · Avg 1,342 sqft

Tax-Assessed Value

around average
354k
0255075100
Same streetBottom 13%Same areaBottom 30%CitywideBottom 48%
Same street · Cathcart Street
#173 / 198
Bottom 13% · Avg 406.8k
Same area · Varsity View
#596 / 848
Bottom 30% · Avg 444.7k
Citywide · Winnipeg
#101,844 / 194,458
Bottom 48% · Avg 390.1k

Year Built

around average
1972
0255075100
Same streetBottom 40%Same areaBottom 43%CitywideTop 45%

Lot Size

around average
5,047 sqft
0255075100
Same streetBottom 4%Same areaBottom 6%CitywideBottom 47%

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

225 Cathcart Street — 3 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 471 m), 1 shopping (nearest 406 m), 1 parks (nearest 244 m).

Search radius
🏥Healthcare1
🛒Shopping1
🌳Parks1

Crime & Safety

Varsity View · WPS public data · 2026

Annual incidents

6

2026

vs. city avg

-80%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

83%

Sales History

225 Cathcart Street: 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: 225 Cathcart Street, Winnipeg

Property Overview

This 1972 bi-level home at 225 Cathcart Street offers a practical footprint in the established Varsity View neighbourhood. Its key appeal lies in presenting a manageable, single-family home on a large, 5,047 sqft lot—a combination that is increasingly rare. The home features a finished basement and a detached garage. Market data indicates it ranks as a more affordable option within its immediate area, positioned in the lower half for price and size among local comparables, yet it holds a stronger value standing across the wider Winnipeg market. This creates a specific niche: it’s a home for those who prioritize land space and neighbourhood character over sheer interior square footage.

It would suit first-time buyers seeking a house with yard potential without a premium price tag, or downsizers looking for a maintainable property in a mature community. Its value-oriented profile also appeals to investors or handy buyers who see potential in the existing structure and the substantial lot.


Frequently Asked Questions

1. What does the ranking data actually mean?
The percentages show how this property compares to others. For example, ranking "better than 47% of Winnipeg homes" on price means it's more affordable than nearly half the market, positioning it as a mid-to-lower priced option city-wide.

2. Is the finished basement included in the 875 sqft living area?
Typically, the listed living area (875 sqft) refers to above-ground, heated space. The finished basement adds usable rooms but is considered separate, extra square footage.

3. The house ranks low for size on its street. Is it notably small?
At 875 sqft above ground, it is on the compact side for the neighbourhood. The appeal shifts from interior space to the exterior: you're acquiring a proportionally large lot, which could allow for future expansion, gardening, or outdoor living.

4. As a 54-year-old bi-level, what should I budget for maintenance?
While systems may have been updated, a home of this age warrants a thorough inspection. Budget for potential updates to major components like the roof, windows, or heating system, which are common for the era.

5. The lot is large, but what are the rules for using it?
The 5,047 sqft lot offers great potential, but any significant changes—like building an addition, a large shed, or a parking pad—will require checking City of Winnipeg zoning bylaws and possibly obtaining permits.