225 Elmhurst Road

Varsity View, Winnipeg

Property score

62.0

Fair

Overall 62.0 · Smaller than most nearby homes

988 sqft (bottom 21%) · Built in 1972 (3 yrs older than avg)

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

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 healthcare facility, 1 shop, and 3 parks nearby

Living Area

Below average

29% 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

62.0 is composed by the two sections below.

Property Score

48.9Low
Living Area42
988 sqftLow
Year Built58
1972Fair
Lot Size67
5,383 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
988 sqft
0255075100
Same streetBottom 26%Same areaBottom 21%CitywideBottom 25%
Same street · Elmhurst Road
#180 / 242
Bottom 26% · Avg 1,247 sqft
Same area · Varsity View
#672 / 848
Bottom 21% · Avg 1,387 sqft
Citywide · Winnipeg
#145,831 / 194,458
Bottom 25% · Avg 1,342 sqft

Tax-Assessed Value

around average
317k
0255075100
Same streetBottom 18%Same areaBottom 16%CitywideBottom 34%
Same street · Elmhurst Road
#198 / 242
Bottom 18% · Avg 393.7k
Same area · Varsity View
#715 / 848
Bottom 16% · Avg 444.7k
Citywide · Winnipeg
#127,404 / 194,458
Bottom 34% · Avg 390.1k

Year Built

above average
1972
0255075100
Same streetTop 30%Same areaBottom 43%CitywideTop 45%

Lot Size

around average
5,383 sqft
0255075100
Same streetBottom 14%Same areaBottom 15%CitywideTop 46%

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 Elmhurst Road — 5 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 312 m), 1 shopping (nearest 259 m), 3 parks (nearest 328 m).

Search radius
🏥Healthcare1
🛒Shopping1
🌳Parks3

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 Elmhurst Road: 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 Elmhurst Road, Winnipeg

Property Overview: 225 Elmhurst Road

This 1972 bi-level home in Varsity View presents a practical opportunity in a well-established neighborhood. Its appeal lies in a combination of a generous, mature lot and a functional layout that has been maintained over time. The home features a finished basement, adding valuable living space to its 988 square foot main footprint. While it does not have a garage or pool, the large 5,383 sqft property offers significant outdoor potential. The assessed value positions it as an accessible entry point into the area.

It would suit first-time buyers or downsizers looking for a manageable home with room to grow outdoors, or investors seeking a property with solid fundamentals in a central location. The rankings provided suggest it is a home of average size and value for Winnipeg, but sits on a newer-than-average lot for its immediate street, hinting at a potentially well-situated parcel in the context of the block.

Key Considerations & FAQs

  1. What is the practical meaning of the "rankings" provided?
    They are relative comparisons. For example, being newer than 70% of homes on its street indicates the lot is among the younger third on the block, which can be positive. However, the home's size and assessed value rank in the lower half locally, confirming it as a more modest property within a desirable area.

  2. What are the implications of a bi-level design?
    Bi-levels typically feature split entryways and defined separation between living and sleeping areas. This can offer good privacy and efficient use of space, but may involve more stairs than a bungalow. The finished basement here effectively adds a second living zone.

  3. How might the large lot be both an advantage and a consideration?
    The lot is a major asset for gardening, play, or future expansion like a shed or deck. Buyers should also consider the associated maintenance—lawn care, tree management—and whether the property's value is primarily in the land.

  4. The home has no garage. How is parking handled?
    This is a key point to clarify. The listing shows no garage, so parking would be via driveway or on-street. Prospective buyers should verify the driveway capacity and local street parking regulations, especially in a mature neighborhood.

  5. Given its age, what should be the focus for a pre-purchase inspection?
    Beyond standard systems, a 52-year-old home warrants specific attention to the foundation, original plumbing and electrical updates, roof age, and evidence of proper drainage around the home, given the large lot. The condition of the basement finish, including moisture control, is also crucial.