230 Cathcart Street

Varsity View, Winnipeg

Property score

57.7

Fair

Overall 57.7 · Smaller than most nearby homes

875 sqft (bottom 11%) · Built in 1969 (6 yrs older than avg)

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

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 healthcare facility, 1 shop, and 2 parks nearby

Living Area

Below average

37% smaller than neighborhood avg.

Year Built

Below average

6 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

57.7 is composed by the two sections below.

Property Score

41.7Low
Living Area875 sqft32Low
Year Built196952Fair
Lot Size5,382 sqft67Good
Neighbourhood Sales Activity42Low

Community Score

81.7Excellent
Household Income81Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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
340k
0255075100
Same streetBottom 5%Same areaBottom 23%CitywideBottom 43%
Same street · Cathcart Street
#188 / 198
Bottom 5% · Avg 406.8k
Same area · Varsity View
#649 / 848
Bottom 23% · Avg 444.7k
Citywide · Winnipeg
#111,544 / 194,458
Bottom 43% · Avg 390.1k

Year Built

around average
1969
0255075100
Same streetBottom 9%Same areaBottom 35%CitywideTop 49%

Lot Size

around average
5,382 sqft
0255075100
Same streetBottom 6%Same areaBottom 14%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

230 Cathcart Street — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 439 m), 1 shopping (nearest 380 m), 2 parks (nearest 224 m).

Search radius
🏥Healthcare1
🛒Shopping1
🌳Parks2

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

230 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: 230 Cathcart Street, Winnipeg

Property Summary: 230 Cathcart Street, Varsity View, Winnipeg

Key Characteristics & Appeal

This is a classic 1969 bi-level home on a large, 5,382 sqft lot in the established Varsity View neighbourhood. Its key features include a finished basement and a functional 875 sqft layout. The appeal here is grounded in space and location rather than modern finishes. The lot size is a significant asset, offering ample outdoor space that is rare for central neighbourhoods, presenting opportunities for gardening, expansion, or simply enjoying a generous yard. The home’s rankings against local comparables are modest, indicating it is a value-oriented entry point into a desirable area close to the University of Manitoba. It suits first-time buyers, investors, or downsizers seeking a manageable footprint with land potential, who are comfortable with a home that offers solid fundamentals and the chance to add value over time. The lack of a garage is a trade-off for the lot size and location.

Frequently Asked Questions

1. What does the "ranking" data actually mean?
The rankings show how this property compares to others in the immediate area. For example, its land size ranks highly (top 6% on its street), which is a strong positive. Its living area and age are more typical or below average for the area, confirming this is a compact, older home where the land is a primary feature.

2. Is the finished basement included in the 875 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade square footage. The finished basement is an additional space, adding functional room beyond the 875 sqft main floor.

3. What are the implications of a 1969 build year?
Homes from this era often have solid construction but will likely require updates to major systems like plumbing, electrical, or windows. A thorough inspection is advised to understand the condition and any upcoming maintenance.

4. Who would this property not be suitable for?
It may not suit buyers seeking a modern, move-in-ready home with ample indoor living space or those who require an attached garage. The layout and condition are best for those with a vision for updates or who prioritize outdoor space over interior square footage.

5. How should I interpret the assessment value?
The $340,000 assessment is for municipal tax purposes. The market value can be higher or lower based on condition, market trends, and buyer demand. It serves as a baseline, but a current market evaluation is essential for making an offer.

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