234 Cathcart Street

Varsity View, Winnipeg

Property score

73.0

Good

Overall 73.0 · Older than most nearby homes

1,355 sqft (top 43%) · Built in 1958 (17 yrs older than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 healthcare facility, 1 shop, and 2 parks nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Below average

17 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

73.0 is composed by the two sections below.

Property Score

67.2Good
Living Area71
1,355 sqftGood
Year Built43
1958Low
Lot Size93
8,072 sqftExcellent
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

above average
1,355 sqft
0255075100
Same streetTop 25%Same areaTop 43%CitywideTop 38%
Same street · Cathcart Street
#50 / 198
Top 25% · Avg 1,237 sqft
Same area · Varsity View
#366 / 848
Top 43% · Avg 1,387 sqft
Citywide · Winnipeg
#74,329 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

around average
377k
0255075100
Same streetBottom 32%Same areaBottom 39%CitywideTop 45%
Same street · Cathcart Street
#135 / 198
Bottom 32% · Avg 406.8k
Same area · Varsity View
#521 / 848
Bottom 39% · Avg 444.7k
Citywide · Winnipeg
#87,097 / 194,458
Top 45% · Avg 390.1k

Year Built

around average
1958
0255075100
Same streetBottom 2%Same areaBottom 23%CitywideBottom 39%

Lot Size

above average
8,072 sqft
0255075100
Same streetTop 18%Same areaTop 34%CitywideTop 11%

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

234 Cathcart Street — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 448 m), 1 shopping (nearest 391 m), 2 parks (nearest 208 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

234 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: 234 Cathcart Street, Winnipeg

Property Overview

This 1958-built one-storey home in Varsity View offers a blend of established neighborhood character and practical space. Its key appeal lies in its generous 8,072 sqft lot—a rare find that places it in the top 11% of all Winnipeg properties for land size. The 1,355 sqft living area is above average for the area, and the home features a finished basement and a detached garage. While the house itself is older, its value is anchored in the substantial, private outdoor space and the stability of a mature community. This property would suit a buyer looking for a long-term family home with room to grow, garden, or potentially expand, and who values a quiet, established neighborhood over a brand-new build. It's a solid, grounded choice for someone comfortable with the character and maintenance considerations of an older home, but who places a premium on land.

Key Questions & Considerations

  1. What does the "finished basement" entail? Given the home's age, it's important to clarify the finish level, ceiling height, and any updates to plumbing or electrical in this space to understand its true functionality.
  2. How does the older construction date impact utilities and maintenance? Prospective buyers should proactively investigate the age and condition of major systems like the roof, wiring, plumbing, and heating, as these can be significant considerations in a 68-year-old home.
  3. What is the potential of the large lot? Beyond gardening, the lot size opens possibilities for future additions, a detached workshop, or simply unparalleled private outdoor space—a growing luxury in city neighborhoods.
  4. Why is the assessed value ranking lower than the land size ranking? The assessment reflects the current state of the older structure itself. This dynamic suggests the property's market value is heavily influenced by the land, indicating potential for value growth through strategic updates.
  5. What is the feel of the neighborhood beyond the statistics? Varsity View is known for its quiet, tree-lined streets and central location. Buyers should visit at different times to gauge traffic, neighbor interactions, and the overall community vibe that the numbers can't capture.