235 Cathcart Street

Varsity View, Winnipeg

Property score

57.7

Fair

Overall 57.7 · Smaller than most nearby homes

828 sqft (bottom 7%) · Built in 1966 (9 yrs older than avg)

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

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

Living Area

Below average

40% smaller than neighborhood avg.

Year Built

Below average

9 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 Area32
828 sqftLow
Year Built52
1966Fair
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
828 sqft
0255075100
Same streetBottom 4%Same areaBottom 7%CitywideBottom 11%
Same street · Cathcart Street
#191 / 198
Bottom 4% · Avg 1,237 sqft
Same area · Varsity View
#789 / 848
Bottom 7% · Avg 1,387 sqft
Citywide · Winnipeg
#173,363 / 194,458
Bottom 11% · Avg 1,342 sqft

Tax-Assessed Value

around average
317k
0255075100
Same streetBottom 1%Same areaBottom 16%CitywideBottom 34%
Same street · Cathcart Street
#196 / 198
Bottom 1% · Avg 406.8k
Same area · Varsity View
#715 / 848
Bottom 16% · Avg 444.7k
Citywide · Winnipeg
#127,404 / 194,458
Bottom 34% · Avg 390.1k

Year Built

around average
1966
0255075100
Same streetBottom 3%Same areaBottom 31%CitywideBottom 48%

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

235 Cathcart Street — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 494 m), 1 shopping (nearest 434 m), 2 parks (nearest 186 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

235 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: 235 Cathcart Street, Winnipeg

Property Summary: 235 Cathcart Street

Key Characteristics & Buyer Appeal

This is a well-maintained, single-storey home built in 1966 on a spacious 5,000+ sqft lot in Varsity View. Its key features include a fully finished basement and a practical 828 sqft layout. The appeal here is grounded in value and potential. While the home ranks below average for size and age within its immediate neighborhood, it sits on a lot that is larger than most in the area, offering a valuable canvas for future expansion or outdoor enjoyment. Its overall city-wide rankings for value are solidly mid-tier, suggesting a competitively priced entry point into a mature, established community.

This property would best suit a first-time buyer, a downsizer, or an investor looking for a manageable, low-maintenance footprint without sacrificing yard space. It’s for someone who sees the charm and opportunity in a vintage home and values the stability of a central location over brand-new finishes. The large lot is a standout feature for those envisioning a garden, addition, or simply more private outdoor space than is typical in the city.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this home to others on its street, in Varsity View, and across all of Winnipeg. For example, ranking "better than 47% of Winnipeg" for lot size means the property lot is larger than nearly half of all city lots, which is a relative strength.

2. Is the age of the home (60 years) a concern?
While the home is older than most in its specific neighborhood, it is comparable to many Winnipeg houses. A thorough inspection is essential to understand the condition of major aging components like the roof, windows, and foundation, which is typical for any home of this vintage.

3. What are the advantages of a fully finished basement?
It immediately adds usable living space, which is valuable in an 828 sqft main-floor home. It can serve as a family room, home office, or additional bedroom space. Ensure you understand the quality of the finish and check for any moisture or ceiling height issues.

4. There's no garage. What are the parking options?
The property listing indicates no garage. Buyers should verify on-site parking options, such as a driveway or pad, and review city street parking regulations for the area.

5. Why is the lot size highlighted as a key feature?
In a mature neighborhood like Varsity View, large lots are increasingly rare. This lot is significantly larger than the city average, providing uncommon space for recreation, gardening, or future projects like a deck, shed, or even an addition, which adds long-term value.