235 Elmhurst Road

Varsity View, Winnipeg

Property score

79.2

Good

Overall 79.2 · Larger and newer than most nearby homes

1,663 sqft (top 26%) · Built in 1989 (14 yrs newer 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 2 parks nearby

Living Area

Above average

20% larger than neighborhood avg.

Year Built

Above average

14 yrs newer 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

79.2 is composed by the two sections below.

Property Score

77.5Good
Living Area83
1,663 sqftExcellent
Year Built78
1989Good
Lot Size67
5,382 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

above average
1,663 sqft
0255075100
Same streetTop 12%Same areaTop 26%CitywideTop 23%
Same street · Elmhurst Road
#28 / 242
Top 12% · Avg 1,247 sqft
Same area · Varsity View
#221 / 848
Top 26% · Avg 1,387 sqft
Citywide · Winnipeg
#43,756 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
483k
0255075100
Same streetTop 14%Same areaTop 34%CitywideTop 23%
Same street · Elmhurst Road
#35 / 242
Top 14% · Avg 393.7k
Same area · Varsity View
#287 / 848
Top 34% · Avg 444.7k
Citywide · Winnipeg
#43,978 / 194,458
Top 23% · Avg 390.1k

Year Built

above average
1989
0255075100
Same streetTop 12%Same areaTop 25%CitywideTop 23%

Lot Size

around average
5,382 sqft
0255075100
Same streetBottom 12%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

235 Elmhurst Road — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 329 m), 1 shopping (nearest 281 m), 2 parks (nearest 308 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 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: 235 Elmhurst Road, Winnipeg

Property Overview: 235 Elmhurst Road

Key Characteristics & Appeal

This is a well-maintained, two-storey home built in 1989, offering a comfortable 1,663 sqft of living space on a generous 5,382 sqft lot in the established Varsity View neighbourhood. Its key appeal lies in its relative modernity compared to many area homes, having been built nearly four decades later than much of the surrounding housing stock. This often translates to more contemporary layouts and potentially fewer major upkeep concerns.

The home’s standout feature is its strong performance in key rankings, particularly for its size, age, and assessed value within its immediate area. It ranks in the top tier for living space, newness, and value on its street and in the wider community, meaning it offers more square footage and is newer than the majority of comparable homes nearby. The finished basement adds functional living space. It does not have a garage or pool.

This property would suit a buyer looking for a move-in ready family home in a central, mature neighbourhood without the extreme upkeep often associated with much older character homes. It’s a practical choice for those who value space, a relatively modern build, and a property that already holds a strong competitive position in its local market.


Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings show how this property compares to others in the area. For example, ranking in the "top 12%" for living space on its street means 88% of houses on Elmhurst Road are smaller. This data highlights the home’s relative strengths in size and modernity within a sought-after location.

2. Is the lack of a garage a significant drawback?
For some buyers, yes. However, the large lot (over 5,300 sqft) presents a potential opportunity to add a garage or a substantial shed, subject to city bylaws. This could be seen as a chance to add value and customize the property.

3. The home is 37 years old. What should I be aware of?
While newer than many neighbourhood homes, a 1989 build means key components like the roof, windows, and major mechanical systems (furnace, water heater) may be nearing or have reached their typical lifespans. A thorough inspection is advised to assess their condition and plan for any future updates.

4. How does the assessed value relate to the listing price?
The municipal assessment ($483,000) is for tax purposes and reflects a mass appraisal from a prior date. It’s a useful benchmark showing the home is valued highly relative to the market, but the final sale price will be determined by current market conditions, the home’s specific condition, and buyer demand.

5. What is the neighbourhood vibe in Varsity View?
Varsity View is a central, established residential area known for its tree-lined streets and proximity to the University of Manitoba. It offers a quiet, family-oriented atmosphere with the convenience of nearby academic and recreational facilities, appealing to those who want a suburban feel with easy city access.