Property score
57.7
Fair
Overall 57.7 · Smaller than most nearby homes
864 sqft (bottom 10%) · Built in 1968 (7 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 shop, and 2 parks nearby
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 80%French · 3%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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57.7 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110348
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
245 Cathcart Street — 3 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 451 m), 2 parks (nearest 157 m).
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%
245 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 245 Cathcart Street, Varsity View, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1968, situated on a generous 5,047 sqft lot in the established Varsity View neighbourhood. Its key features include a fully finished basement and a functional 864 sqft layout. The appeal here is grounded in space, location, and value. The lot size is a significant asset, offering ample outdoor space and potential in a mature community. While the home itself is modest in size and of a classic design, its rankings show it holds its own in terms of lot size and assessed value within the broader Winnipeg context.
This property would suit a first-time buyer, a downsizer, or an investor looking for a solid entry point into a desirable, central neighbourhood near the University of Manitoba. It’s a home for someone who values a large yard and a quiet street over modern finishes, and who sees the underlying value in the land and location. A thoughtful perspective is that this home represents a "blank canvas" opportunity—its rankings suggest there is room to improve its standing through updates, making it a strategic purchase for someone willing to invest sweat equity to increase its value relative to the area.
Section 2: Frequently Asked Questions
1. What is the neighbourhood like?
Varsity View is a mature, quiet residential community near the University of Manitoba. It offers a blend of long-term residents and academic affiliates, with convenient access to green spaces, transit, and campus amenities.
2. Is the basement a legal suite?
The listing notes the basement is finished but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income.
3. How should I interpret the provided rankings?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. For example, its lot size ranks highly city-wide (top 53%), while its living area is more modest (top 84%). This helps highlight its strengths (land) relative to its peers.
4. What are the implications of the 1968 build year?
A home of this age will have classic construction and likely require updates to major systems like plumbing, electrical, or windows. It’s wise to budget for potential modernizations while appreciating the character of a well-built mid-century home.
5. There’s no garage. What are the parking options?
The property has no garage, which is common for homes of this era in the area. Parking is via driveway, and on-street parking is typically available in this neighbourhood.
