Property score
52.9
Fair
Overall 52.9 · Smaller than most nearby homes
875 sqft (bottom 11%) · Built in 1972 (3 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 shop, and 2 parks nearby
Living Area
Below average
37% smaller than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 78%Tagalog · 4%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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52.9 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: #46110349
$77K
Median household income
$79K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
41%
Single-person households
19%
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
270 Cathcart Street — 3 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 489 m), 2 parks (nearest 114 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 20% | Bottom 34% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
270 Cathcart Street is a well-situated bi-level home in Winnipeg's Varsity View neighbourhood. Built in 1972, it sits on a large, approximately 7,000 sqft lot and features a finished basement and a detached garage. With 875 sqft of living space, it's a compact yet functional layout. The home's assessed value is $386,000, and it last sold in 2017 for $324,000. Its appeal lies in its prime location within a mature, central community, offering a substantial lot size that is increasingly rare for the area. The data suggests it represents a solid, middle-of-the-road option within its immediate neighbourhood but stands out more significantly when compared to the wider Winnipeg market, particularly for its lot size and overall value assessment.
Key Characteristics & Ideal Buyer
This property is defined by its balance of location, lot size, and pragmatic layout. Its key characteristic is the generous 6,994 sqft lot, which provides ample outdoor space and potential in a central, established area like Varsity View. The home itself is a modestly sized bi-level with a finished basement, catering to efficient living rather than expansiveness. Its appeal is grounded in being a manageable property in a desirable location, with stats showing it outperforms 83% of Winnipeg homes on lot size. It would suit first-time buyers or downsizers seeking a low-maintenance footprint without sacrificing yard space, or an investor/renovator attracted by the underlying value of the land and the potential to update the existing structure. A less obvious perspective is that while the home ranks average in many categories within its own community, its strong city-wide rankings hint at a property that may offer better relative value compared to outlying areas, making it a strategic entry point into a central neighbourhood.
Frequently Asked Questions
1. How does the bi-level layout affect living space?
A bi-level typically features living areas split across two short flights of stairs, creating defined separation between sleeping and living zones. The 875 sqft size indicates a efficient use of space, suitable for smaller households.
2. What does the "finished basement" entail?
The listing confirms a finished basement but does not specify the finish quality, rooms, or ceiling height. This would be a key point for verification during a viewing to understand the true usable space.
3. Why is the lot size a significant feature?
At nearly 7,000 sqft, the lot is larger than over 80% of properties in Winnipeg. In a mature neighbourhood like Varsity View, this offers rare potential for gardening, expansion, or simply more private outdoor space than newer central developments.
4. How should the provided rankings be interpreted?
The rankings compare this property to others on its street, in Varsity View, and across all Winnipeg. They are useful for understanding relative standing. For example, ranking in the top 17% city-wide for lot size is a strong asset, while its average rankings within the community suggest it's a typical home for the area.
5. What is indicated by the difference between the 2017 sale price and current assessed value?
The increase from the 2017 sale price ($324,000) to the current assessed value ($386,000) reflects market appreciation and assessment changes over seven years. The assessed value is used for tax purposes; the eventual sale price is determined by the current market.
