306 Elmhurst Road

Varsity View, Winnipeg

Property score

55.0

Fair

Overall 55.0 · Smaller and older than most nearby homes

964 sqft (bottom 18%) · Built in 1956 (19 yrs older than avg)

Located in a above-average income area with median household income of ~77k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 shop, and 2 parks nearby

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Below average

19 yrs older than neighborhood avg.

Mother tongue

English · 78%Tagalog · 4%

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

55.0 is composed by the two sections below.

Property Score

49.1Low
Living Area42
964 sqftLow
Year Built43
1956Low
Lot Size88
7,210 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

63.9Fair
Household Income75
Good
Education Level34
Low
Housing Stress52
Fair
Core Housing Need76
Good
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: #46110349

Community deep dive

$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

Population, labour & age

Population (2021)426
Labour force participation rate69%
Median age38.8
Avg household size2.0
Unemployment rate9%
Population density2662 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households41%
Couple families with children19%
Median household income (2020)$77K

Housing

Renter households35%
Condominium dwellings17%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority14%
Bachelor's or higher (25–64)17%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Tagalog · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
964 sqft
0255075100
Same streetBottom 24%Same areaBottom 18%CitywideBottom 23%
Same street · Elmhurst Road
#184 / 242
Bottom 24% · Avg 1,247 sqft
Same area · Varsity View
#692 / 848
Bottom 18% · Avg 1,387 sqft
Citywide · Winnipeg
#150,275 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

around average
340k
0255075100
Same streetBottom 29%Same areaBottom 23%CitywideBottom 43%
Same street · Elmhurst Road
#173 / 242
Bottom 29% · Avg 393.7k
Same area · Varsity View
#649 / 848
Bottom 23% · Avg 444.7k
Citywide · Winnipeg
#111,544 / 194,458
Bottom 43% · Avg 390.1k

Year Built

around average
1956
0255075100
Same streetBottom 27%Same areaBottom 21%CitywideBottom 36%

Lot Size

above average
7,210 sqft
0255075100
Same streetBottom 45%Same areaTop 48%CitywideTop 15%

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

306 Elmhurst Road — 3 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 490 m), 2 parks (nearest 184 m).

Search radius
🛒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

306 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: 306 Elmhurst Road, Winnipeg

Property Overview

This 1956 one-storey home in Varsity View offers a classic, grounded living experience on a large 7,210 sqft lot. Its key appeal lies in a combination of space, location, and practicality. The home features a fully finished basement, a combined attached and detached garage setup providing ample storage or workshop potential, and a generous yard that is a rarity closer to the city core. While the living area (964 sqft) is modest, the expansive lot presents a significant opportunity for gardening, expansion, or simply enjoying private outdoor space.

The property suits buyers looking for a solid, no-frills home in a well-established neighbourhood near the University of Manitoba. It’s ideal for those who value land size over a recently built structure, and for handy individuals or families who see potential in a home with good bones and the space to grow into. Its rankings suggest it’s a competitively sized property city-wide but offers a more affordable entry point into the neighbourhood, appealing to value-conscious buyers willing to take on a home with character and history.


Frequently Asked Questions

1. What does the "combined garage" setup mean?
The listing notes both an attached and a detached garage. This typically means a single garage is connected to the house, with an additional separate garage on the property, offering exceptional storage, workshop space, or parking flexibility.

2. How does the 70-year age of the home impact a purchase?
While the home has enduring appeal, its age means systems like plumbing, electrical, and the roof will require careful inspection. The positive trade-off is the established neighbourhood and the mature, large lot that often accompanies homes of this era.

3. The rankings show it beats 85% of Winnipeg homes for lot size but is lower for living area. What's the takeaway?
This highlights the property’s core dynamic: you are primarily investing in the land. The house itself is functional but modest. The value and future potential are heavily tied to the substantial, private yard.

4. Is the finished basement included in the 964 sqft living area?
No, the 964 sqft refers to the above-ground living space. The finished basement is additional square footage, increasing the home's usable space but not its official "living area" calculation for assessments.

5. What is the neighbourhood vibe in Varsity View?
As a neighbourhood adjacent to the University of Manitoba, it offers a quiet, residential feel with a mix of long-term residents and academic community members. It provides a suburban sense of space while remaining conveniently close to campus amenities and transit routes.