312 Elmhurst Road

Varsity View, Winnipeg

Property score

59.9

Fair

Overall 59.9 · Older than most nearby homes

1,135 sqft (bottom 36%) · Built in 1963 (12 yrs older than avg)

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

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Below average

18% smaller than neighborhood avg.

Year Built

Below average

12 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

59.9 is composed by the two sections below.

Property Score

57.3Fair
Living Area60
1,135 sqftFair
Year Built46
1963Low
Lot Size67
5,380 sqftGood
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

around average
1,135 sqft
0255075100
Same streetTop 49%Same areaBottom 36%CitywideBottom 43%
Same street · Elmhurst Road
#118 / 242
Top 49% · Avg 1,247 sqft
Same area · Varsity View
#543 / 848
Bottom 36% · Avg 1,387 sqft
Citywide · Winnipeg
#110,178 / 194,458
Bottom 43% · Avg 1,342 sqft

Tax-Assessed Value

around average
305k
0255075100
Same streetBottom 14%Same areaBottom 13%CitywideBottom 31%
Same street · Elmhurst Road
#207 / 242
Bottom 14% · Avg 393.7k
Same area · Varsity View
#740 / 848
Bottom 13% · Avg 444.7k
Citywide · Winnipeg
#134,804 / 194,458
Bottom 31% · Avg 390.1k

Year Built

around average
1963
0255075100
Same streetBottom 35%Same areaBottom 28%CitywideBottom 45%

Lot Size

around average
5,380 sqft
0255075100
Same streetBottom 6%Same areaBottom 10%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

312 Elmhurst Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 192 m).

Search radius
🌳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

312 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: 312 Elmhurst Road, Winnipeg

Property Overview: 312 Elmhurst Road

Key Characteristics & Appeal

This is a well-maintained, single-story home built in 1963, situated on a large, 5,380 sqft lot in the established Varsity View neighborhood. With 1,135 sqft of living space and a finished basement, it offers functional space for daily life. Its core appeal lies in its balance of a generous, private yard—a rarity in mature central areas—and the simplicity of a bungalow layout, which is ideal for single-level living. The property’s rankings indicate it is a competitively sized home within its local context, positioned in the middle of the pack for value in Winnipeg overall.

This home would suit first-time buyers seeking an entry point into a desirable neighborhood without a major renovation project, or downsizers looking for manageable living space paired with significant outdoor area. A thoughtful perspective is the potential for the large lot to offer not just privacy, but also future flexibility for gardening, expansion, or simply enjoying green space close to the city's amenities. Its established character provides a sense of permanence and community that newer subdivisions often lack.


Frequently Asked Questions

1. What is the neighborhood like?
Varsity View is a mature, tree-lined neighborhood near the University of Manitoba, offering a quiet, residential feel with convenient access to academic institutions, parks, and major routes.

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. What are the typical property taxes?
While not listed, taxes can be estimated based on the provided assessed value of $305,000. Consulting the city’s tax rate calculator will provide a precise annual figure.

4. How is the home’s condition given its age?
Built in 1963, the home is over 60 years old. A thorough professional inspection is highly recommended to assess the state of major systems like plumbing, electrical, and the roof, which may be due for updates.

5. There’s no garage—what are the parking options?
The property has no garage, so parking is limited to the driveway and street. Prospective buyers should assess on-street parking availability to ensure it meets their needs.