320 Cathcart Street

Varsity View, Winnipeg

Property score

60.7

Fair

Overall 60.7 · Smaller than most nearby homes

1,067 sqft (bottom 29%) · Built in 1972 (3 yrs older than avg)

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

Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby

Living Area

Below average

23% 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)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

60.7 is composed by the two sections below.

Property Score

58.5Fair
Living Area1,067 sqft52Fair
Year Built197258Fair
Lot Size7,529 sqft91Excellent
Neighbourhood Sales Activity42Low

Community Score

63.9Fair
Household Income75Good
Education Level34Low
Housing Stress52Fair
Core Housing Need76Good
Employment Health68Good

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
1,067 sqft
0255075100
Same streetBottom 31%Same areaBottom 29%CitywideBottom 35%
Same street · Cathcart Street
#137 / 198
Bottom 31% · Avg 1,237 sqft
Same area · Varsity View
#603 / 848
Bottom 29% · Avg 1,387 sqft
Citywide · Winnipeg
#125,744 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

around average
375k
0255075100
Same streetBottom 30%Same areaBottom 37%CitywideTop 45%
Same street · Cathcart Street
#139 / 198
Bottom 30% · Avg 406.8k
Same area · Varsity View
#533 / 848
Bottom 37% · Avg 444.7k
Citywide · Winnipeg
#88,243 / 194,458
Top 45% · Avg 390.1k

Year Built

around average
1972
0255075100
Same streetBottom 40%Same areaBottom 43%CitywideTop 45%

Lot Size

above average
7,529 sqft
0255075100
Same streetTop 28%Same areaTop 43%CitywideTop 13%

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

320 Cathcart Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 192 m).

Search radius
🌳Parks2
Worship1

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

320 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.

Related homes

Highlights & common questions: 320 Cathcart Street, Winnipeg

Property Overview & Key Characteristics

This is a well-established, single-storey home in Winnipeg's Varsity View neighbourhood, built in 1972. Its primary appeal lies in its generous 7,529 sqft lot—a significant size that ranks within the top 13% of all properties in Winnipeg for land area. The home itself is of a practical 1,067 sqft layout and features a finished basement and a detached garage. While the interior living space is modest relative to the lot size, the property holds a strong overall assessed value, ranking higher than over half the homes in the city.

The property’s standout feature is clearly its expansive, private yard, offering rare potential for gardening, expansion, or outdoor living within the city. It suits buyers looking for a solid, no-frills home where the land is the primary asset—whether it's a first-time buyer valuing outdoor space over square footage, a downsizer seeking a manageable home with a large garden, or an investor recognizing the long-term value of the lot. Its above-average city-wide rankings for lot size and assessed value suggest a grounded, enduring appeal beyond current interior finishes.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. For example, ranking in the top 13% for lot size in Winnipeg means 87% of city properties have a smaller lot, highlighting a key advantage.

2. Is the home outdated due to its 1972 build date?
While the home is over 50 years old, its assessed value ranks in the top 42% city-wide, suggesting it has been maintained and holds value. The "dated" factor is balanced by the lot's premium value and the potential for gradual updates.

3. Who would this property not suit?
It may not suit buyers prioritizing modern, open-concept interiors or those wanting immediate move-in condition without any projects. The appeal here is more about the land and foundational value than turnkey luxury.

4. What are the implications of a "finished basement"?
A finished basement adds flexible living space, which is valuable given the 1,067 sqft main floor. It's important to clarify the finish quality, ceiling height, and if it includes a separate entrance or legal suite potential.

5. How does the lot size impact future plans?
The large lot is a long-term asset. It could accommodate additions like a garage workshop, a sizable deck, or even a future secondary suite (subject to zoning and permits). It also offers more privacy and greenery than typical city lots.

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