332 Cathcart Street

Varsity View, Winnipeg

Property score

71.3

Good

Overall 71.3 · Compared with neighbourhood average

1,192 sqft (bottom 43%) · Built in 1974 (1 yr older than avg)

Located in a high-income area with median household income of ~105k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby

Living Area

Near average

14% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 79%Tagalog · 3%

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

71.3 is composed by the two sections below.

Property Score

60.8Fair
Living Area60
1,192 sqftFair
Year Built58
1974Fair
Lot Size74
5,780 sqftGood
Neighbourhood Sales Activity42
Low

Community Score

87.1Excellent
Household Income87
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health83
Excellent

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: #46110350

Community deep dive

$105K

Median household income

$129K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

26%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)742
Labour force participation rate70%
Median age40.4
Avg household size2.5
Unemployment rate3%
Population density3091 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children34%
Median household income (2020)$105K

Housing

Renter households26%
Condominium dwellings0%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority18%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

around average
1,192 sqft
0255075100
Same streetBottom 49%Same areaBottom 43%CitywideBottom 49%
Same street · Cathcart Street
#101 / 198
Bottom 49% · Avg 1,237 sqft
Same area · Varsity View
#484 / 848
Bottom 43% · Avg 1,387 sqft
Citywide · Winnipeg
#99,474 / 194,458
Bottom 49% · Avg 1,342 sqft

Tax-Assessed Value

around average
395k
0255075100
Same streetBottom 45%Same areaBottom 46%CitywideTop 40%
Same street · Cathcart Street
#108 / 198
Bottom 45% · Avg 406.8k
Same area · Varsity View
#461 / 848
Bottom 46% · Avg 444.7k
Citywide · Winnipeg
#77,040 / 194,458
Top 40% · Avg 390.1k

Year Built

around average
1974
0255075100
Same streetTop 43%Same areaTop 46%CitywideTop 42%

Lot Size

around average
5,780 sqft
0255075100
Same streetBottom 13%Same areaBottom 22%CitywideTop 37%

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

332 Cathcart Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 262 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

332 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: 332 Cathcart Street, Winnipeg

Property Overview

332 Cathcart Street is a well-situated, single-storey home in Winnipeg's Varsity View neighbourhood. Built in 1974, it sits on a large, 5,780 sqft lot and offers 1,192 sqft of living space with a finished basement and an attached garage. Its municipal assessment is $395,000.

Key Features & Ideal Buyer

This home’s primary appeal lies in its combination of a spacious, mature lot and a practical, move-in-ready layout within a central, established community. The finished basement adds valuable flexible space, whether for recreation, a home office, or guests. Its competitive assessment value and rankings—which show it outperforms the majority of Winnipeg homes in terms of lot size and overall assessed value—suggest a solid foundation for the price.

It would particularly suit first-time buyers or downsizers seeking a manageable single-level floorplan without sacrificing yard space. The location in Varsity View offers proximity to the University of Manitoba, major routes, and amenities, appealing to those who value convenience. A thoughtful perspective is that this property represents a pragmatic choice rather than a luxury one; it’s for buyers who prioritize land size and location fundamentals over a newer build or top-tier neighbourhood rankings, offering room to grow or simply enjoy outdoors.

Frequently Asked Questions

1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area. For example, its lot size ranks in the top 37% across all Winnipeg, meaning it’s larger than 63% of city properties—a significant advantage.

2. Is the basement a legal suite?
The listing states 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 annual property taxes?
Taxes are not provided in this data. They should be calculated based on the current mill rate and the $395,000 assessed value.

4. How does the 1974 build year affect the home?
While the home is older, its systems and roof are likely not original. A thorough inspection is crucial to understand the condition and potential upcoming updates for wiring, plumbing, or windows.

5. Why does the community ranking seem lower than the city-wide ranking?
This is common in established, desirable neighbourhoods. Varsity View has many comparable or larger homes, so while this property stands out city-wide for its lot and value, it faces stiffer competition within its own community. This can indicate a stable or appreciating area.