341 Cathcart Street

Varsity View, Winnipeg

Property score

62.8

Fair

Overall 62.8 · Compared with neighbourhood average

1,262 sqft (top 49%) · Built in 1974 (1 yr older than avg)

Located in a average-income area

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

Living Area

Near average

9% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 79%Punjabi · 21%

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

62.8 is composed by the two sections below.

Property Score

64.4Fair
Living Area1,262 sqft66Good
Year Built197458Fair
Lot Size5,664 sqft74Good
Neighbourhood Sales Activity42Low

Community Score

60.4Fair
Household Income50Fair
Education Level82Excellent
Housing Stress50Fair
Core Housing Need50Fair
Employment Health90Excellent

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: #46110351

Community deep dive

21%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)405
Labour force participation rate71%
Median age77.5
Avg household size2.5
Unemployment rate0%
Population density2892 / km²

Households & income

Low income (LIM-AT, % pop.)
Single-person households21%
Couple families with children35%
Median household income (2020)

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$392K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority0%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 78%
Mother tongue (2nd)

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

Rankings

Living Area

around average
1,262 sqft
0255075100
Same streetTop 38%Same areaTop 49%CitywideTop 44%
Same street · Cathcart Street
#76 / 198
Top 38% · Avg 1,237 sqft
Same area · Varsity View
#418 / 848
Top 49% · Avg 1,387 sqft
Citywide · Winnipeg
#86,424 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
392k
0255075100
Same streetBottom 42%Same areaBottom 44%CitywideTop 40%
Same street · Cathcart Street
#115 / 198
Bottom 42% · Avg 406.8k
Same area · Varsity View
#474 / 848
Bottom 44% · Avg 444.7k
Citywide · Winnipeg
#78,603 / 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
5,664 sqft
0255075100
Same streetBottom 12%Same areaBottom 20%CitywideTop 39%

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

341 Cathcart Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 300 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

341 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: 341 Cathcart Street, Winnipeg

Property Overview

This 1974-built, one-storey home in Varsity View offers a practical and established living environment. Its key appeal lies in a combination of space, location, and value. The house features 1,262 sqft of living space above a finished basement, providing flexible room for a family or home office. It sits on a large, approximately 5,664 sqft lot, offering significant outdoor space for gardening or recreation—a notable asset in a mature neighbourhood. With a detached garage and a price point assessed just under $400,000, it represents a grounded entry into a sought-after area near the University of Manitoba.

The home’s competitive rankings are nuanced. While its physical size and lot dimensions rank highly within its immediate street and community, its age is average for the area. This suggests a property that isn't the newest on the block but offers above-average space. It would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard size, or an investor attracted to the consistent rental demand of a university-adjacent community. Its value is in the land and location as much as the structure, appealing to those who see potential in a solid, well-situated home.


Frequently Asked Questions

1. What does the "finished basement" entail?
The listing confirms a finished basement, which adds to the liveable space. Prospective buyers should inquire about the finish quality, ceiling height, and whether it includes a separate entrance or legal suite potential, which is common in the area.

2. How does the 52-year age of the home factor in?
Built in 1974, the home is of average age for Varsity View. This typically means established infrastructure and mature landscaping. A thorough inspection is recommended to understand the condition and age of major systems like roof, windows, plumbing, and electrical.

3. What are the benefits of the large lot size?
At over 5,600 sqft, the lot is a standout feature, offering ample private outdoor space. This allows for gardening, play areas, or future additions like a deck or shed. It also provides a greater sense of privacy and room to breathe compared to newer, denser subdivisions.

4. Who typically lives in Varsity View?
The neighbourhood is a mix of long-term residents, university staff, students (often in rental properties), and families attracted to the central location and proximity to the University of Manitoba campus, its amenities, and transit routes.

5. What do the competitive rankings actually mean?
They show how this property compares to others in its immediate street, wider community, and all of Winnipeg. For example, ranking "in the top 39%" for lot size city-wide means its lot is larger than 61% of Winnipeg properties, highlighting a key strength. These stats help gauge specific features against local benchmarks.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.