350 Elmhurst Road

Varsity View, Winnipeg

Property score

80.2

Excellent

Overall 80.2 · Newer than most nearby homes

1,491 sqft (top 37%) · Built in 2003 (28 yrs newer than avg)

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

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

Living Area

Near average

8% larger than neighborhood avg.

Year Built

Above average

28 yrs newer 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

80.2 is composed by the two sections below.

Property Score

75.6Good
Living Area75
1,491 sqftGood
Year Built87
2003Excellent
Lot Size74
5,731 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

above average
1,491 sqft
0255075100
Same streetTop 21%Same areaTop 37%CitywideTop 31%
Same street · Elmhurst Road
#50 / 242
Top 21% · Avg 1,247 sqft
Same area · Varsity View
#310 / 848
Top 37% · Avg 1,387 sqft
Citywide · Winnipeg
#60,458 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

above average
471k
0255075100
Same streetTop 17%Same areaTop 35%CitywideTop 25%
Same street · Elmhurst Road
#42 / 242
Top 17% · Avg 393.7k
Same area · Varsity View
#299 / 848
Top 35% · Avg 444.7k
Citywide · Winnipeg
#48,032 / 194,458
Top 25% · Avg 390.1k

Year Built

above average
2003
0255075100
Same streetTop 7%Same areaTop 9%CitywideTop 16%

Lot Size

around average
5,731 sqft
0255075100
Same streetBottom 16%Same areaBottom 21%CitywideTop 38%

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

350 Elmhurst Road — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 267 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

350 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: 350 Elmhurst Road, Winnipeg

Property Overview & Key Characteristics

This 2003-built, single-storey home on a large 5,731 sqft lot in Varsity View offers a practical and low-maintenance living format. Its key appeal lies in a combination of modern build age, above-average interior space for its style, and a substantial lot that is rare for newer properties. The home ranks notably well within its immediate area for its newer construction date and overall assessed value.

It is an ideal fit for first-time buyers or downsizers seeking a manageable single-level layout without sacrificing yard space, or for investors attracted by a relatively modern property in a established neighbourhood. A thoughtful perspective is that while the basement is unfinished, it presents a clear opportunity for future customization or added value, allowing a buyer to tailor the space to their needs without inheriting someone else's dated renovations.


Frequently Asked Questions

1. How does the property's age compare to others nearby?
Built in 2003, this home is newer than over 90% of properties in both its immediate street and the wider Varsity View community, offering modern construction standards among older homes.

2. Is the lot size typical for the area?
At 5,731 sqft, the lot is generously sized. This is a significant advantage, as larger lots are less common for homes of this newer vintage and provide ample outdoor space or expansion potential.

3. What does the assessment ranking mean for its value?
The home's assessed value ranks higher than approximately 83% of homes on its street and 68% in the community, suggesting the municipal assessment views it favorably compared to local benchmarks.

4. Who would this property suit best?
Its single-storey design (ONE STOREY) and unfinished basement make it particularly suitable for those seeking minimal stairs, such as downsizers, or buyers who want to finish a basement to their own specifications over time.

5. Are there any immediate major projects?
The unfinished basement is the primary project space. There is no mention of a swimming pool, and the home includes attached garage parking, so no major exterior additions are needed for basic functionality.