352 Cathcart Street

Varsity View, Winnipeg

Property score

77.0

Good

Overall 77.0 · Compared with neighbourhood average

1,314 sqft (top 46%) · Built in 1974 (1 yr older than avg)

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

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby

Living Area

Near average

5% 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

77.0 is composed by the two sections below.

Property Score

70.2Good
Living Area71
1,314 sqftGood
Year Built58
1974Fair
Lot Size93
8,515 sqftExcellent
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
1,314 sqft
0255075100
Same streetTop 34%Same areaTop 46%CitywideTop 41%
Same street · Cathcart Street
#68 / 198
Top 34% · Avg 1,237 sqft
Same area · Varsity View
#393 / 848
Top 46% · Avg 1,387 sqft
Citywide · Winnipeg
#79,288 / 194,458
Top 41% · Avg 1,342 sqft

Tax-Assessed Value

around average
417k
0255075100
Same streetTop 40%Same areaTop 46%CitywideTop 34%
Same street · Cathcart Street
#80 / 198
Top 40% · Avg 406.8k
Same area · Varsity View
#391 / 848
Top 46% · Avg 444.7k
Citywide · Winnipeg
#66,982 / 194,458
Top 34% · Avg 390.1k

Year Built

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

Lot Size

above average
8,515 sqft
0255075100
Same streetTop 14%Same areaTop 25%CitywideTop 10%

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

352 Cathcart Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 352 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

Sold 4/2023CA$400k–450k
Sold price

Same street

Top 20%

Same area

Top 32%

City-wide

Top 24%

Related homes

Highlights & common questions: 352 Cathcart Street, Winnipeg

Property Overview: 352 Cathcart Street

Key Characteristics & Appeal

This is a well-established, single-family bungalow in the sought-after Varsity View neighbourhood. Built in 1974, it sits on a notably large, mature lot of over 8,500 square feet, which is a standout feature, placing it in the top 14% of properties on its street for land size. The home offers 1,314 sqft of living space with a finished basement and an attached garage. Recent market activity is strong, with a sale price in April 2023 that outperformed a significant majority of comparable sales in Winnipeg at the time.

Its primary appeal lies in a combination of location, space, and proven value. The lot provides exceptional outdoor potential and a sense of privacy rare in the city core. The home suits buyers looking for a solid, move-in-ready property in a prime academic and family-oriented community—perfect for those who value a large yard over a brand-new build. A thoughtful perspective is that this property represents a "land-value play" in a stable area; the substantial lot is a long-term asset that underpins the investment, potentially offering more future flexibility than the house itself.

Frequently Asked Questions

1. How does the large lot size impact property costs?
While offering great space and potential, a lot of this size typically results in higher municipal property taxes compared to homes on standard city lots, as taxes are partly based on land value.

2. Is the 1974 build year a concern?
The home is over 50 years old, so a thorough inspection is essential to assess the condition of major systems like roof, plumbing, and wiring. Its age is very typical for the neighbourhood and is reflected in its mid-range ranking for "newness" in the area.

3. What does the strong 2023 sale price indicate?
The sale at $445,000, which ranked highly against city-wide sales, demonstrates robust buyer demand for this specific location and property type. It suggests the home holds its value well in the market.

4. Who is the ideal buyer for this property?
It's an excellent fit for families, academics, or professionals seeking a established home in a central, desirable neighbourhood like Varsity View, with room for gardening, play, or future outdoor upgrades.

5. How does the finished basement add value?
The finished basement effectively increases the usable living area beyond the main floor square footage, providing valuable space for recreation, guests, or storage, which is a key functional benefit.