357 Cathcart Street

Varsity View, Winnipeg

Property score

54.2

Fair

Overall 54.2 · Smaller than most nearby homes

923 sqft (bottom 14%) · Built in 1974 (1 yr older than avg)

Located in a average-income area

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

Living Area

Below average

33% 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

54.2 is composed by the two sections below.

Property Score

50.0Fair
Living Area42
923 sqftLow
Year Built58
1974Fair
Lot Size74
5,664 sqftGood
Neighbourhood Sales Activity42
Low

Community Score

60.4Fair
Household Income50
Fair
Education Level82
Excellent
Housing Stress50
Fair
Core Housing Need50
Fair
Employment Health90
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: #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

below average
923 sqft
0255075100
Same streetBottom 13%Same areaBottom 14%CitywideBottom 18%
Same street · Cathcart Street
#172 / 198
Bottom 13% · Avg 1,237 sqft
Same area · Varsity View
#730 / 848
Bottom 14% · Avg 1,387 sqft
Citywide · Winnipeg
#158,538 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

around average
350k
0255075100
Same streetBottom 11%Same areaBottom 29%CitywideBottom 46%
Same street · Cathcart Street
#177 / 198
Bottom 11% · Avg 406.8k
Same area · Varsity View
#605 / 848
Bottom 29% · Avg 444.7k
Citywide · Winnipeg
#104,540 / 194,458
Bottom 46% · 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

357 Cathcart Street — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 366 m).

Search radius
🌳Parks1
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

357 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: 357 Cathcart Street, Winnipeg

Property Overview

This 1974 bi-level home at 357 Cathcart Street offers a practical footprint in the established Varsity View neighbourhood. Its key characteristic is a well-proportioned 5,664 sqft lot, providing ample outdoor space that ranks highly within its immediate area. The home itself features 923 sqft of living space with a finished basement, presenting a manageable scale for upkeep. Its appeal lies in the quiet, mature setting and the potential inherent in a solid, mid-century property on a generous lot. It would suit first-time buyers, downsizers, or investors looking for a lower-maintenance entry into a central neighbourhood, with the understanding that it's a home that offers more in land value and location than in modern finishes or size.

While its rankings for size and age are modest, its above-average lot size and overall assessed value suggest a property that holds its ground. A thoughtful perspective is that this home represents a canvas within a stable community—its value is not in being the newest or largest, but in offering a rare combination of a sizable yard and a single-family home format in a convenient location, ideal for someone who prioritizes outdoor space over interior square footage.

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 specific metrics (like lot size or age). For example, its lot size ranks in the top 39% city-wide, meaning it's larger than 61% of Winnipeg properties, which is a significant advantage.

2. Is a bi-level style home suitable for everyone?
Bi-levels feature split entry stairs and living spaces divided across two main levels. This layout can be efficient but may not suit those with mobility concerns. The finished basement here adds usable space, but it's important to view the layout in person to see if it matches your lifestyle.

3. The house was built in 1974. What should I be aware of?
While major systems may have been updated, a home of this age likely has its original foundation, plumbing, and electrical frameworks. A thorough inspection is crucial to understand the condition and anticipate any needed updates, such as to windows or insulation.

4. There's no garage. What are the parking options?
The property does not include a garage. Buyers should confirm the availability of on-street parking permits and observe the typical parking situation on the street to ensure it meets their needs.

5. How does the assessment value relate to the likely selling price?
The municipal assessment of $350,000 is for tax purposes and is a historical snapshot. The actual market value and selling price are determined by current market conditions, the home's specific state, and buyer demand, and can be higher or lower than this figure.