361 Cathcart Street

Varsity View, Winnipeg

Property score

57.8

Fair

Overall 57.8 · Smaller than most nearby homes

1,076 sqft (bottom 30%) · Built in 1974 (1 yr older than avg)

Located in a average-income area

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 park, and 1 place of worship nearby

Living Area

Below average

22% 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

57.8 is composed by the two sections below.

Property Score

56.0Fair
Living Area52
1,076 sqftFair
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

around average
1,076 sqft
0255075100
Same streetBottom 33%Same areaBottom 30%CitywideBottom 37%
Same street · Cathcart Street
#132 / 198
Bottom 33% · Avg 1,237 sqft
Same area · Varsity View
#595 / 848
Bottom 30% · Avg 1,387 sqft
Citywide · Winnipeg
#123,330 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
348k
0255075100
Same streetBottom 9%Same areaBottom 27%CitywideBottom 45%
Same street · Cathcart Street
#180 / 198
Bottom 9% · Avg 406.8k
Same area · Varsity View
#618 / 848
Bottom 27% · Avg 444.7k
Citywide · Winnipeg
#105,996 / 194,458
Bottom 45% · 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

361 Cathcart Street — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 383 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

361 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: 361 Cathcart Street, Winnipeg

Property Overview

This 1974-built, three-level split home in Varsity View offers a practical layout on a large, 5,664 sqft lot. Its key appeal lies in the balance of established neighborhood character and solid value. With over 1,000 sqft of living space and a finished basement, it provides functional room for a small family or couple. The property’s standout feature is its lot size, which is notably larger than many in the area, offering valuable outdoor space and future potential in a mature, central community. Its market rankings indicate it is a competitively priced home within Winnipeg broadly, positioned as a comfortable, no-frills option rather than a top-tier performer in its immediate locale. This home would suit first-time buyers, practical-minded investors, or downsizers looking for a manageable property with a generous yard in a convenient university-area neighborhood. A less obvious perspective is that its "middle-of-the-pack" rankings on metrics like age and value suggest a stable, lower-volatility investment in a well-established area, avoiding the premium prices of fully renovated homes or the major projects of fixer-uppers.

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. For example, being newer than 54% of Winnipeg homes means its 1974 build date is slightly above the city's median age, indicating a mature but not historic property.

2. Is the finished basement included in the 1,076 sqft living area?
Typically, the listed living area refers to above-grade, heated space. The finished basement would provide additional usable square footage, but it's important to clarify with a measurement or floor plan to understand the total functional space.

3. What are the implications of having no garage?
This means parking is limited to the driveway and street. For this neighborhood, the very large lot is a significant compensation, as it provides ample room for vehicle parking, storage sheds, or even future construction of a garage, subject to permits.

4. How does the assessment value relate to the likely selling price?
The $348,000 assessment is for municipal tax purposes. The selling price is determined by the market and can be higher or lower. This assessment does, however, suggest a solid baseline value for the property.

5. What is the typical feel of a three-level split layout?
This style often creates distinct living zones across its levels, offering good separation between living, sleeping, and basement recreation areas. It can feel spacious for its square footage, but also involves more stairs than a bungalow or two-story home.