365 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 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 park, 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 Area66
1,262 sqftGood
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
1,262 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
365k
0255075100
Same streetBottom 22%Same areaBottom 33%CitywideTop 49%
Same street · Cathcart Street
#154 / 198
Bottom 22% · Avg 406.8k
Same area · Varsity View
#569 / 848
Bottom 33% · Avg 444.7k
Citywide · Winnipeg
#94,553 / 194,458
Top 49% · 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

365 Cathcart Street — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 400 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

365 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: 365 Cathcart Street, Winnipeg

Property Overview: 365 Cathcart Street, Varsity View, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated 1974 bungalow offers a classic, low-maintenance layout on a generous 5,664 sqft lot in the established Varsity View neighbourhood. Its key appeal lies in its balance of space, location, and practicality. The home features 1,262 sqft of living space, including a finished basement, providing flexible room for a growing family, a home office, or recreational space. While it lacks a garage, the large lot presents a clear opportunity for adding one or enjoying substantial outdoor space in a mature community.

Its strongest suit is its solid positional ranking within Winnipeg, outperforming over half of all city homes in both lot size and living area—a sign of above-average space for the market. It particularly suits first-time buyers or downsizers seeking a single-level floorplan in a central area, or value-oriented investors who see potential in the sizable lot. A thoughtful perspective is that the home’s age and rankings suggest it’s not a newly renovated showcase, but a genuine canvas. Its value is in its foundational attributes: a larger-than-average lot in a prime location, offering the next owner the chance to incrementally add value tailored to their own tastes.

Section 2: Frequently Asked Questions

1. What is the neighbourhood like?
Varsity View is a mature, tree-lined community near the University of Manitoba, offering a blend of quiet residential streets with convenient access to academic institutions, transit, and amenities.

2. Is the basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. A buyer should verify its compliance with local regulations if considering rental income.

3. What does the "ranking" data mean?
The rankings compare this property against others on its street, in Varsity View, and across all Winnipeg. For example, outperforming 61% of Winnipeg homes in lot size means its lot is larger than most, a key asset.

4. What are the implications of the home's age?
Built in 1974, major systems like roof, windows, plumbing, or electrical may be at or beyond their typical lifespan. A thorough inspection is advised to budget for potential updates.

5. How does the lack of a garage affect value?
While a drawback for some, the ample lot size means adding a garage or carport is a feasible project, allowing a buyer to customize and potentially increase the property's future value.