400 Cathcart Street

Varsity View, Winnipeg

Property score

69.9

Good

Overall 69.9 · Compared with neighbourhood average

1,084 sqft (bottom 31%) · Built in 1973 (2 yrs older than avg)

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

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

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Near average

2 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

69.9 is composed by the two sections below.

Property Score

58.5Fair
Living Area52
1,084 sqftFair
Year Built58
1973Fair
Lot Size91
7,697 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
1,084 sqft
0255075100
Same streetBottom 37%Same areaBottom 31%CitywideBottom 38%
Same street · Cathcart Street
#125 / 198
Bottom 37% · Avg 1,237 sqft
Same area · Varsity View
#586 / 848
Bottom 31% · Avg 1,387 sqft
Citywide · Winnipeg
#120,815 / 194,458
Bottom 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
431k
0255075100
Same streetTop 29%Same areaTop 42%CitywideTop 32%
Same street · Cathcart Street
#57 / 198
Top 29% · Avg 406.8k
Same area · Varsity View
#360 / 848
Top 42% · Avg 444.7k
Citywide · Winnipeg
#61,787 / 194,458
Top 32% · Avg 390.1k

Year Built

around average
1973
0255075100
Same streetBottom 47%Same areaBottom 46%CitywideTop 43%

Lot Size

above average
7,697 sqft
0255075100
Same streetTop 25%Same areaTop 41%CitywideTop 12%

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

400 Cathcart Street — 1 amenities found within 500 m, across 1 categories.

Search radius
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 8/2020CA$400k–450k
Sold price

Same street

Top 24%

Same area

Top 36%

City-wide

Top 29%

Related homes

Highlights & common questions: 400 Cathcart Street, Winnipeg

Property Overview

This 1973 bi-level home at 400 Cathcart Street sits on a large, approximately 7,700 sqft lot in Winnipeg's Varsity View neighbourhood. With 1,084 sqft of living space, a finished basement, and a detached split garage, it offers practical, ground-level living. Its appeal lies in the combination of a generous, private lot that ranks in the top tier for size locally, and a location within a well-established community. The property's assessed value and recent past sale price consistently rank it well above average for Winnipeg, suggesting a solid and competitive market position.

It would suit buyers looking for a manageable single-family home with significant outdoor space, without the maintenance of a larger two-storey. It's also a strong candidate for those who value data-driven metrics, as its high percentile rankings for lot size and value indicate a property that stands out in its peer group. A less obvious perspective is that a home from this era on such a large lot may present opportunities for future expansion or landscaping projects that wouldn't be possible on newer, more densely packed subdivisions.

Key Questions for Buyers

  1. What does the "bi-level" design mean for daily living?
    This style typically features a short staircase to the main living areas and another down to the lower level. It creates a clear separation between living and sleeping spaces, which can be efficient, but involves navigating stairs more frequently than in a bungalow.

  2. How does the age of the home (53 years) factor in?
    While the home is well-established, its systems, roof, and windows are likely at stages where inspection and potential updates should be budgeted for. Its age is fairly typical for the neighbourhood, ranking it in the middle range locally.

  3. The lot is large, but what does that practically offer?
    Beyond space for play or gardening, a lot of this size (ranking in the top 25% on its street) provides greater privacy from neighbours and more flexibility for adding decks, sheds, or even future additions, subject to zoning.

  4. The value rankings seem high. What does that indicate?
    The property consistently ranks above 70% of all Winnipeg homes for assessed and past sale value. This generally reflects a combination of its desirable lot size, location, and condition relative to the broader market, but it also means it operates in a more competitive price segment.

  5. What is the significance of the detached split garage?
    This offers secure parking and storage separate from the house. A "split" design may allow for a workshop area or additional organized storage. It does mean accessing your vehicle involves going outside, which is a consideration during Winnipeg winters.