404 Cathcart Street

Varsity View, Winnipeg

Property score

77.1

Good

Overall 77.1 · Compared with neighbourhood average

1,343 sqft (top 44%) · 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

Near average

3% 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

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Property score

77.1 is composed by the two sections below.

Property Score

70.5Good
Living Area1,343 sqft71Good
Year Built197358Fair
Lot Size9,171 sqft95Excellent
Neighbourhood Sales Activity42Low

Community Score

87.1Excellent
Household Income87Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

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

above average
1,343 sqft
0255075100
Same streetTop 28%Same areaTop 44%CitywideTop 39%
Same street · Cathcart Street
#55 / 198
Top 28% · Avg 1,237 sqft
Same area · Varsity View
#371 / 848
Top 44% · Avg 1,387 sqft
Citywide · Winnipeg
#75,832 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

above average
434k
0255075100
Same streetTop 27%Same areaTop 42%CitywideTop 31%
Same street · Cathcart Street
#53 / 198
Top 27% · Avg 406.8k
Same area · Varsity View
#354 / 848
Top 42% · Avg 444.7k
Citywide · Winnipeg
#60,733 / 194,458
Top 31% · Avg 390.1k

Year Built

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

Lot Size

Elite
9,171 sqft
0255075100
Same streetTop 5%Same areaTop 21%CitywideTop 8%

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

404 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

404 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: 404 Cathcart Street, Winnipeg

Property Overview & Key Characteristics

This 1973-built, single-storey home in Varsity View offers a well-maintained and spacious living environment on a large, approximately 9,171 sqft lot. Its key appeal lies in its generous scale and established neighborhood setting. The home features 1,343 sqft of living space, a finished basement, and an attached garage. Its standout characteristic is the exceptional lot size, which ranks in the top 5% within its immediate street and provides significant outdoor space and potential in a mature area. The property also shows strong overall value, with an assessed value ranking in the top third across Winnipeg.

This home would best suit buyers looking for a solid, no-frills bungalow with room to grow or customize, whether that means gardening, expanding, or simply enjoying a large private yard. It's ideal for those who prioritize lot size and interior space over a newer build, and who value a stable, established community over a brand-new subdivision. The finished basement adds functional flexibility for a growing family, a home office, or a recreation space.

Frequently Asked Questions

1. How does the age of the home (53 years) affect its value and appeal?
While newer homes rank higher, this property’s value is bolstered by its large lot and spacious interior. Its appeal is for buyers who see the lot size and floor plan as a foundation, understanding that some updates may be part of the long-term investment.

2. What does the "finished basement" entail?
The listing confirms the basement is finished, adding to the home's usable living area. Prospective buyers should verify the quality, layout, and ceiling height of the finish during a viewing to assess its true functionality.

3. The lot is large, but what is its practical use?
Beyond gardening and play space, a lot of this size in an established neighborhood offers rare potential for additions like a large deck, shed, or even future expansion of the home itself, subject to local bylaws.

4. How should I interpret the various ranking percentages?
They show the property's competitive standing. Key takeaways: the lot size is exceptional locally; the living space is above average; and the assessed value is strong city-wide, suggesting it's a substantial property for its price bracket.

5. What is the neighborhood (Varsity View) like?
As a mature neighborhood near the University of Manitoba, it typically offers a mix of academic professionals, families, and long-term residents. The high lot-size ranking on the street suggests a premium, spacious feel within that community.

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