Property score
77.3
Good
Overall 77.3 · Compared with neighbourhood average
1,475 sqft (top 37%) · Built in 1973 (2 yrs older than avg)
Located in a high-income area with median household income of ~105k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 park, and 1 place of worship nearby
Living Area
Near average
6% larger 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)
281
492k
$398/sqft
1975
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77.3 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110350
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
409 Elmhurst Road — 4 amenities found within 500 m, across 4 categories, including 1 dining (nearest 496 m), 1 education (nearest 414 m), 1 parks (nearest 477 m).
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%
409 Elmhurst Road: 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 409 Elmhurst Road, Varsity View, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 1973-built four-level split home sits on a large, approximately 6,359 sqft lot in the established Varsity View neighbourhood. With 1,475 sqft of living space, it offers a practical layout over multiple levels, a feature that provides clear separation between living and sleeping areas. The property includes a detached garage and an unfinished basement, presenting a canvas for future customization.
Its primary appeal lies in its generous lot size and solid footprint within a mature, central community. The home’s rankings indicate it outperforms most Winnipeg homes in terms of lot and living space, suggesting good value for its size. It would particularly suit a handy buyer or a family looking for a home with established character and room to grow, who appreciates the potential to finish spaces like the basement to their own taste over time. A less obvious perspective is that the four-level split design, while sometimes seen as less modern, can offer excellent energy efficiency through natural temperature zoning between levels.
Frequently Asked Questions
1. What are the pros and cons of a four-level split design?
Pros include defined separation between living, sleeping, and utility areas, often creating quieter bedrooms. The split levels can also make the home feel larger than its square footage. A potential con is the number of stairs, which may not suit everyone.
2. How does the unfinished basement affect value and potential?
It presents both a cost-saving opportunity at purchase and future potential. Buyers aren’t paying a premium for finished square footage they might want to change, but should budget for the cost and effort to finish it to their needs.
3. What does the lot size ranking actually mean for this property?
The lot is larger than 75% of properties in Winnipeg, which is a significant advantage. It offers ample outdoor space for gardening, play, or expansion, and is a key asset in a central neighbourhood where lots are often smaller.
4. Is the 1973 build year a concern?
Homes from this era are typically built with sturdy materials. The key will be the maintenance and updates over the last 50+ years. A thorough inspection is advised to understand the condition of major systems like roof, wiring, and plumbing.
5. Who is the typical buyer in Varsity View?
The neighbourhood, given its name and location, often appeals to academics, professionals, and families attracted to its stable, tree-lined streets and proximity to the University of Manitoba. It tends to attract buyers seeking a long-term home in a quiet, established community.
