435 Elmhurst Road

Varsity View, Winnipeg

Property score

80.1

Excellent

Overall 80.1 · Newer than most nearby homes

1,436 sqft (top 39%) · Built in 1989 (14 yrs newer than avg)

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

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 1 park nearby

Living Area

Near average

4% larger than neighborhood avg.

Year Built

Above average

14 yrs newer 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

80.1 is composed by the two sections below.

Property Score

75.4Good
Living Area75
1,436 sqftGood
Year Built78
1989Good
Lot Size85
6,790 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

above average
1,436 sqft
0255075100
Same streetTop 26%Same areaTop 39%CitywideTop 34%
Same street · Elmhurst Road
#62 / 242
Top 26% · Avg 1,247 sqft
Same area · Varsity View
#334 / 848
Top 39% · Avg 1,387 sqft
Citywide · Winnipeg
#65,989 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
487k
0255075100
Same streetTop 14%Same areaTop 33%CitywideTop 22%
Same street · Elmhurst Road
#34 / 242
Top 14% · Avg 393.7k
Same area · Varsity View
#284 / 848
Top 33% · Avg 444.7k
Citywide · Winnipeg
#42,666 / 194,458
Top 22% · Avg 390.1k

Year Built

above average
1989
0255075100
Same streetTop 12%Same areaTop 25%CitywideTop 23%

Lot Size

above average
6,790 sqft
0255075100
Same streetBottom 27%Same areaBottom 46%CitywideTop 19%

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

435 Elmhurst Road — 5 amenities found within 500 m, across 5 categories, including 1 dining (nearest 439 m), 1 education (nearest 385 m), 1 healthcare (nearest 473 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare1
🌳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

435 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.

Related homes

Highlights & common questions: 435 Elmhurst Road, Winnipeg

Property Overview

This 1989-built, one-storey home in Varsity View offers a practical and well-positioned living space. Its key appeal lies in a combination of above-average size, a modern build date for its area, and a large, 6,790 sqft lot. With 1,436 sqft of living space and a finished basement, it provides ample room for a family. The home ranks notably well within Winnipeg for its lot size, assessed value, and relative newness, indicating a competitive position in the broader market. It would suit buyers looking for a move-in ready, single-level home in a central neighbourhood, particularly those who value a larger private yard and a property that holds strong standing in city-wide comparisons.

Frequently Asked Questions

1. How does the home's age (1989) compare to others in the area?
It is newer than approximately 77% of homes in Varsity View and 74% of homes across Winnipeg, which is a relative advantage in terms of potential system updates and construction style compared to many older neighbourhood properties.

2. What do the ranking percentages actually mean for a buyer?
They are competitive positioning metrics. For example, ranking in the "top 19%" for lot size city-wide means the property's lot is larger than 81% of homes in Winnipeg, a significant asset. Similarly, its assessed value is higher than 80% of city homes, often reflecting desirable characteristics.

3. Is the finished basement included in the 1,436 sqft living area?
Typically, living area (sqft) refers to above-grade space. The finished basement is an additional feature, providing extra usable square footage beyond the listed main floor area.

4. Who might this property be less suitable for?
Buyers seeking a brand-new build, those who prefer multi-storey layouts, or anyone wanting amenities like a pool should look elsewhere. Its single-storey design may also not suit buyers preferring distinct separation between living and sleeping floors.

5. How significant is the "Varsity View" location?
This established neighbourhood offers central convenience near the University of Manitoba. The appeal is proximity to amenities and academia, with a quieter, residential feel. The high city-wide rankings suggest you are buying into a property that stands out in terms of scale and value even beyond the immediate area.