436 Elmhurst Road

Varsity View, Winnipeg

Property score

88.1

Excellent

Overall 88.1 · Larger and newer than most nearby homes

1,828 sqft (top 19%) · Built in 2011 (36 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: 2 dining spots, 1 school, 1 healthcare facility, and 1 park nearby

Living Area

Above average

32% larger than neighborhood avg.

Year Built

Above average

36 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

88.1 is composed by the two sections below.

Property Score

88.8Excellent
Living Area89
1,828 sqftExcellent
Year Built94
2011Excellent
Lot Size97
11,868 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
1,828 sqft
0255075100
Same streetTop 7%Same areaTop 19%CitywideTop 16%
Same street · Elmhurst Road
#17 / 242
Top 7% · Avg 1,247 sqft
Same area · Varsity View
#159 / 848
Top 19% · Avg 1,387 sqft
Citywide · Winnipeg
#31,351 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

Elite
720k
0255075100
Same streetTop 2%Same areaTop 5%CitywideTop 3%
Same street · Elmhurst Road
#5 / 242
Top 2% · Avg 393.7k
Same area · Varsity View
#39 / 848
Top 5% · Avg 444.7k
Citywide · Winnipeg
#6,670 / 194,458
Top 3% · Avg 390.1k

Year Built

Elite
2011
0255075100
Same streetTop 5%Same areaTop 6%CitywideTop 10%

Lot Size

Elite
11,868 sqft
0255075100
Same streetTop 12%Same areaTop 10%CitywideTop 4%

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

436 Elmhurst Road — 7 amenities found within 500 m, across 6 categories, including 2 dining (nearest 381 m), 1 education (nearest 324 m), 1 healthcare (nearest 419 m).

Search radius
🍽️Dining2
🏫Education1
🏥Healthcare1
🌳Parks1
🏦Finance1
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 10/2016CA$600k–650k
Sold price

Same street

Top 2%

Same area

Top 6%

City-wide

Top 5%

Related homes

Highlights & common questions: 436 Elmhurst Road, Winnipeg

Property Overview

This home at 436 Elmhurst Road stands out for its superior metrics across nearly every category. Built in 2011, it is a significantly newer construction compared to the typical home on its street or in the Varsity View neighbourhood. Its 1,828 sqft of living space is comfortably above average for the area, providing ample room. The most striking features are its expansive 11,868 sqft lot, which ranks in the top 4% city-wide, and its assessed value of $720,000, which places it in the top 5% of the community and top 3% of Winnipeg. This indicates a property that is not only large and modern but also highly valued by the assessment authority.

The appeal lies in acquiring a modern home in an established area without the typical trade-offs of an older property. It suits buyers looking for move-in-ready comfort, ample outdoor space, and a home with strong intrinsic value. It would particularly resonate with professionals seeking a premium property in a convenient location, or families wanting a newer build with room to grow in a mature neighbourhood. A less obvious perspective is that the high assessment value, while a marker of prestige, also suggests correspondingly higher property taxes, which is a key consideration for long-term budgeting.


Frequently Asked Questions

1. What does the high assessed value actually mean?
It reflects the municipal government's valuation for taxation purposes, which is often based on market value. A value ranking in the top 3% city-wide suggests the property is considered among the most substantial in Winnipeg, but it also means property taxes will be commensurately higher than average.

2. How does a 2011 build date benefit me compared to an older home?
A home from 2011 likely incorporates modern building codes, energy efficiency standards, and materials. It typically means less immediate concern for major system replacements (like roof, furnace, or windows) that are common with mid-century homes, potentially reducing near-term maintenance costs.

3. The lot is large, but how is it shaped and positioned?
The provided data confirms exceptional size but not the layout. It's important to view the property or maps to understand if the lot is wide or deep, its orientation for sunlight, and how much is usable yard space versus frontage.

4. The living space is above average, but how is it distributed?
While the total square footage is generous, the room count and floor plan layout are not specified. Understanding the number of bedrooms, bathrooms, and the flow of the main living areas is crucial to determining if the space meets your specific needs.

5. The rankings are impressive, but what's the neighbourhood like?
The data compares physical and value metrics, not lifestyle. Varsity View is known for its proximity to the University of Manitoba. Prospective buyers should research the feel of the specific street, traffic patterns, local amenities, and schools to ensure the community aligns with their lifestyle.