461 Elmhurst Road

Varsity View, Winnipeg

Property score

68.8

Good

Overall 68.8 · Smaller and older than most nearby homes

1,050 sqft (bottom 27%) · Built in 1959 (16 yrs older than avg)

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

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 school, 1 healthcare facility, and 1 bank/ATM nearby

Living Area

Below average

24% smaller than neighborhood avg.

Year Built

Below average

16 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

68.8 is composed by the two sections below.

Property Score

56.6Fair
Living Area1,050 sqft52Fair
Year Built195943Low
Lot Size12,701 sqft98Excellent
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

around average
1,050 sqft
0255075100
Same streetBottom 34%Same areaBottom 27%CitywideBottom 33%
Same street · Elmhurst Road
#159 / 242
Bottom 34% · Avg 1,247 sqft
Same area · Varsity View
#623 / 848
Bottom 27% · Avg 1,387 sqft
Citywide · Winnipeg
#129,522 / 194,458
Bottom 33% · Avg 1,342 sqft

Tax-Assessed Value

around average
340k
0255075100
Same streetBottom 29%Same areaBottom 23%CitywideBottom 43%
Same street · Elmhurst Road
#173 / 242
Bottom 29% · Avg 393.7k
Same area · Varsity View
#649 / 848
Bottom 23% · Avg 444.7k
Citywide · Winnipeg
#111,544 / 194,458
Bottom 43% · Avg 390.1k

Year Built

around average
1959
0255075100
Same streetBottom 31%Same areaBottom 25%CitywideBottom 40%

Lot Size

Elite
12,701 sqft
0255075100
Same streetTop 9%Same areaTop 8%CitywideTop 3%

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

461 Elmhurst Road — 6 amenities found within 500 m, across 5 categories, including 2 dining (nearest 422 m), 1 education (nearest 400 m), 1 healthcare (nearest 439 m).

Search radius
🍽️Dining2
🏫Education1
🏥Healthcare1
🏦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

461 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: 461 Elmhurst Road, Winnipeg

Property Overview: 461 Elmhurst Road, Varsity View, Winnipeg

Section 1: Key Characteristics & Appeal

This is a classic, well-situated one-storey home built in 1959. Its primary appeal lies in its exceptionally large, private lot of over 12,700 square feet—a rare find within the city that offers immense potential for gardening, recreation, or future expansion. The home itself is modest in size at 1,050 sqft and features a finished basement, presenting a solid foundation in a highly sought-after neighborhood.

The property suits two main types of buyers. First, it’s ideal for a renovator or builder who values land over the existing structure, seeing the lot as the main asset for creating a dream home. Second, it fits a practical buyer looking for an entry point into the desirable Varsity View area, who is comfortable with a home of a vintage era and may prioritize the private outdoor space over a modern interior. A less obvious perspective is the home’s ranking data: while the house itself is average for the area in size and age, the lot size is in the top tier for the entire city, highlighting a significant value proposition that is more about land than building.

Section 2: Frequently Asked Questions

1. What does the ranking data (e.g., "top 3% in Winnipeg") actually mean?
This indicates how the property compares to others in a specific category. For example, its land size is larger than 97% of all residential lots in Winnipeg, a standout feature. Conversely, the home's age and living area are more typical, ranking in the middle ranges.

2. Is the finished basement included in the 1,050 sqft living area?
Typically, the listed "living area" refers to above-ground, finished space. The finished basement would be additional square footage, offering extra flexible living or storage space.

3. What are the implications of having no garage?
Buyers should plan for street parking or consider the cost and feasibility of adding a driveway and garage or shed, which the large lot size could easily accommodate.

4. Given the home's age, what should I be prepared for?
A 1959 home will likely require updates to major systems like plumbing, electrical, or windows. A thorough inspection is essential to budget for necessary modernizations while appreciating the character.

5. Why is the assessed value a consideration?
The municipal assessment provides a baseline for property taxes. Understanding that it’s often below market value is important; the sale price will be determined by current demand, the unique lot size, and the home's condition.

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