2 Cascade Bay

Windsor Park, Winnipeg

62.0

Fair

Overall 62.0

Compared with neighbourhood average

1,040 sqft (bottom 45%)

Built in 1960 (1 yr older than avg)

Located in a high-income area

with median household income of ~94k

Transit 100.0

2-min walk to transit with 5 nearby routes

Within 500m: 4 dining spots, 3 schools, 1 healthcare facility, and 2 shops nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 68%French · 13%

Past 10 years Windsor Park sales snapshot (~80% of all data)

Sold Count

1,217

Median price

395k

$/sqft

$375/sqft

Avg build year

1961

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Property score

62.0 is composed by the two sections below.

Property Score

54.6Fair
Living Area1,040 sqft52Fair
Year Built196043Low
Lot Size6,748 sqft85Excellent
Neighbourhood Sales Activity42Low

Community Score

73.1Good
Household Income82Excellent
Education Level44Low
Housing Stress74Good
Core Housing Need76Good
Employment Health83Excellent

Neighbourhood Sales

Windsor Park

How to read: Share of sales in each ~$50k price band for “windsor park” (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: #46110527

Community deep dive

$94K

Median household income

$100K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

23%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)501
Labour force participation rate75%
Median age40.8
Avg household size2.6
Unemployment rate7%
Population density3131 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households23%
Couple families with children31%
Median household income (2020)$94K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority20%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 68%
Mother tongue (2nd)French · 13%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,040 sqft
0255075100
Same streetTop 34%Same areaBottom 45%CitywideBottom 32%
Same street · Cascade Bay
#17 / 50
Top 34% · Avg 1,011 sqft
Same area · Windsor Park
#1,810 / 3,307
Bottom 45% · Avg 1,091 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
381k
0255075100
Same streetTop 14%Same areaTop 20%CitywideTop 44%
Same street · Cascade Bay
#7 / 50
Top 14% · Avg 356k
Same area · Windsor Park
#654 / 3,307
Top 20% · Avg 354.2k
Citywide · Winnipeg
#84,777 / 194,458
Top 44% · Avg 390.1k

Year Built

Elite
1960
0255075100
Same streetTop 2%Same areaTop 43%CitywideBottom 42%

Lot Size

above average
6,748 sqft
0255075100
Same streetTop 22%Same areaTop 16%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

2 Cascade Bay — 19 amenities found within 500 m, across 9 categories, including 4 dining (nearest 378 m), 3 education (nearest 196 m), 1 healthcare (nearest 496 m).

Search radius
🍽️Dining4
🏫Education3
🏥Healthcare1
🛒Shopping2
🌳Parks3
🏦Finance1
Fuel Stations1
Worship3
🏛️Government1

Crime & Safety

Windsor Park · WPS public data · 2026

Annual incidents

17

2026

vs. city avg

-42%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

47%

Sales History

Sold 1/2018CA$250k–300k
Sold price

Same street

Bottom 33%

Same area

Bottom 34%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 2 Cascade Bay, Winnipeg

2 Cascade Bay – Property Summary

Key Characteristics & Buyer Profile

This is a 1,040 sqft home built in 1960 on a 6,748 sqft lot, with an assessed value of $381,000. Its standout feature is the land: the lot is larger than 78% of properties citywide and ranks in the top 16% within the Windsor Park neighbourhood. The assessed value is above average both on the street and in the area—ranking 7th out of 50 homes on Cascade Bay—though it sits right around the citywide median. The living area is slightly below the city average but consistent with nearby homes.

The appeal here is fairly straightforward: you get a good-sized lot in an established neighbourhood, with a home that isn't oversized but sits on land that offers flexibility. For buyers who value yard space, gardening, or potential for future additions, the lot is the real draw. The year built (1960) puts it among the older homes on the street, which may appeal to those looking for character or a more established streetscape, but it's typical for the broader neighbourhood.

This property would suit buyers who are less concerned with a large interior footprint and more focused on outdoor space or long-term property value tied to land. It could also work for someone willing to renovate or expand, given the lot size relative to the house. It's less ideal for anyone wanting a move-in-ready home with generous square footage or a newer build.


Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
The assessed value of $381,000 is above the street average of $356k and the neighbourhood average of $354.2k, ranking in the top 20% locally. Citywide, it's close to the median.

2. Is the living area small for this area?
At 1,040 sqft, it's slightly above the street average of 1,011 sqft but below the citywide average of 1,342 sqft. It's typical for Windsor Park, where many homes from the same era are similarly sized.

3. Why is the lot size significant?
The 6,748 sqft lot ranks in the top 19% citywide and top 16% in the neighbourhood. That's noticeably more land than many comparable properties, which often sit on lots around 6,000 sqft. This could matter for expansion, landscaping, or simply having more outdoor room.

4. How old is the house, and does that matter?
Built in 1960, it's one of the older homes on Cascade Bay (ranked #1, meaning it's the oldest on the street). In the Windsor Park area, 1960 is close to the neighbourhood average, so it's not unusually old for the context. The age may affect insulation, wiring, or layout, which a home inspection would clarify.

5. What kind of buyer typically looks at this property?
Usually someone who prioritizes lot size over interior square footage, or who wants to be in an established area with mature trees and larger yards. Investors or renovators also tend to look at properties like this, given the land-to-building ratio.

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