25 Cascade Bay

Windsor Park, Winnipeg

63.2

Fair

Overall 63.2

Compared with neighbourhood average

1,040 sqft (bottom 45%)

Built in 1959 (2 yrs older than avg)

Located in a high-income area

with median household income of ~94k

Transit 92.0

3-min walk to transit with 5 nearby routes

Within 500m: 5 dining spots, 3 schools, 1 healthcare facility, and 1 shop nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Near average

2 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

63.2 is composed by the two sections below.

Property Score

56.6Fair
Living Area1,040 sqft52Fair
Year Built195943Low
Lot Size12,082 sqft98Excellent
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

Elite
398k
0255075100
Same streetTop 4%Same areaTop 9%CitywideTop 39%
Same street · Cascade Bay
#2 / 50
Top 4% · Avg 356k
Same area · Windsor Park
#311 / 3,307
Top 9% · Avg 354.2k
Citywide · Winnipeg
#75,508 / 194,458
Top 39% · Avg 390.1k

Year Built

around average
1959
0255075100
Same streetTop 34%Same areaBottom 45%CitywideBottom 40%

Lot Size

Elite
12,082 sqft
0255075100
Same streetTop 2%Same areaTop 1%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

25 Cascade Bay — 20 amenities found within 500 m, across 10 categories, including 5 dining (nearest 408 m), 3 education (nearest 197 m), 1 healthcare (nearest 490 m).

Search radius
🍽️Dining5
🏫Education3
🏥Healthcare1
🛒Shopping1
🌳Parks3
💪Sports1
🏦Finance1
Fuel Stations1
Worship2
🏛️Government2

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 10/2021CA$350k–400k
Sold price

Same street

Top 33%

Same area

Top 29%

City-wide

Top 46%

Related homes

Highlights & common questions: 25 Cascade Bay, Winnipeg

25 Cascade Bay – Property Summary

1. Key Characteristics & Buyer Profile

This property sits on an exceptionally large lot—12,082 sq ft—ranking in the top 2% on its street, top 1% in the Windsor Park neighbourhood, and top 3% citywide. The house itself is 1,040 sq ft, slightly above street average but below the city median. Built in 1959, it’s typical of the area's postwar housing stock.

The standout feature is the land. For someone who values outdoor space, gardening, or room to expand, this property offers what most nearby homes cannot: roughly double the average lot size for the area. The assessed value ($398,000) is strong relative to the immediate street and neighbourhood—ranking top 4% and 9% respectively—reflecting that premium.

Where the property may not appeal is to buyers seeking modern finishes, a larger interior footprint, or a home that's already been fully updated. The house itself is modest and likely needs some work. This is a trade-off: a smaller, older home on an exceptional piece of land.

Best suited for: Buyers who prioritize land value over interior space, and who are open to renovation or rebuilding. Also a strong fit for someone looking to hold land in a stable, older neighbourhood where large lots are rare.


2. Frequently Asked Questions

1. How does the lot size compare to other homes in Windsor Park?
This lot is nearly twice the neighbourhood average (6,030 sq ft) and ranks 7th out of 3,307 properties in Windsor Park. It’s among the largest residential lots in the area.

2. Is the property a tear-down or can it be lived in as-is?
The home is structurally from 1959 and shows average condition for its age. It’s livable, but a buyer should expect updates. Longer-term, the lot value likely exceeds the home value, making a rebuild a realistic consideration.

3. What does the assessed value tell me about taxes?
The assessed value of $398,000 is used to calculate property taxes. It's above the street and neighbourhood averages, but close to the citywide average. While taxes will be higher than on a typical home in Windsor Park, the gap isn’t extreme given the lot size.

4. Why is the interior square footage only “average” while the lot is exceptional?
This is common in older neighbourhoods where original homes were built modestly on large plots. The house was constructed to a standard floor plan of its era. The value here is in the land, not the structure.

5. What’s the upside for a buyer?
The main upside is scarcity. Large, well-located lots in established Winnipeg neighbourhoods are rare. Whether you renovate, build new, or simply hold, the land itself offers long-term potential that a typical home on a standard lot does not.

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