3 Cascade Bay

Windsor Park, Winnipeg

62.0

Fair

Overall 62.0

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 100.0

1-min walk to transit with 5 nearby routes

Within 500m: 3 dining spots, 3 schools, 1 shop, and 3 parks 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

62.0 is composed by the two sections below.

Property Score

54.6Fair
Living Area1,040 sqft52Fair
Year Built195943Low
Lot Size6,751 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

around average
343k
0255075100
Same streetBottom 26%Same areaBottom 34%CitywideBottom 44%
Same street · Cascade Bay
#37 / 50
Bottom 26% · Avg 356k
Same area · Windsor Park
#2,167 / 3,307
Bottom 34% · Avg 354.2k
Citywide · Winnipeg
#109,409 / 194,458
Bottom 44% · Avg 390.1k

Year Built

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

Lot Size

above average
6,751 sqft
0255075100
Same streetTop 20%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

3 Cascade Bay — 15 amenities found within 500 m, across 7 categories, including 3 dining (nearest 425 m), 3 education (nearest 152 m), 1 shopping (nearest 364 m).

Search radius
🍽️Dining3
🏫Education3
🛒Shopping1
🌳Parks3
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 5/2024CA$300k–350k
Sold price

Same street

Top 44%

Same area

Top 41%

City-wide

Bottom 48%
Sold 2/2021CA$300k–350k
Sold price

Same street

Top 50%

Same area

Top 48%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 3 Cascade Bay, Winnipeg

3 Cascade Bay – Property Summary

Key Characteristics & Buyer Profile

This is a 1,040 sqft home built in 1959 on a 6,751 sqft lot in Windsor Park, Winnipeg. The living area is slightly below the citywide average for comparable homes, but the lot size stands out significantly—ranking in the top 20% on the street, top 16% in the neighbourhood, and top 19% citywide. That’s the property’s strongest asset.

The assessed value is $343,000, which is below the average on Cascade Bay and below the citywide average of $390,100. The home itself is about average for its era, but the land holds more potential than the structure suggests.

This property would suit buyers who value outdoor space over interior square footage—people looking for a solid lot in a stable, mid-tier neighbourhood where they might renovate, build an addition, or eventually redevelop. It’s less suited for someone wanting a move-in-ready home with contemporary finishes, and more for those who see the land as the primary investment. Windsor Park is a well-established area with older homes, and this property fits that character without being an outlier.

Frequently Asked Questions

1. How does this property compare to others on Cascade Bay specifically?
It’s roughly average in living area and age, but the lot is larger than most on the street (ranked 10th out of 50). The assessed value is below the street average, which may reflect the home’s condition or interior finish more than the land.

2. What does the lot size mean for potential renovations or additions?
At 6,751 sqft, the lot is above average for the neighbourhood and city. That leaves room for a garage, workshop, garden, or a future addition, depending on zoning. It’s worth checking local setback and lot coverage rules before planning major changes.

3. Is the assessed value a reliable indicator of market value?
Assessed value is a benchmark used for property taxes, not a direct market estimate. In this case, the below-average assessment could mean the home needs updates or has less interior space, but the land itself may carry more value than the assessment suggests—especially given the lot ranking.

4. How does the 1959 build year affect maintenance or insurance?
Homes from this era often have original mechanical systems, windows, or insulation that may need attention. Buyers should budget for potential upgrades. Insurance premiums can be slightly higher for older homes, but given the average age in Windsor Park (1961), this isn’t unusual for the area.

5. What kind of neighbourhood is Windsor Park?
It’s a mature, mid-tier residential area with mostly post-war housing. The property ranks around the middle of the neighbourhood for living area and assessed value, so it fits the local norm fairly closely. It’s not a luxury pocket, but it’s stable and established, with reasonable access to amenities.

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