40 Cascade Bay

Windsor Park, Winnipeg

61.6

Fair

Overall 61.6

Compared with neighbourhood average

1,096 sqft (top 35%)

Built in 1959 (2 yrs older than avg)

Located in a high-income area

with median household income of ~94k

Transit 92.0

4-min walk to transit with 5 nearby routes

Within 500m: 6 dining spots, 3 schools, 2 healthcare facilitys, and 3 shops nearby

Living Area

Near average

0% larger 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

61.6 is composed by the two sections below.

Property Score

54.0Fair
Living Area1,096 sqft52Fair
Year Built195943Low
Lot Size6,281 sqft81Excellent
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

above average
1,096 sqft
0255075100
Same streetTop 18%Same areaTop 35%CitywideBottom 39%
Same street · Cascade Bay
#9 / 50
Top 18% · Avg 1,011 sqft
Same area · Windsor Park
#1,160 / 3,307
Top 35% · Avg 1,091 sqft
Citywide · Winnipeg
#118,188 / 194,458
Bottom 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
354k
0255075100
Same streetTop 48%Same areaBottom 48%CitywideBottom 48%
Same street · Cascade Bay
#24 / 50
Top 48% · Avg 356k
Same area · Windsor Park
#1,705 / 3,307
Bottom 48% · Avg 354.2k
Citywide · Winnipeg
#101,844 / 194,458
Bottom 48% · Avg 390.1k

Year Built

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

Lot Size

above average
6,281 sqft
0255075100
Same streetTop 38%Same areaTop 29%CitywideTop 26%

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

40 Cascade Bay — 24 amenities found within 500 m, across 9 categories, including 6 dining (nearest 337 m), 3 education (nearest 248 m), 2 healthcare (nearest 412 m).

Search radius
🍽️Dining6
🏫Education3
🏥Healthcare2
🛒Shopping3
🌳Parks2
🏦Finance3
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 4/2022CA$350k–400k
Sold price

Same street

Top 11%

Same area

Top 13%

City-wide

Top 36%
Sold 7/2017CA$250k–300k
Sold price

Same street

Bottom 39%

Same area

Bottom 34%

City-wide

Bottom 36%
Sold 10/2016CA$200k–250k
Sold price

Same street

Bottom 1%

Same area

Bottom 3%

City-wide

Bottom 16%

Related homes

Highlights & common questions: 40 Cascade Bay, Winnipeg

40 Cascade Bay – Property Summary

Key Characteristics & Profile

This is a 1,096-square-foot home built in 1959, sitting on a 6,281-square-foot lot in Windsor Park. What stands out is the lot size—it’s above average both within the neighbourhood (top 29%) and city-wide (top 26%), which gives it genuine outdoor space compared to many nearby homes. The living area is also on the larger side for the street, ranking 9th out of 50, though it sits closer to the middle of the pack across Windsor Park and Winnipeg as a whole. The assessed value is right around the neighbourhood average, which suggests the property is priced in line with what’s typical for the area, without being overvalued relative to its peers. The home’s age (1959) is consistent with the street’s character, and while not newly built, it’s not notably older than surrounding houses either.

The appeal here leans toward buyers who want a good-sized lot in an established neighbourhood without paying a premium for a fully renovated or newer home. It would particularly suit someone looking for a solid mid-century house with room to add value through updates or landscaping—since the bones (lot size and floor plan) are already above average for the street and community. First-time buyers, small families, or investors looking for a property with decent land component might find it practical. It’s not a flashy or standout property city-wide, but within its immediate context, it offers good proportion and stability.


Five Possible FAQs

1. How does the lot size compare to other homes in Windsor Park?
The lot is 6,281 sqft, which is above average for the neighbourhood (top 29%). It also ranks in the top 26% city-wide, so you’re getting more land than most homes in Winnipeg, not just this area.

2. Is the assessed value likely to increase?
The assessed value is close to the street and neighbourhood averages, so it’s not over- or under-valued relative to its immediate peers. Any change would depend on market trends or improvements you make—the lot itself gives room for added value.

3. Does the home need major renovation?
Built in 1959, so it’s a mid-century home. Without seeing the interior condition, it’s fair to expect typical age-related updates (mechanicals, windows, finishes). The ranking suggests it’s comparable to other homes of that era on the street.

4. How does the living space compare to other homes in the area?
At 1,096 sqft, it’s above average on Cascade Bay (top 18%) but close to the Windsor Park average. So it feels spacious for the street, but not unusually large for the wider community.

5. What type of buyer typically goes for this kind of property?
Often buyers who value outdoor space and a quiet, established street over a brand-new build. It’s also a good fit for someone who sees potential in updating a solid older home rather than paying for someone else’s renovations.

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