103-500 Cathcart Street

Elmhurst, Winnipeg

Property score

70.6

Good

Overall 70.6 · Newer than most nearby homes

1,163 sqft (top 40%) · Built in 1999 (3 yrs newer than avg)

Located in a above-average income area with median household income of ~77.5k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 1 place of worship nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Above average

3 yrs newer than neighborhood avg.

Mother tongue

English · 85%French · 2%

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

Sold Count

73

Median price

245k

$/sqft

$231/sqft

Avg build year

1996

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Property score

70.6 is composed by the two sections below.

Property Score

66.0Good
Living Area1,163 sqft60Fair
Year Built199984Excellent
Neighbourhood Sales Activity37Low

Community Score

77.5Good
Household Income76Good
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health42Low

Neighbourhood Sales

Elmhurst

How to read: Share of sales in each ~$50k price band for “elmhurst” (Condos, 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: #46110352

Community deep dive

$78K

Median household income

$102K

Average household income

12%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.6

P90 / P10 ratio

46%

Single-person households

19%

Families with children

Population, labour & age

Population (2021)639
Labour force participation rate47%
Median age58.0
Avg household size1.9
Unemployment rate11%
Population density3195 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households46%
Couple families with children19%
Median household income (2020)$78K

Housing

Renter households33%
Condominium dwellings25%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority4%
Bachelor's or higher (25–64)51%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

above average
1,163 sqft
0255075100
Same streetTop 30%Same areaTop 40%CitywideTop 30%
Same street · Cathcart Street
#18 / 60
Top 30% · Avg 1,164 sqft
Same area · Elmhurst
#59 / 148
Top 40% · Avg 1,140 sqft
Citywide · Winnipeg
#7,997 / 26,841
Top 30% · Avg 1,042 sqft

Tax-Assessed Value

around average
235k
0255075100
Same streetTop 42%Same areaBottom 48%CitywideTop 48%
Same street · Cathcart Street
#25 / 60
Top 42% · Avg 238.6k
Same area · Elmhurst
#77 / 148
Bottom 48% · Avg 274.4k
Citywide · Winnipeg
#12,894 / 26,841
Top 48% · Avg 256.1k

Year Built

above average
1999
0255075100
Same streetBottom 48%Same areaTop 21%CitywideTop 41%

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

103-500 Cathcart Street — 4 amenities found within 500 m, across 4 categories, including 1 dining (nearest 475 m), 1 education (nearest 497 m), 1 healthcare (nearest 465 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare1
Worship1

Crime & Safety

Elmhurst · WPS public data · 2026

Annual incidents

5

2026

vs. city avg

-83%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

80%

Sales History

Sold 6/2016CA$250k–300k
Sold price

Same street

Top 28%

Same area

Top 45%

City-wide

Top 43%

Related homes

Highlights & common questions: 103-500 Cathcart Street, Winnipeg

Property Overview

This is a well-maintained, 1,163 sqft condo unit in Elmhurst, built in 1999. Its primary appeal lies in offering solid, move-in-ready space in a mature neighbourhood, without the demands of exterior maintenance. The data suggests it represents a more affordable entry point into the Winnipeg market, particularly suited for first-time buyers, downsizers seeking a manageable space, or investors looking for a stable rental property. Its standout characteristic is its exceptional ranking within the immediate community and city for its price point, indicating strong value relative to its surroundings. While not the newest or largest unit on its street, it occupies a comfortable middle ground with a long-term ownership history.

Key Considerations & FAQs

1. What are the monthly condo fees, and what do they cover?
This is the most critical question for any condo purchase. The listing does not include this information, so you must obtain a detailed breakdown from the property management. Fees typically cover building insurance, common area maintenance, reserves, and possibly some utilities.

2. How healthy is the condo corporation's reserve fund?
A building from 1999 is entering a period where major components (roof, windows, elevators, etc.) may need significant repairs or replacement. A well-funded reserve is essential to avoid special levies.

3. Why is the assessed value notably lower than the last sale price?
The current assessment is $23.5K, while it last sold for $250K in 2016. This large discrepancy is unusual and requires clarification. It may be a data error, or there may be specific circumstances affecting the assessment that need to be understood.

4. What is the unit's exposure and natural light like?
As an interior unit (103), it's important to view the property at different times of day to assess light levels and whether windows face a quiet or busy area of the building complex.

5. What are the rules around rentals, pets, and renovations?
The condo board's bylaws will govern what you can and cannot do. Investors must check rental policies, while all buyers should confirm pet restrictions and the process for approving in-suite upgrades.

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