104-500 Cathcart Street

Elmhurst, Winnipeg

Property score

70.6

Good

Overall 70.6 · Newer than most nearby homes

1,142 sqft (top 44%) · 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

0% 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 Area60
1,142 sqftFair
Year Built84
1999Excellent
Neighbourhood Sales Activity37
Low

Community Score

77.5Good
Household Income76
Good
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health42
Low

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

around average
1,142 sqft
0255075100
Same streetTop 35%Same areaTop 44%CitywideTop 32%
Same street · Cathcart Street
#21 / 60
Top 35% · Avg 1,164 sqft
Same area · Elmhurst
#65 / 148
Top 44% · Avg 1,140 sqft
Citywide · Winnipeg
#8,601 / 26,841
Top 32% · Avg 1,042 sqft

Tax-Assessed Value

around average
238k
0255075100
Same streetTop 37%Same areaTop 49%CitywideTop 47%
Same street · Cathcart Street
#22 / 60
Top 37% · Avg 238.6k
Same area · Elmhurst
#72 / 148
Top 49% · Avg 274.4k
Citywide · Winnipeg
#12,572 / 26,841
Top 47% · 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

104-500 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 5/2019CA$200k–250k
Sold price

Same street

Top 50%

Same area

Bottom 42%

City-wide

Top 49%

Related homes

Highlights & common questions: 104-500 Cathcart Street, Winnipeg

Property Overview: 104-500 Cathcart Street, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, second-floor condominium in the Elmhurst neighbourhood, built in 1999. With 1,142 sqft of living space, it offers a practical layout in a no-fuss building that lacks amenities like a garage or pool, which translates to lower monthly fees. Its standout feature is its exceptional competitive positioning within the broader market. The unit ranks in the top tier for its size relative to its immediate street and the entire city, suggesting it offers more space for the price than most comparable options. Furthermore, it is newer than approximately 80% of all Winnipeg homes, a significant advantage for buyers wary of older building maintenance issues.

The appeal lies in its value-oriented efficiency. It suits a first-time buyer, downsizer, or pragmatic investor seeking a straightforward, move-in-ready property without the upkeep of a yard or exterior maintenance. The 2019 sale price is very close to its current assessed value, indicating stable market value. A less obvious perspective is that its high rankings for size and age, contrasted with a lower ranking for assessed value, could signal an opportunity for a buyer who prioritizes living space and modern construction over premium finishes or location prestige. It’s a solid, unpretentious home for someone whose priority is square footage and a relatively recent build within a sensible budget.

Frequently Asked Questions

1. What are the condo fees, and what do they cover?
This information is not provided in the current details. A buyer must request the condo corporation’s financial statements and bylaws to understand the monthly fees and what utilities, insurance, or maintenance costs are included.

2. Why is the assessed value ranking lower than the rankings for size and age?
The assessment is based on multiple factors, including recent sales and the specific unit’s value. The higher rankings for size and age indicate this unit is physically larger and newer than most homes, but its market value may be moderated by factors like its specific floor plan, interior condition, or the building’s overall market perception.

3. Is this a good investment property?
Given its stable price history and efficient layout, it could be a candidate for a rental investment. Its appeal to tenants would likely be its space and modern build. Due diligence on the condo corporation’s rules on rentals and its financial health is essential.

4. What is the Elmhurst neighbourhood like?
Elmhurst is a mature, established residential area in Winnipeg. Prospective buyers should visit at different times to gauge traffic, noise, and neighbourhood feel, and research proximity to desired amenities like transit, shopping, and schools.

5. The data shows it's "newer" than many homes, but it's 27 years old. What should I check?
While newer than much of Winnipeg's housing stock, a 1999 build still requires a thorough inspection. Key focuses should be on the building envelope (window and sealant lifespan), the condition of common elements like roofing and hallways, and the age/condition of in-suite mechanicals like the hot water heater.