Property score
67.5
Good
Overall 67.5 · Newer than most nearby homes
1,086 sqft (bottom 39%) · 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
Below average
5% smaller 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)
73
245k
$231/sqft
1996
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
67.5 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110352
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
106-500 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).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 3% | Top 29% | Top 24% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 14% | Bottom 16% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 106-500 Cathcart Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, second-floor condominium in Elmhurst, built in 1999. With 1,086 square feet of living space, it offers a practical layout for everyday life. The property has no basement or garage, which simplifies maintenance and reduces associated costs and responsibilities.
Its primary appeal lies in its exceptional location within its immediate community. The data shows it ranks in the top 1% of homes on its street and the top 5% within the broader Elmhurst neighborhood for its newer construction year, suggesting it is among the more modern properties in an established area. This creates a valuable combination of a contemporary living space within a mature, settled community. The unit has demonstrated solid market performance, with a clear appreciation in value between its 2019 and 2022 sales.
This property would ideally suit first-time buyers, downsizers, or investors seeking a low-maintenance lifestyle. It’s perfect for someone who prioritizes a modern, move-in-ready home in a prime spot within a desirable neighborhood over having a private yard or workshop space. The strong community rankings indicate a high-quality enclave, appealing to those who value their immediate surroundings.
Section 2: Frequently Asked Questions
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 company to understand your monthly costs and the reserve fund's health.
2. How does having no basement or garage impact daily living?
This means all storage must be accommodated within the 1,086 sqft floor plan. For a car, you would rely on surface parking. This setup favors those who prefer a minimalist lifestyle or are comfortable utilizing clever built-in storage solutions.
3. The assessment value is lower than the 2022 sale price. Why?
Municipal property assessments for tax purposes often lag behind current market values and use a different valuation model. The 2022 sale price of $305,000 is a more accurate reflection of its recent market worth, and the assessment of $272,000 may result in proportionately lower property taxes.
4. The home ranks lower for size and value. Is that a concern?
Not necessarily. These rankings compare it to all homes, including large single-family houses. For a condo in this area, its size is functional. The more telling rankings are for its age and location, where it performs exceptionally well, highlighting its appeal as a modern unit in a prime spot.
5. What is the building's policy on rentals?
This is crucial for an investor or anyone considering future flexibility. You need to review the condominium bylaws to see if there are any restrictions on leasing the unit, such as a cap on the number of rental units or minimum lease terms.
