Property score
67.5
Good
Overall 67.5 · Newer than most nearby homes
1,099 sqft (bottom 46%) · 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
4% 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
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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
109-500 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%
109-500 Cathcart Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This condominium at 109-500 Cathcart Street offers a practical, low-maintenance lifestyle in Winnipeg's Elmhurst area. Built in 1999, its primary appeal lies in its exceptional competitive positioning within its immediate surroundings. The unit ranks in the top 1% of its street and the top 0% of its broader neighborhood and all of Winnipeg for its size-to-price ratio, indicating it presents significant value relative to other options. With just under 1,100 square feet of living space and no basement or garage, it suits buyers seeking a straightforward, manageable space. Its strongest fit would be first-time buyers, downsizers, or investors looking for a competitively priced asset in a well-established building. A thoughtful perspective is that while the unit's assessed value is modest compared to the wider market, its superior rankings suggest it is a standout within its specific peer group, potentially offering stability and efficiency rather than luxury features.
Key Details & FAQs
Frequently Asked Questions
1. What do the "top 1%" rankings actually mean?
They indicate how this property compares to others in a specific area based on key metrics. For example, ranking in the "top 1% on its street" for value means its combination of size and price is better than 99% of other listings on Cathcart Street, signaling strong local competitiveness.
2. Who would this property not be suitable for?
It would not suit buyers who require private outdoor space, a garage, a basement for storage or hobbies, or those seeking a brand-new build. The layout and amenities are functionally oriented.
3. The assessed value seems low. Is that a concern?
Not necessarily. The assessment is for municipal tax purposes. The more relevant data is the property's market ranking, which is exceptionally high. This suggests the assessed value may not fully reflect its market position or appeal to buyers looking for this specific profile.
4. What are the less obvious things to consider here?
Consider the implications of the 1999 build year: major components like windows, roofing, or building systems may be approaching key maintenance or renewal phases. It's wise to review the condo corporation's reserve fund study. Also, the high rankings mean it could attract strong interest from similar value-focused buyers.
5. What should I investigate next?
The next steps should be to review the condominium's financial health (reserve fund, monthly fees), rules (bylaws, pet policies), and recent meeting minutes to understand any pending special assessments or major projects. This will give you a complete picture of the ongoing costs and community.
