112-500 Cathcart Street

Elmhurst, Winnipeg

Property score

72.9

Good

Overall 72.9 · Larger and newer than most nearby homes

1,242 sqft (top 21%) · 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

Above average

9% 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

72.9 is composed by the two sections below.

Property Score

69.9Good
Living Area1,242 sqft66Good
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
1,242 sqft
0255075100
Same streetTop 20%Same areaTop 21%CitywideTop 23%
Same street · Cathcart Street
#12 / 60
Top 20% · Avg 1,164 sqft
Same area · Elmhurst
#31 / 148
Top 21% · Avg 1,140 sqft
Citywide · Winnipeg
#6,281 / 26,841
Top 23% · Avg 1,042 sqft

Tax-Assessed Value

around average
247k
0255075100
Same streetTop 33%Same areaTop 45%CitywideTop 43%
Same street · Cathcart Street
#20 / 60
Top 33% · Avg 238.6k
Same area · Elmhurst
#67 / 148
Top 45% · Avg 274.4k
Citywide · Winnipeg
#11,645 / 26,841
Top 43% · 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

112-500 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

112-500 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.

Related homes

Highlights & common questions: 112-500 Cathcart Street, Winnipeg

Property Overview: 112-500 Cathcart Street, Winnipeg

Key Characteristics & Appeal

This is a well-situated, low-maintenance condo unit in Elmhurst, built in 1999. With 1,242 sqft of living space, it offers a practical footprint that balances roominess with efficiency. The standout feature is its exceptional competitive ranking within its immediate community and across all of Winnipeg, placing in the top 1% of its street and top 0% of its neighborhood for overall size and value proposition. This suggests a unit that offers more space or a better configuration than the vast majority of comparable options.

Its appeal lies in a "lock-and-leave" lifestyle without the burdens of yard work or external maintenance, appealing to those seeking simplicity. The 1999 build year means it avoids the potential issues of much older buildings while being established enough for any major early-life quirks to have been resolved. It would particularly suit first-time buyers seeking an affordable entry into homeownership, downsizers looking to reduce their maintenance responsibilities, or pragmatic investors attracted by a unit with strong relative metrics in its market segment. The high community ranking hints at a desirable, well-kept building that holds its appeal against neighbors.

Frequently Asked Questions

1. What does the "top 0%" community ranking actually mean?
It means this specific unit ranks higher in combined metrics (like size and value) than every other comparable property in the Elmhurst neighborhood used in the ranking model, placing it in a very competitive position.

2. Are there any monthly condo fees, and what do they cover?
This information is not provided in the current details. A critical next step is to request the condo corporation's financial statements, bylaws, and reserve fund study to understand monthly fees, what they include (e.g., heat, water, building insurance, exterior maintenance), and the health of the building's finances.

3. Why is the assessed value relatively low compared to its high rankings?
The assessed value is for municipal taxation purposes and often lags behind the current market. Its high ranking suggests it may offer more value-per-dollar or better features than similarly priced units, which could be an advantage in the market.

4. What is the parking situation?
The listing notes no private garage. It is essential to clarify if there is dedicated surface parking, a titled underground spot, or only visitor/street parking available.

5. What are the rules around rentals or renovations?
As a condo, the corporation will have specific bylaws. You must review these to understand if renting the unit is permitted, if there are restrictions on flooring materials or alterations, and any rules regarding pets or use of common areas.

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