114-500 Cathcart Street

Elmhurst, Winnipeg

Property score

67.5

Good

Overall 67.5 · Newer than most nearby homes

1,077 sqft (bottom 32%) · 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

6% 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)

Sold Count

73

Median price

245k

$/sqft

$231/sqft

Avg build year

1996

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Property score

67.5 is composed by the two sections below.

Property Score

60.8Fair
Living Area52
1,077 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
1,077 sqft
0255075100
Same streetBottom 8%Same areaBottom 32%CitywideTop 41%
Same street · Cathcart Street
#55 / 60
Bottom 8% · Avg 1,164 sqft
Same area · Elmhurst
#101 / 148
Bottom 32% · Avg 1,140 sqft
Citywide · Winnipeg
#10,911 / 26,841
Top 41% · Avg 1,042 sqft

Tax-Assessed Value

around average
220k
0255075100
Same streetBottom 22%Same areaBottom 28%CitywideBottom 46%
Same street · Cathcart Street
#47 / 60
Bottom 22% · Avg 238.6k
Same area · Elmhurst
#106 / 148
Bottom 28% · Avg 274.4k
Citywide · Winnipeg
#14,468 / 26,841
Bottom 46% · 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

114-500 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

114-500 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: 114-500 Cathcart Street, Winnipeg

Property Overview & Key Characteristics

This 1,077 sqft condo in Elmhurst, built in 1999, presents a practical and low-maintenance living option. Its primary appeal lies in its exceptional competitive positioning within the broader market. The property ranks in the top tier for its size relative to both the neighborhood and all of Winnipeg, suggesting it offers more space than the vast majority of comparable units. Furthermore, its 1999 build year is notably newer than most homes in the area, ranking in the top 5% within the community. This combination of relatively modern construction and above-average interior space for a condo forms its core value proposition.

The unit would suit first-time buyers seeking an affordable entry into the market without the upkeep of a house, or downsizers looking to simplify their lifestyle while retaining comfortable square footage. Its strong rankings indicate it's a competitively sized unit in a well-established neighborhood, appealing to value-focused buyers who prioritize space and newer builds within the condo segment. A less obvious perspective is that its modest assessed value, while lower than many in the immediate vicinity, may reflect a cost-effective opportunity in a building without extensive amenities (like a garage or pool), keeping monthly fees potentially more manageable.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings show how this unit compares to others in its immediate street, neighborhood, and city. For example, ranking in the top 1% for size on its street means it is larger than 99% of other homes on Cathcart Street, which is a significant advantage for a condo.

2. Are there any monthly condo fees, and what do they cover?
This information is not provided in the available details. A crucial next step would be to obtain the condo corporation's financial statements and bylaws to understand the monthly fee amount, what utilities or services (like water, building insurance, grounds maintenance) are included, and the health of the reserve fund.

3. Why is the assessed value relatively low compared to the area?
The assessment is typically based on mass appraisal models and recent sales. Its lower relative rank could be due to the specific building, the unit's interior condition, or the lack of certain features (like a garage) common in the area. It's important to view this as a baseline for property taxes, not necessarily the market value.

4. What is the Elmhurst neighborhood like?
Elmhurst is a mature, established neighborhood in Winnipeg. Its high rankings for the property's age suggest a community with many older homes, making this 1999 building one of the newer constructions. Buyers should explore the area for amenities, transit access, and overall character to see if it fits their lifestyle.

5. What are the implications of having no garage or basement?
The lack of a garage means parking is likely limited to surface lots or street parking, and all storage must be accommodated within the unit's 1,077 sqft. The absence of a basement eliminates potential for extra storage or mechanical space, so inquiring about in-suite storage and building locker availability is essential.