Property score
70.6
Good
Overall 70.6 · Newer than most nearby homes
1,163 sqft (top 40%) · Built in 2000 (4 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
2% larger than neighborhood avg.
Year Built
Above average
4 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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Property score
70.6 is composed by the two sections below.
Property Score
Community Score
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.
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.
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
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
around averageYear Built
EliteRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
118-500 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).
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
118-500 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.
118-500 Cathcart Street · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 118-500 Cathcart Street, Winnipeg
Property Overview: 118-500 Cathcart Street, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, modern condo in Elmhurst, built in 2000. Its primary appeal lies in its exceptional competitive standing within its immediate area. The property ranks in the top 1% of its street and the top 3% of the Elmhurst community for its newer construction age, indicating it is among the most contemporary homes in the neighborhood. With just over 1,160 square feet of living space, it offers a comfortable footprint that is competitively sized for the area.
The property’s greatest strength is its standout value proposition. While its assessed value positions it in the more affordable tier locally, its modern build and solid size create a compelling contrast. This suggests a unit that offers newer infrastructure and finishes without a premium price tag, representing a savvy entry point into a stable community. It would suit first-time buyers, downsizers, or value-focused investors seeking a modern, low-maintenance home in a well-established Winnipeg neighborhood. The lack of a basement or garage points to a truly lock-and-leave lifestyle, appealing to those prioritizing simplicity and ease.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in a specific geographic area. For example, ranking in the top 1% for age on its street means it is newer than 99% of the other homes on Cathcart Street, a sign of modern construction in an older area.
2. The assessment value seems low relative to the rankings for age and size. Why?
This is the property’s key dynamic. The lower assessment likely reflects broader market factors and the condo's specific attributes (like no garage), while the high rankings for age and community standing highlight its inherent, less obvious advantages of newer systems and neighborhood position.
3. Who is the ideal buyer for this type of property?
It’s an excellent fit for pragmatic buyers who value modern building systems (like updated electrical or plumbing) over flashy extras. It’s also ideal for those who want a manageable space without outdoor maintenance responsibilities.
4. What are the potential drawbacks to consider?
The lack of a basement means no additional storage or utility space, and there is no private garage. Parking and storage would be limited to what the condo complex provides. The overall value is also closely tied to the health and management of the condo corporation.
5. How significant is the "newer build" aspect in a neighborhood context?
Very significant. In an established community, a home built in 2000 avoids many of the major repair or renovation issues common in much older homes, offering immediate peace of mind and potentially lower near-term maintenance costs, which is a major hidden benefit.