121-500 Cathcart Street

Elmhurst, Winnipeg

Property score

67.5

Good

Overall 67.5 · Newer than most nearby homes

1,086 sqft (bottom 39%) · 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

Below average

5% smaller 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)

Sold Count

73

Median price

245k

$/sqft

$231/sqft

Avg build year

1996

Need help understanding this property?

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

Property score

67.5 is composed by the two sections below.

Property Score

60.8Fair
Living Area52
1,086 sqftFair
Year Built84
2000Excellent
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
1,086 sqft
0255075100
Same streetBottom 27%Same areaBottom 39%CitywideTop 39%
Same street · Cathcart Street
#44 / 60
Bottom 27% · Avg 1,164 sqft
Same area · Elmhurst
#90 / 148
Bottom 39% · Avg 1,140 sqft
Citywide · Winnipeg
#10,349 / 26,841
Top 39% · Avg 1,042 sqft

Tax-Assessed Value

around average
209k
0255075100
Same streetBottom 1%Same areaBottom 20%CitywideBottom 42%
Same street · Cathcart Street
#60 / 60
Bottom 1% · Avg 238.6k
Same area · Elmhurst
#119 / 148
Bottom 20% · Avg 274.4k
Citywide · Winnipeg
#15,593 / 26,841
Bottom 42% · Avg 256.1k

Year Built

Elite
2000
0255075100
Same streetTop 2%Same areaTop 1%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

121-500 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

121-500 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: 121-500 Cathcart Street, Winnipeg

Property Summary: 121-500 Cathcart Street, Winnipeg

Key Characteristics & Appeal

This condominium at 121-500 Cathcart Street in Elmhurst presents a compelling, low-maintenance living option. Its primary appeal lies in its modern building age (constructed in 2000) and its exceptional competitive standing within its immediate area. The data indicates it ranks in the top 1% of homes on its street and top 3% within the Elmhurst community for the desirability of its build year. With 1,086 square feet of living space, it offers a practical footprint suitable for individuals, couples, or small families seeking a spacious feel without the upkeep of a house.

A more nuanced perspective is its position as a value-conscious entry into a well-established neighborhood. While its assessed value is modest relative to the broader Winnipeg market, its strong rankings for age and location within its micro-community suggest it may represent a "hidden gem" – a well-situated, contemporary property without a premium price tag. This unit would ideally suit first-time buyers, downsizers looking to simplify, or pragmatic investors seeking a property with strong fundamental metrics (like building age) in a mature area. The absence of a basement or garage underscores its turn-key, minimalist lifestyle appeal.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this specific unit against other homes on its street, in the Elmhurst community, and across all of Winnipeg for key metrics. For example, being newer than 99% of homes on its street highlights its modern construction in an older area, which is a significant advantage.

2. Is there any outdoor space or parking?
The listing indicates no private garage. Prospective buyers should inquire with the condominium corporation about dedicated parking arrangements (e.g., surface lot or underground spot) and whether the unit includes a balcony or has access to any shared common outdoor areas.

3. Why is the assessed value ranking lower than the other rankings?
The relatively lower ranking for assessed value (which influences property tax) suggests this unit may be priced more accessibly than many in the city. This can be attractive, but it's wise to understand if this reflects the condominium's specific features, the building's financial health, or typical valuations for similar units in the area.

4. What are the monthly condominium fees, and what do they include?
This is a critical question. The fees impact overall affordability and cover shared expenses. You will need to ask for a detailed breakdown covering building insurance, reserve fund contributions, landscaping, snow removal, and any amenities.

5. How does the lack of a basement affect storage?
With no basement, in-unit storage will be limited to closets and possibly a storage locker. It’s important to assess the on-site storage solutions provided by the condominium corporation and whether they meet your needs.