122-500 Cathcart Street

Elmhurst, Winnipeg

Property score

70.6

Good

Overall 70.6 · Newer than most nearby homes

1,115 sqft (top 49%) · 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% 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

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Property score

70.6 is composed by the two sections below.

Property Score

66.0Good
Living Area60
1,115 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
1,115 sqft
0255075100
Same streetTop 45%Same areaTop 49%CitywideTop 35%
Same street · Cathcart Street
#27 / 60
Top 45% · Avg 1,164 sqft
Same area · Elmhurst
#73 / 148
Top 49% · Avg 1,140 sqft
Citywide · Winnipeg
#9,469 / 26,841
Top 35% · Avg 1,042 sqft

Tax-Assessed Value

around average
219k
0255075100
Same streetBottom 15%Same areaBottom 26%CitywideBottom 46%
Same street · Cathcart Street
#51 / 60
Bottom 15% · Avg 238.6k
Same area · Elmhurst
#110 / 148
Bottom 26% · Avg 274.4k
Citywide · Winnipeg
#14,557 / 26,841
Bottom 46% · 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

122-500 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

122-500 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: 122-500 Cathcart Street, Winnipeg

Property Overview: 122-500 Cathcart Street, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, 1,115 sqft condo built in 2000, located in the Elmhurst neighbourhood. Its primary appeal lies in its exceptional competitive standing within its immediate area. The property ranks in the top 1% of its street and top 3% of its community for building age, indicating it is among the newest and most modern homes in those circles. This suggests lower immediate maintenance concerns relative to older stock. The appeal is one of modern convenience and positional strength rather than sheer size or luxury.

The unit would likely suit first-time buyers, downsizers, or investors seeking a modern, low-maintenance property in a stable Winnipeg neighbourhood. It’s particularly suited for those who value a home that is newer than most in its vicinity, offering a practical living space without the responsibilities of a yard, garage, or basement. The very high rankings for its street and community hint at a desirable micro-location that may offer quiet, established surroundings. A thoughtful perspective is that this property represents a "best-in-class" option for its specific, hyper-local area, which can be a smarter value proposition than a comparable unit in a more broadly prestigious but less competitive district.


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 its street in age means it is newer than 99% of other homes on Cathcart Street, indicating a relatively modern building in that context.

2. Why is the assessed value ranking lower than others?
The assessment ranks in the lower tiers for its area (e.g., top 97% on its street). This typically means the property has a lower municipal assessed value than most neighbours. This can be a positive for property tax costs, but it's important to understand current market value may differ.

3. Is there any outdoor space or parking?
The listing indicates no garage. Details on dedicated parking, a driveway, or a private balcony/patio are not specified in this summary and would require direct verification.

4. What are the condo fees and what do they cover?
This critical information is not included in the provided data. Prospective buyers must obtain the full financial details of the condo corporation, including monthly fees and what amenities or services (like building insurance, landscaping, exterior maintenance) they cover.

5. The "land area" is listed as "—". What does that mean?
This is a condominium. You are purchasing the unit and a share of the common elements; you do not own a separate parcel of land. Therefore, a traditional land area measurement does not apply.