123-500 Cathcart Street

Elmhurst, Winnipeg

Property score

74.9

Good

Overall 74.9 · Larger and newer than most nearby homes

1,391 sqft (top 5%) · 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

Above average

22% 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)

Sold Count

73

Median price

245k

$/sqft

$231/sqft

Avg build year

1996

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Property score

74.9 is composed by the two sections below.

Property Score

73.2Good
Living Area1,391 sqft71Good
Year Built200084Excellent
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

Elite
1,391 sqft
0255075100
Same streetTop 7%Same areaTop 5%CitywideTop 14%
Same street · Cathcart Street
#4 / 60
Top 7% · Avg 1,164 sqft
Same area · Elmhurst
#8 / 148
Top 5% · Avg 1,140 sqft
Citywide · Winnipeg
#3,685 / 26,841
Top 14% · Avg 1,042 sqft

Tax-Assessed Value

above average
260k
0255075100
Same streetTop 22%Same areaTop 30%CitywideTop 40%
Same street · Cathcart Street
#13 / 60
Top 22% · Avg 238.6k
Same area · Elmhurst
#45 / 148
Top 30% · Avg 274.4k
Citywide · Winnipeg
#10,668 / 26,841
Top 40% · 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

123-500 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

123-500 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: 123-500 Cathcart Street, Winnipeg

Property Summary: 123-500 Cathcart Street, Winnipeg

Key Characteristics & Appeal

This well-situated Elmhurst home, built in 2000, presents a compelling opportunity for specific buyers. Its primary appeal lies in its exceptional relative standing within its immediate surroundings. The property ranks in the top 1% of its street for size and age, and is in the top 3% of its neighborhood for being a newer build, indicating it is a modern standout on its block. With 1,391 sqft of living space, it offers above-average roominess for the area.

The home would suit pragmatic buyers who value community position over sheer size. It's ideal for someone seeking a move-in ready, modern property without the premium of a brand-new build, and for those who appreciate a home that compares favorably in age and scale to its neighbors. A thoughtful perspective is that its strong "street ranking" suggests a desirable micro-location within Elmhurst, potentially offering more stability and community appeal than the broader neighborhood metrics alone might indicate. However, its lower percentile ranking for assessed value signals a market valuation that is more accessible compared to many area homes, which could represent a value entry point into a well-ranked street.

Frequently Asked Questions

1. What do the ranking percentages actually mean?
They show how this property compares to others in specific geographic areas. For example, ranking in the "top 1% on its street" for size means it is larger than 99% of the other homes on Cathcart Street.

2. The home ranks highly for age and size, but lower for assessed value. Why might that be?
This can occur due to a variety of factors, including interior condition, specific finishes, or the precise timing of the assessment relative to market changes. It may indicate an opportunity where the property's market price could be more accessible than its physical attributes suggest.

3. Is the lack of a basement or garage a major drawback?
This depends on the buyer's needs. It simplifies maintenance and eliminates risks associated with basement moisture, but reduces storage and utility space. For buyers seeking a low-maintenance lifestyle, this could be a feature rather than a flaw.

4. Who would this property NOT be suitable for?
It would likely not suit buyers who require extensive storage, a basement for recreational or utility purposes, or those whose priority is a home that ranks in the top tier for absolute size across the entire Winnipeg market.

5. How significant is the "top 1% on its street" ranking?
This is a key metric, as your direct neighbors and streetscape greatly impact daily life and long-term value. It strongly suggests this is one of the more substantial and newer homes on the block, which typically contributes to pride of ownership and neighborhood desirability.

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