Property score
76.5
Good
Overall 76.5 · Larger and newer than most nearby homes
1,456 sqft (top 2%) · 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
28% 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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76.5 is composed by the two sections below.
Property Score
Community Score
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110352
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank 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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
124-500 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).
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%
124-500 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 124-500 Cathcart Street, Winnipeg
Key Characteristics & Appeal
This condominium at 124-500 Cathcart Street in Elmhurst presents a compelling, low-maintenance living option. Its primary appeal lies in its modern foundation and strong positional value within its immediate surroundings. Built in the year 2000, the unit is relatively contemporary compared to much of the local housing stock, potentially meaning fewer concerns with outdated major systems. The 1,456 sqft layout offers above-average space for a condo.
The standout feature is its exceptional competitive ranking within the Elmhurst community and citywide. The data indicates it surpasses 100% of other homes in its community and across all of Winnipeg in terms of lot size, which for a condo translates to a superior common property footprint and potentially more desirable grounds or building density. It also ranks in the top 1% for age on its street. However, it's important to note that its assessed value is more modest relative to its size and age, ranking in the lower tiers for both the community and city. This disconnect suggests a property that may offer strong livability metrics (space, modern build) at a potentially accessible price point within a sought-after area.
This property would ideally suit downsizers or professionals seeking a spacious, modern condo with minimal exterior upkeep in a well-established neighbourhood. It also appeals to value-oriented buyers who prioritize actual living space and building age over premium finishes or a high assessment value, seeing potential in a solid foundational property.
Frequently Asked Questions
1. What do the "rankings" actually mean?
They are relative comparisons. For example, ranking in the top 1% for age on its street means it is newer than 99% of other homes on Cathcart Street. The lot size ranking for a condo reflects the size and likely low density of the overall building site compared to others.
2. Why is the assessed value ranking lower than the rankings for size and age?
This is a key point to investigate. It can be due to various factors, including interior condition, specific condo fees, the unit's orientation or view, or market valuations for similar units. It highlights that the perceived value may be more in the structure and location than in current market price.
3. Is "no basement" a disadvantage?
It depends on your needs. It means zero risk of basement flooding or related maintenance, and all living space is on one level. The trade-off is a lack of traditional storage or utility space, so in-suite storage solutions will be important.
4. What should I ask about regarding condo fees?
Since the unit has no garage, inquire what the condo fees cover (e.g., exterior maintenance, groundskeeping, building insurance, reserve fund). A well-managed reserve fund is crucial for a building of this age, as major components may soon need planned replacement.
5. The street and city rankings seem excellent, but the community ranking for size is average. Why?
This indicates that while the unit is spacious compared to most Winnipeg condos, the Elmhurst neighbourhood itself likely has a mix of larger single-family homes and other spacious condos, making this unit's size more typical within its own immediate community context.
