125-500 Cathcart Street

Elmhurst, Winnipeg

Property score

70.6

Good

Overall 70.6 · Newer than most nearby homes

1,124 sqft (top 47%) · 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

1% 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
1,124 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
1,124 sqft
0255075100
Same streetTop 42%Same areaTop 47%CitywideTop 34%
Same street · Cathcart Street
#25 / 60
Top 42% · Avg 1,164 sqft
Same area · Elmhurst
#70 / 148
Top 47% · Avg 1,140 sqft
Citywide · Winnipeg
#9,244 / 26,841
Top 34% · Avg 1,042 sqft

Tax-Assessed Value

around average
235k
0255075100
Same streetTop 42%Same areaBottom 48%CitywideTop 48%
Same street · Cathcart Street
#25 / 60
Top 42% · Avg 238.6k
Same area · Elmhurst
#77 / 148
Bottom 48% · Avg 274.4k
Citywide · Winnipeg
#12,894 / 26,841
Top 48% · 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

125-500 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

Sold 4/2023CA$250k–300k
Sold price

Same street

Top 14%

Same area

Top 36%

City-wide

Top 32%

Related homes

Highlights & common questions: 125-500 Cathcart Street, Winnipeg

Property Overview

This 1,124 sqft home, built in 2000, presents a compelling and efficient living option in Winnipeg's Elmhurst neighbourhood. Its standout feature is its exceptional relative standing within its immediate area. The property ranks in the top 1% of its street for size and age, and is in the top tier for its entire community, suggesting it is a well-situated and modern offering compared to its direct neighbours. While the home's assessed value is modest, a 2023 sale at $280,000 indicates strong market interest and perceived value beyond the official assessment.

Its appeal lies in offering a relatively modern, low-maintenance footprint in an established area. The absence of a basement or garage simplifies upkeep and reduces potential repair costs, which can be attractive for those seeking a straightforward property. It would suit first-time buyers looking for an entry point into a mature community, downsizers wanting to reduce maintenance responsibilities, or pragmatic investors seeking a modern rental property with a recent, clear market valuation.

Key Questions for Consideration

1. Why is there a significant difference between the assessed value and the recent sale price?
This is not uncommon and can reflect market dynamics where buyer demand outpaces municipal assessments, which may lag. The sale price represents what a buyer recently agreed it was worth, while the assessment is for taxation purposes and uses a different valuation model and timeline.

2. What does "no basement" mean for storage and utilities?
All living space and mechanical systems (like the furnace and water heater) are on the main floors. Buyers should plan for creative storage solutions and confirm where mechanicals are located, as this can affect living space layout.

3. The home ranks highly for its area but lower city-wide. What does this mean?
It highlights that this is a value-conscious neighbourhood. You are acquiring one of the newer, larger properties on the block, which may offer relative stability, but the overall area's affordability is reflected in the wider Winnipeg rankings.

4. Is the lack of a garage a major drawback?
It depends on lifestyle and priority. It reduces building costs and maintenance but requires reliance on street parking or adding a shed. In this context, it contributes to the home's simpler, lower-maintenance profile.

5. What might the high community ranking (top 0%) indicate?
Ranking above all other homes in Elmhurst for size suggests this property is an outlier in its community—likely one of the largest and newest lots or floor plans. This can be a point of long-term distinction but doesn't necessarily correlate with luxury; it signifies a premium offering within that specific, more affordable neighbourhood context.