126-500 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

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

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
232k
0255075100
Same streetTop 50%Same areaBottom 43%CitywideTop 49%
Same street · Cathcart Street
#30 / 60
Top 50% · Avg 238.6k
Same area · Elmhurst
#85 / 148
Bottom 43% · Avg 274.4k
Citywide · Winnipeg
#13,192 / 26,841
Top 49% · 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

126-500 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 12/2017CA$200k–250k
Sold price

Same street

Top 36%

Same area

Top 49%

City-wide

Top 47%

Related homes

Highlights & common questions: 126-500 Cathcart Street, Winnipeg

Property Overview: 126-500 Cathcart Street, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, 1,115 sqft home built in 2000, located in the Elmhurst neighbourhood. Its primary appeal lies in its exceptional relative standing within its immediate area. The property ranks in the top 1% of its street and the top 3% of its community for lot size, indicating a more spacious setting than nearly all its neighbours. It also ranks highly for its modern build year, being newer than 97% of homes in Elmhurst.

The 2024 municipal assessment is $232,000, with a previous sale recorded at $240,000 in December 2017. The home has no basement, garage, or swimming pool. It suits buyers looking for a modern, ground-level living space in a mature neighbourhood, who prioritize a highly ranked lot size and newer construction over extensive square footage or additional structures like garages. It represents a practical, low-maintenance option with a strong positional value in its local market.


Frequently Asked Questions

1. What does the "top 1% for lot size" ranking actually mean?
It means this property's land area is larger than 99% of other homes on Cathcart Street. In a mature neighbourhood, this suggests a more generous yard or setback than is typical, offering a greater sense of space and privacy.

2. The home has no basement or garage. How does this impact living and storage?
This means all living space is on the main floor, which can be ideal for accessibility. However, it requires creative solutions for storage, utilities, and mechanical systems. Buyers should consider the cost and feasibility of adding a shed or external storage.

3. The assessment value is below the 2017 sale price. Should I be concerned?
Not necessarily. Municipal assessments for tax purposes don't always align perfectly with current market value. It does, however, suggest the property is in a lower price tier for the city, which can mean more affordable property taxes.

4. Who would this property be a good fit for?
It's well-suited for first-time buyers, downsizers, or investors seeking a modern, low-maintenance property in a stable neighbourhood. Its high rankings for lot size and age are strong points for someone valuing those specific characteristics over maximum interior space.

5. What are the less obvious things to consider?
The high rankings for lot size and build year are significant advantages. However, the interior square footage is average or below average for the area. The trade-off is clear: you're getting a premium lot and a newer home, but not the largest house on it. Focus on whether the layout and finished space meet your needs.