127-500 Cathcart Street

Elmhurst, Winnipeg

Property score

74.9

Good

Overall 74.9 · Larger and newer than most nearby homes

1,358 sqft (top 9%) · Built in 1999 (3 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

19% larger than neighborhood avg.

Year Built

Above average

3 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 Area71
1,358 sqftGood
Year Built84
1999Excellent
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

above average
1,358 sqft
0255075100
Same streetTop 10%Same areaTop 9%CitywideTop 16%
Same street · Cathcart Street
#6 / 60
Top 10% · Avg 1,164 sqft
Same area · Elmhurst
#14 / 148
Top 9% · Avg 1,140 sqft
Citywide · Winnipeg
#4,244 / 26,841
Top 16% · Avg 1,042 sqft

Tax-Assessed Value

above average
263k
0255075100
Same streetTop 20%Same areaTop 30%CitywideTop 39%
Same street · Cathcart Street
#12 / 60
Top 20% · Avg 238.6k
Same area · Elmhurst
#44 / 148
Top 30% · Avg 274.4k
Citywide · Winnipeg
#10,478 / 26,841
Top 39% · Avg 256.1k

Year Built

above average
1999
0255075100
Same streetBottom 48%Same areaTop 21%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

127-500 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

127-500 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: 127-500 Cathcart Street, Winnipeg

Property Overview: 127-500 Cathcart Street, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, 1,358 sqft home built in 1999, situated in the Elmhurst neighbourhood. Its primary appeal lies in its exceptional relative standing within the local market. The property ranks in the top 1% of its street and the top 5% of its community for building age, indicating it is notably newer than most surrounding homes. It also offers above-average living space for its immediate area. While its municipal assessment is modest, this creates a potential value opportunity for buyers compared to newer or larger homes.

The home would suit practical, value-conscious buyers—such as first-time homeowners, downsizers, or investors—who prioritize a move-in ready property in an established area. Its strong rankings suggest a home that likely requires less immediate upkeep than older peers, offering a balance of modern convenience and neighbourhood maturity. The lack of a basement or garage points to a simpler, low-maintenance lifestyle, which can be a benefit for those seeking ease over extensive storage or expansion potential.

Frequently Asked Questions

1. What do the ranking percentages actually mean?
They show how this property compares to others in specific geographic tiers. For example, ranking in the "top 1%" for age on its street means it is newer than 99% of houses on Cathcart Street, a sign of relatively modern construction in that context.

2. The assessment value seems low given the other rankings. Why?
Municipal assessments for tax purposes often lag behind market values and consider different factors. A lower assessment relative to its high rankings for age and size could indicate a favourable tax position or a perceived value opportunity, but it's essential to verify with a current market evaluation.

3. Who might not be suited for this property?
Buyers requiring significant storage, a workshop, or who envision a future basement suite would find the lack of a basement or garage a major limitation. It's best for those comfortable with the storage space within the 1,358 sqft footprint.

4. How significant is the "1999" build year?
A home built in 1999 is past its initial warranty period but is still considered modern in many established neighbourhoods. Key components like the roof, windows, and major systems may be nearing or entering their typical replacement windows, so a thorough inspection is advised.

5. The community ranking for size is near the middle (47%). What does this imply?
It means the home's square footage is very typical for Elmhurst. You are not getting an unusually large or small home for this specific area, which can be positive for neighbourhood consistency and resale.