128-500 Cathcart Street

Elmhurst, Winnipeg

Property score

72.9

Good

Overall 72.9 · Larger and newer than most nearby homes

1,242 sqft (top 21%) · 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

9% 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

72.9 is composed by the two sections below.

Property Score

69.9Good
Living Area66
1,242 sqftGood
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

above average
1,242 sqft
0255075100
Same streetTop 20%Same areaTop 21%CitywideTop 23%
Same street · Cathcart Street
#12 / 60
Top 20% · Avg 1,164 sqft
Same area · Elmhurst
#31 / 148
Top 21% · Avg 1,140 sqft
Citywide · Winnipeg
#6,281 / 26,841
Top 23% · Avg 1,042 sqft

Tax-Assessed Value

around average
245k
0255075100
Same streetTop 35%Same areaTop 46%CitywideTop 44%
Same street · Cathcart Street
#21 / 60
Top 35% · Avg 238.6k
Same area · Elmhurst
#68 / 148
Top 46% · Avg 274.4k
Citywide · Winnipeg
#11,819 / 26,841
Top 44% · 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

128-500 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 7/2017CA$200k–250k
Sold price

Same street

Top 47%

Same area

Bottom 45%

City-wide

Top 48%

Related homes

Highlights & common questions: 128-500 Cathcart Street, Winnipeg

Property Overview: 128-500 Cathcart Street, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, mid-sized home built in 2000, offering a balance of modern convenience and established neighborhood character. Its primary appeal lies in its exceptional standing within the immediate community. The property ranks in the top 1% of its street and top 3% of the Elmhurst neighborhood for lot size, providing a generous sense of space. It also ranks highly for its relatively recent build year, being newer than 97% of homes in Elmhurst. With 1,242 sqft of living space, it sits comfortably above the median for the area.

The home suits practical buyers looking for a move-in-ready property in a mature neighborhood without the maintenance concerns of an older house. It’s particularly suited for first-time buyers or downsizers who prioritize a manageable footprint, a stable community setting, and a home that holds a competitive edge in terms of lot size and age within its locale. A thoughtful perspective is that while the municipal assessment is modest, the home’s superior rankings for lot size and age suggest underlying value and desirability that may not be fully reflected in the valuation, pointing to solid long-term fundamentals in its micro-market.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings show how this property compares to others in the immediate area. For example, being in the "top 1% for lot size on its street" means its lot is larger than 99% of its direct neighbors, a significant advantage for privacy and outdoor space.

2. Is the assessed value a good indicator of the listing price?
Not necessarily. The assessed value for municipal taxes is often lower than market value. This home's assessment is conservative compared to its high rankings for lot size and age, suggesting market value could be higher based on these desirable characteristics.

3. What are the implications of having no basement?
This means all living space is on ground level or above, which can be a benefit for accessibility and eliminates concerns about basement flooding or moisture. However, it also reduces potential storage or utility space that a basement would provide.

4. The home sold in 2017 for $236,000. What does that tell us?
It indicates a history of stable ownership over the past seven years. The modest increase in assessed value since that time may reflect a slower appreciation rate in this specific price segment, but it also suggests the current owner may have maintained the property well without overcapitalizing.

5. Who would this property not suit?
It may not suit buyers looking for extensive renovation projects, those requiring a garage, or families needing significantly more square footage. Its appeal is geared toward those who value a balanced, low-maintenance property in a well-established community setting.