Property score
67.5
Good
Overall 67.5 · Smaller but newer than most nearby homes
1,062 sqft (bottom 22%) · 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
Below average
7% smaller 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)
73
245k
$231/sqft
1996
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67.5 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
203-500 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 8% | Bottom 14% | Bottom 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This condominium at 203-500 Cathcart Street in Winnipeg's Elmhurst neighborhood presents a practical urban living option. Built in 1999, its primary appeal lies in its exceptional value position within a well-established area. The standout feature is its competitive pricing, with an assessed value significantly below the area average, making it one of the most accessible entry points into homeownership in the broader Winnipeg market. The 1,062 sqft layout offers a comfortable footprint for a condo.
Its strength is not in luxury finishes or size, but in solid fundamentals and location efficiency. It suits first-time buyers seeking to build equity without a steep initial investment, downsizers looking for a low-maintenance lifestyle in a mature neighborhood, or pragmatic investors attracted by the high rental demand for well-priced units. The condo's rankings reveal a thoughtful perspective: while its size and assessed value are modest relative to its immediate surroundings, the building itself is newer than most in the wider community, suggesting a potentially more modern building structure within an older, settled area.
Frequently Asked Questions
1. What are the monthly condo fees, and what do they cover?
This is the most critical financial question for any condo purchase. The listing does not specify the amount, but obtaining this detail is essential to understand your true monthly carrying costs, which include building insurance, reserve fund contributions, and common area maintenance.
2. How is the financial health of the condominium corporation?
Before making an offer, review the corporation's status certificate, reserve fund study, and recent minutes. This reveals if there are sufficient savings for major repairs, any pending special assessments, or ongoing disputes that could affect fees and livability.
3. What specific amenities does the building offer?
The listing notes there is no pool or garage. It's important to confirm what common elements exist, such as laundry facilities, a guest suite, or outdoor space, and the condition of shared areas like lobbies and hallways.
4. What is the parking situation?
With no private garage, determine if the unit includes a dedicated surface parking spot, if parking is in a shared lot, or if it's strictly street parking. This significantly impacts daily convenience, especially in winter.
5. Why is the assessed value notably lower than many area properties?
While this indicates a lower property tax bill, it's wise to understand the reasons. It may reflect the unit's specific characteristics, recent comparable sales in the building, or the overall valuation approach for condos versus single-family homes in the area.
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