Property score
72.9
Good
Overall 72.9 · Larger and newer than most nearby homes
1,221 sqft (top 24%) · 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
7% 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)
73
245k
$231/sqft
1996
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72.9 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
208-500 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 28% | Bottom 27% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1,221 sqft condo unit, built in 1999, is situated at 208-500 Cathcart Street in Winnipeg's Elmhurst neighbourhood. Its primary appeal lies in offering above-average space for a condo at a very accessible price point, as reflected in its municipal assessment of $249,000. The unit ranks exceptionally high for its size within its immediate community and across Winnipeg, indicating it provides more square footage than the vast majority of comparable listings. While its assessed value is modest relative to the broader market, this positions it as a practical and value-conscious option. It would suit first-time buyers seeking space without the maintenance of a house, or investors looking for a rental property with a competitive entry cost. A thoughtful perspective is that its strong rankings for size and newer age (compared to peers) suggest a well-proportioned unit in a building past its initial depreciation, potentially offering a balance of modern amenities and settled strata affairs.
Key Details & FAQs
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in the area for specific metrics. For example, ranking in the top 1% for size on its street means it is larger than 99% of other homes on Cathcart Street. High rankings in size and building age are positive indicators of space and relative modernity.
2. Why is the assessed value lower than many other homes?
The assessment reflects the property's value as a condo unit, not a detached house. Condos typically have lower valuations due to shared ownership of the building and land. The assessment being in a lower percentile is consistent with the condo property type in the broader Winnipeg market.
3. Is "no garage" a significant drawback?
This depends on lifestyle and the building's amenities. Many condo buildings offer surface or underground parking stalls instead of private garages. Prospective buyers should inquire about dedicated parking arrangements and any associated fees.
4. The building is 27 years old. What should I check?
A building of this age may have undergone major repairs or be planning for them. Review the condo corporation's reserve fund study, minutes from recent annual general meetings, and any special levies planned or recently completed to understand the financial health and maintenance status.
5. It hasn't sold since 2019. Is that a concern?
Not necessarily. Many owners hold properties for longer periods. The 2019 sale price provides a historical data point, but current market conditions and the unit's specific condition will determine its present value. It may indicate a stable building with lower unit turnover.
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