209-500 Cathcart Street

Elmhurst, Winnipeg

Property score

72.9

Good

Overall 72.9 · Larger and newer than most nearby homes

1,249 sqft (top 20%) · 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

10% 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

72.9 is composed by the two sections below.

Property Score

69.9Good
Living Area66
1,249 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
1,249 sqft
0255075100
Same streetTop 17%Same areaTop 20%CitywideTop 23%
Same street · Cathcart Street
#10 / 60
Top 17% · Avg 1,164 sqft
Same area · Elmhurst
#29 / 148
Top 20% · Avg 1,140 sqft
Citywide · Winnipeg
#6,116 / 26,841
Top 23% · Avg 1,042 sqft

Tax-Assessed Value

above average
254k
0255075100
Same streetTop 23%Same areaTop 41%CitywideTop 41%
Same street · Cathcart Street
#14 / 60
Top 23% · Avg 238.6k
Same area · Elmhurst
#60 / 148
Top 41% · Avg 274.4k
Citywide · Winnipeg
#11,108 / 26,841
Top 41% · 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

209-500 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 6/2021CA$200k–250k
Sold price

Same street

Bottom 44%

Same area

Bottom 40%

City-wide

Bottom 49%

Related homes

Highlights & common questions: 209-500 Cathcart Street, Winnipeg

Property Overview: 209-500 Cathcart Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-maintained, 1,249 sqft condo unit in the Elmhurst neighbourhood, built in 1999. Its primary appeal lies in its exceptional relative rankings within its immediate area. The property ranks in the top 1% of its street and top 0% of its community for lot size, indicating a spacious and potentially premium building footprint or layout compared to nearly all nearby homes. It also ranks highly for its age, being newer than 95% of homes in Elmhurst.

The unit suits practical buyers looking for a move-in-ready space in a mature, established neighbourhood. It’s ideal for professionals, downsizers, or first-time buyers who prioritize a sense of value derived from superior standing within a specific locale over a brand-new build. The 2021 sale history provides a clear recent benchmark for value. A thoughtful perspective is that these strong rankings suggest a building or complex that has aged well and remains desirable in its micro-market, offering a form of stability that isn't always apparent from raw data alone.

Section 2: Frequently Asked Questions

1. What do the "rankings" actually mean?
They are relative performance indicators. For example, ranking in the top 1% for lot size on its street means this property's lot/building footprint is larger than 99% of the 198 comparable properties on Cathcart Street, suggesting a spacious setting.

2. Why is the assessed value higher than the 2021 sale price?
This is common. The 2021 sale reflects the market at that time, while the assessment is a municipal valuation for tax purposes, often calculated using older data and mass appraisal techniques. The two figures are related but serve different purposes.

3. Is there a garage or basement?
According to the listed basics, this property has no garage and no basement. Storage and parking would be limited to what the condo complex provides.

4. Who would this property not suit?
It may not suit buyers requiring extensive private outdoor space, a garage, or a brand-new build. The rankings indicate value within its peer group, but the overall assessed value suggests it's a more affordable option in the broader Winnipeg market.

5. The community ranking for "Living Area" is lower—is the unit small?
At 1,249 sqft, it's larger than 57% of all Winnipeg homes, so it's not small. The lower community ranking (top 63%) simply means that within the specific Elmhurst area, there are many homes with even larger square footage, which is typical of established neighbourhoods with diverse housing stock.