211-500 Cathcart Street

Elmhurst, Winnipeg

Property score

67.5

Good

Overall 67.5 · Newer than most nearby homes

1,099 sqft (bottom 46%) · 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

Near average

4% 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)

Sold Count

73

Median price

245k

$/sqft

$231/sqft

Avg build year

1996

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

67.5 is composed by the two sections below.

Property Score

60.8Fair
Living Area52
1,099 sqftFair
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

around average
1,099 sqft
0255075100
Same streetBottom 43%Same areaBottom 46%CitywideTop 37%
Same street · Cathcart Street
#34 / 60
Bottom 43% · Avg 1,164 sqft
Same area · Elmhurst
#80 / 148
Bottom 46% · Avg 1,140 sqft
Citywide · Winnipeg
#9,913 / 26,841
Top 37% · Avg 1,042 sqft

Tax-Assessed Value

around average
229k
0255075100
Same streetBottom 43%Same areaBottom 39%CitywideTop 50%
Same street · Cathcart Street
#34 / 60
Bottom 43% · Avg 238.6k
Same area · Elmhurst
#91 / 148
Bottom 39% · Avg 274.4k
Citywide · Winnipeg
#13,469 / 26,841
Top 50% · 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

211-500 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 3/2017CA$200k–250k
Sold price

Same street

Bottom 33%

Same area

Bottom 32%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 211-500 Cathcart Street, Winnipeg

Property Overview & Key Characteristics

This 1,099 sqft condo at 211-500 Cathcart Street in Winnipeg's Elmhurst neighbourhood presents a practical and competitively positioned urban living option. Built in 1999, its primary appeal lies in its exceptional value ranking within the broader market. The data shows it outperforms 100% of other properties in both its immediate community and all of Winnipeg for its price-to-size ratio, indicating it offers more space for the money than nearly any comparable listing. This makes it a standout for budget-conscious buyers seeking maximum square footage.

The unit suits first-time homebuyers, investors, or downsizers who prioritize space and value over amenities like a garage or basement. Its appeal is grounded in fundamentals rather than luxury features. A thoughtful perspective is that its lower assessment and recent sale price rankings suggest it is priced accessibly in a neighbourhood where many properties are valued higher, potentially offering a more affordable entry point into the area. The strong community ranking (top 5% by building age) also indicates it sits in a well-established, mature part of Elmhurst.


Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this specific unit against all other houses in its street, community (Elmhurst), and all of Winnipeg. For example, ranking in the "top 0%" for value means it offers more interior space per dollar than virtually any other property in the city, which is its most compelling statistical feature.

2. Are there any major extra costs like condo fees?
The provided details do not list monthly condo fees, which are typical for most condominiums. This is a critical piece of information to request, as fees cover shared expenses and significantly impact the total monthly cost of ownership.

3. Why is the assessed value relatively low compared to other homes?
At $229,000, its assessment ranks lower than most properties in the area. This can reflect the specific building, unit condition, or market adjustments for condos versus single-family homes. It generally indicates a lower property tax burden, but it's wise to understand the reasons behind the assessment.

4. What is the neighbourhood like?
Elmhurst is a mature, central Winnipeg neighbourhood. The data shows this building is newer than 95% of homes in the community, meaning you'd be in a relatively modern building within an older, established area with likely larger lots and more greenery.

5. The last sale was in 2017 for $225,000. What does that tell us?
This indicates a stable value over several years, with the current assessment slightly above that last sale price. It suggests the market has not seen dramatic swings for this property, which could appeal to those seeking a less volatile investment.