Property score
74.9
Good
Overall 74.9 · Larger and newer than most nearby homes
1,358 sqft (top 9%) · 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
19% 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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74.9 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
212-500 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 | Top 11% | Top 34% | Top 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This condominium at 212-500 Cathcart Street is a well-positioned unit in Winnipeg's Elmhurst neighbourhood. Built in 1999, its primary appeal lies in its established yet modern building age and its exceptional relative standing within its immediate area. The 1,358 sqft unit ranks in the top tier for size and newness compared to most other homes on its street and in the broader community. A recent sale in August 2023 at $285,000 provides clear, current market context.
The property would suit a practical buyer looking for a spacious, low-maintenance condo lifestyle without the premium of a brand-new build. It’s ideal for someone who values a strong positional ranking within a neighbourhood over a top-tier city-wide assessment value. The lack of a basement or garage suggests it appeals to those seeking simplicity, possibly downsizers or first-time buyers prioritizing interior space and location over additional storage or private parking.
Frequently Asked Questions
1. What do the ranking percentages actually mean for a buyer?
They show how this unit compares to nearby properties. For example, ranking "better than 99% of homes on its street" for lot area indicates it's among the very largest units on Cathcart, which is a significant locational advantage within its micro-market.
2. The assessment value seems lower than the recent sale price. Why is that?
Municipal assessments for tax purposes often lag behind current market values and use a different valuation model. The 2023 sale price of $285,000 is a more accurate reflection of its recent market worth than the $272,000 assessment.
3. Who is this property not well-suited for?
It would not suit buyers who require private outdoor space, a garage for vehicle or hobby storage, or those seeking a brand-new construction with the latest modern finishes and warranties.
4. The community ranking is higher than the city-wide ranking. What does that indicate?
This pattern suggests the Elmhurst neighbourhood itself is a competitive area with many desirable properties. The unit performs exceptionally well within its local context, even if its metrics are more moderate when compared to all properties across Winnipeg's diverse market.
5. Is the lack of a basement a major drawback?
It depends on lifestyle. It eliminates potential for a rental suite or extensive storage but also means no maintenance, moisture concerns, or renovation costs for below-grade space. All living area is on the main floors.
