214-500 Cathcart Street

Elmhurst, Winnipeg

Property score

72.9

Good

Overall 72.9 · Larger and newer than most nearby homes

1,242 sqft (top 21%) · 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

9% 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
1,242 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
1,242 sqft
0255075100
Same streetTop 20%Same areaTop 21%CitywideTop 23%
Same street · Cathcart Street
#12 / 60
Top 20% · Avg 1,164 sqft
Same area · Elmhurst
#31 / 148
Top 21% · Avg 1,140 sqft
Citywide · Winnipeg
#6,281 / 26,841
Top 23% · Avg 1,042 sqft

Tax-Assessed Value

above average
250k
0255075100
Same streetTop 27%Same areaTop 42%CitywideTop 42%
Same street · Cathcart Street
#16 / 60
Top 27% · Avg 238.6k
Same area · Elmhurst
#62 / 148
Top 42% · Avg 274.4k
Citywide · Winnipeg
#11,406 / 26,841
Top 42% · 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

214-500 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

214-500 Cathcart Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 214-500 Cathcart Street, Winnipeg

Property Overview

This 1,242 sqft condo, built in 1999, is situated in Winnipeg's Elmhurst neighbourhood. Its primary appeal lies in offering a spacious and modern living environment within a highly established and desirable community. The property's standout feature is its exceptional competitive ranking; it places in the top 1% of homes on its street, the top 5% within Elmhurst for its newer build year, and surpasses a majority of Winnipeg homes in terms of size. This suggests a well-maintained unit in a prime location. With no basement or garage, it suits buyers seeking a low-maintenance lifestyle without extensive outdoor upkeep. It would be an ideal fit for professionals, downsizers, or first-time buyers who prioritize location, community prestige, and move-in-ready space over features like private yards or vehicle storage.

Key Considerations & FAQs

  1. What do the rankings actually mean?
    They indicate how this property compares to others in its immediate area. For example, ranking newer than 95% of homes in Elmhurst means it's a relatively modern build for the community, which often correlates with updated building systems and interiors.

  2. Is the lack of a garage a significant drawback?
    This depends on lifestyle. While it eliminates private vehicle storage and workshop space, it also reduces maintenance responsibilities and costs. The building likely offers visitor parking, making it suitable for those comfortable with street parking or who own fewer vehicles.

  3. Who is responsible for exterior maintenance and repairs?
    As a condo, the condo corporation is responsible for the building's exterior, common areas, and major structural elements. Owners pay a monthly fee for this, which provides predictable upkeep costs but less individual control over timing or materials used.

  4. The assessment value seems lower than expected given the rankings. Why?
    Municipal assessments for tax purposes don't always directly reflect market value or desirability. They are mass appraisals based on specific formulas. A lower assessment can be an advantage, resulting in relatively lower property taxes compared to similar-market-value homes.

  5. What is the community of Elmhurst like?
    Elmhurst is a mature, established neighbourhood. Its high rankings suggest it's a stable and sought-after area. Prospective buyers should visit to experience the vibe, but typically such communities offer a quiet, residential feel with well-kept properties and convenient access to local amenities.