216-500 Cathcart Street

Elmhurst, Winnipeg

Property score

67.5

Good

Overall 67.5 · Newer than most nearby homes

1,092 sqft (bottom 43%) · 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

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Property score

67.5 is composed by the two sections below.

Property Score

60.8Fair
Living Area1,092 sqft52Fair
Year Built199984Excellent
Neighbourhood Sales Activity37Low

Community Score

77.5Good
Household Income76Good
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health42Low

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
1,092 sqft
0255075100
Same streetBottom 35%Same areaBottom 43%CitywideTop 37%
Same street · Cathcart Street
#39 / 60
Bottom 35% · Avg 1,164 sqft
Same area · Elmhurst
#85 / 148
Bottom 43% · Avg 1,140 sqft
Citywide · Winnipeg
#9,997 / 26,841
Top 37% · Avg 1,042 sqft

Tax-Assessed Value

around average
220k
0255075100
Same streetBottom 22%Same areaBottom 28%CitywideBottom 46%
Same street · Cathcart Street
#47 / 60
Bottom 22% · Avg 238.6k
Same area · Elmhurst
#106 / 148
Bottom 28% · Avg 274.4k
Citywide · Winnipeg
#14,468 / 26,841
Bottom 46% · 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

216-500 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

216-500 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: 216-500 Cathcart Street, Winnipeg

Property Summary: 216-500 Cathcart Street, Winnipeg

Key Characteristics & Appeal

This is a well-situated condominium in Elmhurst, built in 1999. Its primary appeal lies in its exceptional location rankings within the broader community and city, offering a strong sense of value for the area. The unit ranks in the top 1% on its street and the top 0% within both the Elmhurst community and all of Winnipeg for its lot size, indicating a potentially favorable unit positioning or building footprint. It also ranks highly for its age, being newer than most homes nearby. With just over 1,000 square feet of living space, it suits buyers looking for a manageable, low-maintenance home without sacrificing a prime location. The very modest municipal assessment suggests a potentially accessible entry point into a desirable area. This property would likely suit first-time buyers, downsizers, or pragmatic investors seeking a competitively positioned asset in a stable neighborhood, prioritizing location over expansive square footage or luxury finishes.

Frequently Asked Questions

1. What do the "rankings" actually mean?
They are relative comparisons based on municipal data. For example, ranking in the "top 0%" for lot size in Winnipeg means this property's lot size is larger than 100% of compared properties, placing it in a very rare top position city-wide.

2. Why is the assessed value relatively low compared to the high rankings?
Municipal assessments for condominiums are often lower than market value and are based on specific formulas and comparable sales from a prior period. A lower assessment can sometimes translate to lower property taxes, which is a financial benefit for the owner.

3. Is "no basement" a disadvantage?
It depends on your needs. For some, it means less maintenance and no risk of basement flooding. For others, it reduces storage or utility space. The living area is all above ground, which some prefer.

4. What is the significance of the high ranking for the building's age?
A 1999 build is newer than many homes in mature neighborhoods. This can suggest updated building standards, potentially fewer major repairs in the near term compared to much older buildings, and a modern layout.

5. Who is responsible for exterior and structural maintenance?
As a condominium, the corporation is typically responsible for major building components, roof, exterior walls, and common areas. The owner is responsible for the interior of their unit. Reviewing the condo corporation's reserve fund and bylaws is essential to understand financial health and rules.

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