Property score
70.6
Good
Overall 70.6 · Newer than most nearby homes
1,115 sqft (top 49%) · Built in 2000 (4 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
2% smaller than neighborhood avg.
Year Built
Above average
4 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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70.6 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
218-500 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 | Bottom 11% | Bottom 15% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 218-500 Cathcart Street, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, modern condo unit in the Elmhurst neighbourhood, built in 2000. Its primary appeal lies in its exceptional relative standing within its immediate area. The property ranks in the top 1% of its street and the top 3% of its community for being a newer build, suggesting it is among the most contemporary homes in the locale. With 1,115 sqft of living space, it offers a comfortable footprint that is middle-of-the-road for the area, suitable for a small family, couple, or individual seeking space without excessive upkeep.
The standout perspective is its value-positioning. While its assessed value is on the lower end compared to neighbours, this creates a potential opportunity for buyers seeking an entry into a desirable, established community with a newer building, without the premium price tag of the area's highest-valued homes. It would particularly suit pragmatic, value-conscious buyers who prioritize a modern building foundation and community ranking over maximum square footage or luxury finishes. The lack of a basement or garage points to a lock-and-leave lifestyle with lower maintenance responsibilities.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in the direct area. For example, ranking in the top 1% for age on its street means it is newer than 99% of the homes on Cathcart Street, a significant advantage for maintenance and systems.
2. The assessed value seems low relative to the community. Is this a concern?
Not necessarily. Assessment values are for municipal tax purposes and can lag behind market trends. The 2019 sale price was also below community averages, indicating this may be a consistently more affordable option within Elmhurst, which could mean a lower entry point and potentially lower property taxes.
3. Who is this property best suited for?
It's ideal for first-time buyers, downsizers, or investors seeking a modern, low-maintenance condo in a mature neighbourhood. The rankings suggest you get a newer property in a well-regarded area without paying for the community's highest-priced features.
4. What are the main trade-offs for the price and rankings?
You are trading space and features like a garage or basement for the advantage of a newer building and strong community standing. The living area is average, and the lack of a garage is a consideration for vehicle storage or workshop space.
5. How stable has the property's value been?
Based on the provided data, it sold for $205,000 in 2019 and now carries a $230,000 assessed value. This indicates modest growth in the assessed value over a five-year period, but a current market evaluation would be needed to determine the present market value.
