220-500 Cathcart Street

Elmhurst, Winnipeg

Property score

76.5

Good

Overall 76.5 · Larger and newer than most nearby homes

1,403 sqft (top 5%) · 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

Above average

23% larger 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)

Sold Count

73

Median price

245k

$/sqft

$231/sqft

Avg build year

1996

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Property score

76.5 is composed by the two sections below.

Property Score

75.8Good
Living Area75
1,403 sqftGood
Year Built84
2000Excellent
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

Elite
1,403 sqft
0255075100
Same streetTop 5%Same areaTop 5%CitywideTop 13%
Same street · Cathcart Street
#3 / 60
Top 5% · Avg 1,164 sqft
Same area · Elmhurst
#7 / 148
Top 5% · Avg 1,140 sqft
Citywide · Winnipeg
#3,506 / 26,841
Top 13% · Avg 1,042 sqft

Tax-Assessed Value

Elite
280k
0255075100
Same streetTop 3%Same areaTop 22%CitywideTop 34%
Same street · Cathcart Street
#2 / 60
Top 3% · Avg 238.6k
Same area · Elmhurst
#33 / 148
Top 22% · Avg 274.4k
Citywide · Winnipeg
#9,214 / 26,841
Top 34% · Avg 256.1k

Year Built

Elite
2000
0255075100
Same streetTop 2%Same areaTop 1%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

220-500 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 8/2019CA$250k–300k
Sold price

Same street

Top 19%

Same area

Top 41%

City-wide

Top 37%

Related homes

Highlights & common questions: 220-500 Cathcart Street, Winnipeg

Property Overview

This 1,403 sqft condo, built in 2000, is located at 220-500 Cathcart Street in Winnipeg's Elmhurst neighbourhood. Its primary appeal lies in its strong competitive standing within its immediate area. The property ranks in the top 1% of its street for size and age, and in the top 3% of its community for being a relatively newer build. This suggests a well-maintained unit in a desirable building compared to its direct neighbours. The 2019 sale price of $265,000 and current assessed value of $280,000 indicate a stable market history.

It would suit a practical buyer looking for a established condo without the maintenance concerns of a house. The high rankings for size and age on its street point to a potentially better value proposition within that specific micro-location, appealing to those who prioritize space and modern systems over brand-new construction. It's a fit for someone who analyzes value through comparative data, seeing the advantage of a unit that outperforms most nearby properties on key metrics.


Key Questions for Consideration

1. What do the high rankings actually mean?
They indicate this unit is larger and newer than the vast majority of homes on its specific street and in the Elmhurst community. This is a sign of relative desirability within that localized context.

2. Why is the community assessment rank lower?
While the unit ranks highly for size and age, its assessed value rank within the broader community is lower. This can be typical for condos compared to single-family homes in the same area and may reflect the specific building's amenities, condo fees, or unit finishes.

3. What is not included that I should ask about?
The listing shows no basement, garage, or noted parking. Essential details like designated parking, storage, balcony space, condo fee amount, and what it covers are crucial next questions.

4. How significant is the 2000 build year?
Built 26 years ago, it places the building past the initial "new building" phase. This often means any major construction issues have been resolved, but it also brings it closer to the age where significant capital repairs (e.g., roofing, windows, elevators) may be planned, impacting condo fees.

5. Who manages the condo corporation, and what is its financial health?
This is the most critical question. The condition of the reserve fund, any pending special assessments, and the professionalism of the property management are key factors that will impact your cost of ownership and peace of mind far more than the unit's individual rankings.