227-500 Cathcart Street

Elmhurst, Winnipeg

Property score

70.6

Good

Overall 70.6 · Newer than most nearby homes

1,124 sqft (top 47%) · 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

1% 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)

Sold Count

73

Median price

245k

$/sqft

$231/sqft

Avg build year

1996

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Property score

70.6 is composed by the two sections below.

Property Score

66.0Good
Living Area1,124 sqft60Fair
Year Built200084Excellent
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
1,124 sqft
0255075100
Same streetTop 42%Same areaTop 47%CitywideTop 34%
Same street · Cathcart Street
#25 / 60
Top 42% · Avg 1,164 sqft
Same area · Elmhurst
#70 / 148
Top 47% · Avg 1,140 sqft
Citywide · Winnipeg
#9,244 / 26,841
Top 34% · Avg 1,042 sqft

Tax-Assessed Value

around average
236k
0255075100
Same streetTop 40%Same areaBottom 49%CitywideTop 48%
Same street · Cathcart Street
#24 / 60
Top 40% · Avg 238.6k
Same area · Elmhurst
#75 / 148
Bottom 49% · Avg 274.4k
Citywide · Winnipeg
#12,763 / 26,841
Top 48% · 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

227-500 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

227-500 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: 227-500 Cathcart Street, Winnipeg

Property Summary for 227-500 Cathcart Street, Winnipeg

Key Characteristics & Appeal

This is a well-maintained condo unit in the Elmhurst area, built in 2000. Its primary appeal lies in its exceptional relative standing within its immediate surroundings. The property ranks in the top 1% of its street and top 3% of its neighborhood for its modern build year, indicating it is a newer construction compared to most nearby homes. With just over 1,100 square feet of living space, it offers practical, mid-sized condo living.

The unit would particularly suit first-time buyers or downsizers seeking a low-maintenance lifestyle without the responsibilities of a yard or exterior upkeep. Its strong rankings suggest a desirable and stable building within a mature community. A thoughtful perspective for a buyer is to consider the value beyond the square footage; the high percentile rankings for age and location point to intangible benefits like building integrity and neighborhood appeal that may not be fully captured by the assessed value alone. The lack of a garage or basement is a trade-off for the simplicity of condo living, making it ideal for those prioritizing ease over storage or workshop space.

Frequently Asked Questions

1. What do the percentile rankings actually mean?
They show how this property compares to others in the area. For example, ranking in the top 1% for build year on its street means it is newer than 99% of the other homes on Cathcart Street.

2. Why is the assessed value ranking lower than the rankings for age and size?
Property assessments are based on many factors, including recent sales. A lower ranking in value compared to its physical characteristics could indicate a potentially attractive entry point relative to similar, newer properties in the area.

3. What is included in the condo fees, and what are the rules?
This information is not provided in the public listing. A buyer must review the condo corporation's status certificate, which details monthly fee inclusions, reserve fund health, and bylaws (e.g., pet policies, rental restrictions).

4. Is the "no basement" a significant drawback?
It depends on your needs. It eliminates storage or renovation potential found in some townhouse-style condos, but also means no maintenance concerns like moisture or flooding, aligning with a true lock-and-leave lifestyle.

5. The street ranking is very high, but the community ranking for size is lower. Why?
This suggests Cathcart Street may have many older, smaller homes, making this unit stand out. The broader Elmhurst community likely includes a wider variety of larger single-family homes, which is why the unit's size ranking is more average in that larger comparison.

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