230-500 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 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

9% 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

72.9 is composed by the two sections below.

Property Score

69.9Good
Living Area66
1,242 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

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

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

230-500 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

230-500 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: 230-500 Cathcart Street, Winnipeg

Property Overview

This condominium at 230-500 Cathcart Street in Elmhurst presents a practical and competitively positioned urban living option. Built in 2000, its primary appeal lies in offering modern, low-maintenance living in a well-established neighborhood. The 1,242 sqft unit is notably spacious for a condo, ranking above average for its size both within the immediate area and across Winnipeg. Its standout feature is its exceptional positional ranking; it sits in the top 1% of properties on its street and the top 3% within the broader Elmhurst community for desirability, suggesting a very well-regarded location. With no basement or garage, it caters to those seeking a simpler footprint. The current assessed value positions it as a more accessible entry point into the market.

This property would suit first-time buyers or downsizers looking for a turnkey home without yard work, who prioritize location and interior space over private outdoor features. It also appeals to value-focused investors or buyers who understand that a high locational ranking can be a more stable asset than a newer build in a less established area.


Frequently Asked Questions

1. What does the high "ranking" actually mean?
The rankings compare this property against others on the same street, in Elmhurst, and across all of Winnipeg for key metrics. Its top 1% street ranking and top 3% community ranking for "desirability" are strong indicators that this specific location within Elmhurst is among the most preferred, likely due to factors like proximity to amenities, tranquility, or streetscape.

2. Is the lack of a basement or garage a significant drawback?
This depends on lifestyle. It means very low maintenance and no stairs, which is a plus for many. However, it requires efficient use of the in-suite 1,242 sqft for storage and means all vehicles use surface parking or a potential shared lot.

3. The build year is 2000. What should I be aware of?
A 24-year-old building is past its initial warranty period. A careful review of the condominium corporation's reserve fund study and minutes is essential to understand the financial health of the building and if any major repairs (e.g., roofing, windows, balconies) are planned or underway.

4. How does the assessment value relate to the listing price?
The assessment value is for municipal tax purposes and is not the market price. That it ranks lower (78th percentile in Winnipeg) than the property's physical rankings suggests the market may value this home higher than its assessed value, but the final price will be determined by current market conditions.

5. What is the condo fee, and what does it cover?
This information is not provided in the basic details. You must obtain the condo corporation's financial statements and bylaws. The fee will impact your total monthly cost and should cover building insurance, common area maintenance, reserve fund contributions, and possibly some utilities.