555 Cathcart Street

Elmhurst, Winnipeg

Property score

67.3

Good

Overall 67.3 · Older than most nearby homes

1,255 sqft (bottom 33%) · Built in 1930 (50 yrs older than avg)

Located in a above-average income area with median household income of ~77.5k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 place of worship nearby

Living Area

Below average

18% smaller than neighborhood avg.

Year Built

Below average

50 yrs older than neighborhood avg.

Mother tongue

English · 85%French · 2%

Past 10 years Elmhurst sales snapshot (~80% of all data)

Sold Count

438

Median price

477k

$/sqft

$391/sqft

Avg build year

1980

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Property score

67.3 is composed by the two sections below.

Property Score

60.5Fair
Living Area1,255 sqft66Good
Year Built193022Low
Lot Size12,142 sqft98Excellent
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” (Detached houses (non-condo), 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
1,255 sqft
0255075100
Same streetTop 42%Same areaBottom 33%CitywideTop 45%
Same street · Cathcart Street
#84 / 198
Top 42% · Avg 1,237 sqft
Same area · Elmhurst
#989 / 1,480
Bottom 33% · Avg 1,523 sqft
Citywide · Winnipeg
#88,047 / 194,458
Top 45% · Avg 1,342 sqft

Tax-Assessed Value

below average
294k
0255075100
Same streetBottom 1%Same areaBottom 2%CitywideBottom 28%
Same street · Cathcart Street
#198 / 198
Bottom 1% · Avg 406.8k
Same area · Elmhurst
#1,452 / 1,480
Bottom 2% · Avg 460.2k
Citywide · Winnipeg
#140,813 / 194,458
Bottom 28% · Avg 390.1k

Year Built

below average
1930
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 18%

Lot Size

Elite
12,142 sqft
0255075100
Same streetTop 1%Same areaTop 6%CitywideTop 3%

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

555 Cathcart Street — 1 amenities found within 500 m, across 1 categories.

Search radius
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

555 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: 555 Cathcart Street, Winnipeg

Property Summary: 555 Cathcart Street, Winnipeg

Key Characteristics & Appeal

This is a character-filled, one-and-a-half storey home in Elmhurst, built in 1930 and sitting on an exceptionally large, mature lot of over 12,000 square feet. Its key appeal lies in the rare combination of a central location and a private, park-like setting that is larger than 97% of properties in Winnipeg. The home itself offers 1,255 sqft of living space with a finished basement and a detached garage.

The property would best suit a buyer who values space, privacy, and established neighborhoods over a brand-new build. It’s ideal for someone with a vision—perhaps a gardener, a family seeking room for children or pets to play, or a buyer planning a future expansion or renovation who is secured by the outstanding lot size. The rankings indicate a home with a premium asset (the land) but a structure that is dated and modest in size for the area, suggesting potential for the right owner to increase its value significantly. It’s less suited for those seeking modern, low-maintenance living or who are constrained by a strict renovation budget.

Frequently Asked Questions

1. What does the "one-and-a-half storey" design mean?
This typically refers to a home where the second level has sloped ceilings (following the roof line) and potentially dormer windows, creating cozy, character-filled bedrooms or living spaces that are distinct from a full two-storey layout.

2. The land is highly ranked, but the house itself and its assessed value rank lower. What does this indicate?
This pattern strongly suggests that the primary value of this property is in the land itself. The market is recognizing the lot as a premium, scarce asset, while the 1930-built home is likely seen as functional but dated, presenting a clear opportunity to increase the overall property value through updates or expansion.

3. Is the finished basement included in the 1,255 sqft living area?
No, the living area (1,255 sqft) typically refers to above-grade, heated space. The finished basement is an additional area that adds functional living space, such as for a family room, office, or extra bedrooms.

4. What are the implications of a "detached" or "split" garage?
A detached garage offers flexibility—it could be used as a workshop or studio without disrupting the main house. The main consideration is convenience, as you will need to go outside to access your vehicle, which can be a factor during Winnipeg winters.

5. The home is nearly 100 years old. What should I prioritize in an inspection?
Beyond standard systems, an inspection for a home of this age should pay special attention to the foundation, the condition of the original wiring and plumbing, roof structure and lifespan, and evidence of proper insulation and moisture control, especially in the basement and the finished lower level.

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