Property score
65.0
Good
Overall 65.0 · Smaller and older than most nearby homes
1,077 sqft (bottom 17%) · Built in 1970 (10 yrs older 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 park nearby
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Below average
29% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Below average
10 yrs older than neighborhood avg.
Mother tongue
English · 85%French · 2%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
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65.0 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
586 Cathcart Street — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 461 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 29% | ਹੇਠਲੇ 18% | ਟਾਪ 47% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview: 586 Cathcart Street
This well-situated one-storey home in Elmhurst presents a practical opportunity in Winnipeg's market. Its primary appeal lies in the combination of a large, 7,197 sqft lot and a fully finished basement, offering significant space and potential relative to its footprint. The 1970 build has been maintained, with a recent 2022 sale indicating active market history. The property's standout metric is its land size, which ranks within the top 15% of all Winnipeg properties, a rare find that provides ample outdoor space and future possibilities. It suits buyers looking for a solid, no-frills bungalow with room to grow, whether that means gardening, expansion, or simply having a generous yard. It's particularly suited for those who value space over a modern build, as the home itself is average in size and age for its area but sits on a plot that is well above average. The finished basement adds immediate functional living space, making it a pragmatic choice for small families, first-time buyers seeking a long-term hold, or investors attracted by the substantial lot value.
Frequently Asked Questions
1. How does the lot size actually benefit a buyer?
Beyond simple outdoor space, a lot of this scale (ranking in the top 15% city-wide) offers uncommon flexibility. It provides privacy from neighbors, room for additions like a garage or workshop, and is a long-term asset as larger lots become increasingly scarce in established neighborhoods.
2. The home is older—what should I be prepared for?
Built in 1970, it ranks as older than most in its immediate area. Buyers should budget for updates to major aging components like the roof, windows, or HVAC systems. A thorough inspection is key, but the recent sale activity suggests the home has been maintained in livable condition.
3. What do the "rankings" for price and value mean?
The assessment and recent sale price rank higher city-wide (top 45-55%) than they do in the local neighborhood (top 20-40%). This suggests the property may offer better value within the broader Winnipeg market compared to its more immediate Elmhurst area, possibly due to that large lot.
4. Is the finished basement a legal suite?
The description states only that the basement is finished. There is no indication it is a legal, rentable secondary suite. A buyer would need to verify its configuration, ceiling height, egress, and permits to determine if it could be legalized for rental income.
5. Who is this property not ideally suited for?
It may not suit buyers seeking a modern, turn-key home without renovation projects, or those who prioritize a premium interior over outdoor space. Its value is anchored in the land and basement space, not in high-end finishes or a new build.
