654 Cathcart Street

Elmhurst, Winnipeg

Property score

80.6

Excellent

Overall 80.6 · Compared with neighbourhood average

1,623 sqft (top 39%) · Built in 1978 (2 yrs older than avg)

Located in a high-income area with median household income of ~126k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Near average

7% larger than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 85%Chinese · 1%

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

80.6 is composed by the two sections below.

Property Score

78.2Good
Living Area83
1,623 sqftExcellent
Year Built67
1978Good
Lot Size88
7,061 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

84.1Excellent
Household Income91
Excellent
Education Level63
Fair
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health60
Fair

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: #46110360

Community deep dive

$126K

Median household income

$128K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

20%

Single-person households

36%

Families with children

Population, labour & age

Population (2021)386
Labour force participation rate60%
Median age46.4
Avg household size2.6
Unemployment rate7%
Population density2412 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households20%
Couple families with children36%
Median household income (2020)$126K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$408K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority7%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Chinese · 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
1,623 sqft
0255075100
Same streetTop 12%Same areaTop 39%CitywideTop 24%
Same street · Cathcart Street
#23 / 198
Top 12% · Avg 1,237 sqft
Same area · Elmhurst
#574 / 1,480
Top 39% · Avg 1,523 sqft
Citywide · Winnipeg
#47,018 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
443k
0255075100
Same streetTop 20%Same areaBottom 47%CitywideTop 30%
Same street · Cathcart Street
#39 / 198
Top 20% · Avg 406.8k
Same area · Elmhurst
#778 / 1,480
Bottom 47% · Avg 460.2k
Citywide · Winnipeg
#57,519 / 194,458
Top 30% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 22%Same areaBottom 39%CitywideTop 35%

Lot Size

above average
7,061 sqft
0255075100
Same streetBottom 49%Same areaTop 50%CitywideTop 17%

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

654 Cathcart Street — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 260 m), 1 parks (nearest 200 m).

Search radius
🏫Education1
🌳Parks1

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 7/2024CA$500k–550k
Sold price

Same street

Top 10%

Same area

Top 20%

City-wide

Top 13%

Related homes

Highlights & common questions: 654 Cathcart Street, Winnipeg

Property Overview: 654 Cathcart Street

Section 1: Key Characteristics & Appeal

This well-established two-storey home in Elmhurst presents a compelling blend of space, amenities, and location. Its key appeal lies in its generous 7,061 sqft lot and above-average 1,623 sqft living area, both ranking in the top tiers for the street and wider city. The property features a practical attached garage and the added luxury of a private swimming pool. Built in 1978, the home offers a classic layout with the potential for future expansion in its unfinished basement.

The recent sale price significantly above the assessed value suggests a competitive market recognized its desirable attributes. This home would suit buyers looking for a spacious family home on a large, private lot with recreational amenities already in place. It’s ideal for those who value room to grow, enjoy outdoor living, and appreciate a home with a proven, stable foundation in a mature neighbourhood. A thoughtful perspective: while the interior finishes may reflect its era, the large lot and solid footprint offer a blank canvas for gradual modernization, allowing new owners to add their own value over time.

Section 2: Frequently Asked Questions

1. What does the "ranking" data actually mean?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg. For example, its lot size surpasses 83% of all Winnipeg properties, indicating it is exceptionally spacious for the city.

2. The house sold for much higher than its assessed value. Why?
Municipal assessments for tax purposes often lag behind current market conditions. The strong sale price likely reflects high buyer demand for the home’s specific combination of a large lot, pool, and living space in this location.

3. Is the unfinished basement a drawback or an opportunity?
This depends on the buyer. It requires investment to finish, but it also provides significant flexible space for future customization—such as creating a recreation room, home gym, or additional bedrooms—without the constraints of a pre-existing layout.

4. What should I consider with a 48-year-old home?
While the structure is proven, a thorough inspection is crucial to understand the current condition of major systems like roofing, plumbing, electrical, and the foundation. The pool will also require specific maintenance and safety considerations.

5. How does the pool impact insurance and utility costs?
Homeowners insurance premiums may be higher due to liability, and seasonal maintenance (opening/closing, chemicals) as well as increased water and energy usage during summer months should be factored into the annual cost of ownership.