740 Cathcart Street

Elmhurst, Winnipeg

Property score

69.7

Good

Overall 69.7 · Smaller than most nearby homes

1,056 sqft (bottom 15%) · Built in 1978 (2 yrs older than avg)

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

Transit 50.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 school, and 1 park nearby

Living Area

Below average

31% smaller 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

69.7 is composed by the two sections below.

Property Score

60.1Fair
Living Area52
1,056 sqftFair
Year Built67
1978Good
Lot Size91
7,848 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

around average
1,056 sqft
0255075100
Same streetBottom 27%Same areaBottom 15%CitywideBottom 34%
Same street · Cathcart Street
#144 / 198
Bottom 27% · Avg 1,237 sqft
Same area · Elmhurst
#1,257 / 1,480
Bottom 15% · Avg 1,523 sqft
Citywide · Winnipeg
#127,831 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

around average
402k
0255075100
Same streetBottom 49%Same areaBottom 30%CitywideTop 38%
Same street · Cathcart Street
#101 / 198
Bottom 49% · Avg 406.8k
Same area · Elmhurst
#1,040 / 1,480
Bottom 30% · Avg 460.2k
Citywide · Winnipeg
#73,515 / 194,458
Top 38% · Avg 390.1k

Year Built

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

Lot Size

above average
7,848 sqft
0255075100
Same streetTop 22%Same areaTop 28%CitywideTop 12%

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

740 Cathcart Street — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 165 m), 1 parks (nearest 281 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

740 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: 740 Cathcart Street, Winnipeg

Property Summary: 740 Cathcart Street, Winnipeg

Key Characteristics & Appeal

This is a well-established, single-storey home in Elmhurst, built in 1978. Its primary appeal lies in its generous, mature lot of nearly 7,850 square feet, which is significantly larger than most properties in Winnipeg and places it in the top 12% city-wide for land size. The home itself is a practical 1,056 sqft bungalow featuring a finished basement and an attached garage. While the living space is modest, the property’s standout value is the substantial outdoor space it offers, providing ample room for gardening, recreation, or future expansion.

The home’s strong overall value is reflected in its assessment, which surpasses two-thirds of Winnipeg properties. It suits buyers looking for a solid, no-frills home in a mature neighbourhood, where the land itself is a major asset. It would particularly appeal to those who prioritize private outdoor space over a large interior, first-time buyers seeking a manageable footprint with room to grow, or long-term investors valuing the stability and potential of a large lot in an established area. A thoughtful perspective is that this property represents a trade-off: you're choosing a very competitive lot size and location ranking over a more modern or spacious interior, making it ideal for a buyer whose vision extends beyond the current walls of the house.

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 land size ranks in the top 12% in the city, meaning it's larger than 88% of Winnipeg properties. Conversely, its living area is smaller than about 63% of city homes.

2. Is the basement included in the 1,056 sqft living area?
No, the 1,056 sqft refers to the above-ground living space. The home also has a separate, finished basement, which adds additional usable space.

3. What are the implications of a 48-year-old home?
A home of this age will likely have had major components updated over time. A thorough inspection is crucial to understand the condition and age of core systems like the roof, windows, plumbing, and electrical, which may need attention or represent future projects.

4. How does the large lot impact maintenance and costs?
The nearly 7,850 sqft lot offers great potential but also requires more upkeep than a standard yard (e.g., lawn care, landscaping). Property taxes may also be influenced by the lot's size and assessed value.

5. What is the neighbourhood of Elmhurst like?
Elmhurst is a mature, established residential community in Winnipeg. It typically offers a quiet, family-friendly atmosphere with older homes and tree-lined streets, benefiting from the convenience of nearby amenities developed over decades.