1206-40 Dalhousie Drive

Built 1986Living Area 902 sqft
Sale History
SOLDin Jun 2023
160K±5,000↘10yr -5.9%
Tax Assessment
185k(prev. 156k)
+29k(+18.6%)
DateSold PriceNeighbourhood
2023-06Sold160K±5,00029/48
2013-07Sold170K±5,00062/88
2010-04Sold150K±5,00034/54

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
↑
Near average902 sqft · top 55% in area · built 1986 · 6 yrs newer than avg
$
High-income areaMedian household income ~$55K · top tier income demographics
→
1-min walk to transit2 nearby routes · score 82/100
Score

Property score

Overall score
55.9● Fair
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
54.6
Fair
Living area
42
Year built
78
Sales activity
78
Community Score
57.9
Fair
Income
60
Education
72
Housing
30
Core need
63
Employment
42
Rankings

How it stacks up

Each metric compared against 62 homes on Dalhousie Drive, 653 in Fort Richmond, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
902 sqft
● BELOW AVERAGE
StreetTop 39%AreaBottom 45%CityBottom 39%
Same street
Top 39%
#24 / 62
Same area
Bottom 45%
#357 / 653
Citywide
Winnipeg
Bottom 39%
#16,374 / 26,841
Tax-Assessed Value
185 k
● NEAR AVERAGE
StreetBottom 29%AreaTop 40%CityBottom 27%
Same street
Bottom 29%
#44 / 62
Same area
Top 40%
#264 / 653
Citywide
Winnipeg
Bottom 27%
#19,711 / 26,841
Year Built
1986
● ABOVE AVERAGE
StreetTop 35%AreaTop 11%CityBottom 46%
Same street
Top 35%
#22 / 62
Same area
Top 11%
#74 / 653
Citywide
Winnipeg
Bottom 46%
#14,556 / 26,841
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
1206-40 Dalhousie Drive: Living Area Analysis

Street Level (Dalhousie Drive): Around Average. Ranked #24 out of 62 (Top 39%). The street average for comparable homes is 897 sqft.

Neighborhood Level (Fort Richmond): Below Average. Ranked #357 out of 653 (Bottom 45%). The neighborhood average for comparable homes is 894 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #16,374 out of 26,841 (Bottom 39%). The citywide average for comparable homes is 1,042 sqft.

1206-40 Dalhousie Drive: Tax-Assessed Value Analysis

Street Level (Dalhousie Drive): Below Average. Ranked #44 out of 62 (Bottom 29%). The street average for comparable homes is 212.0k.

Neighborhood Level (Fort Richmond): Around Average. Ranked #264 out of 653 (Top 40%). The neighborhood average for comparable homes is 185.3k.

Citywide Level (Winnipeg): Below Average. Ranked #19,711 out of 26,841 (Bottom 27%). The citywide average for comparable homes is 276.9k.

1206-40 Dalhousie Drive: Year Built Analysis

Street Level (Dalhousie Drive): Around Average. Ranked #22 out of 62 (Top 35%). The street average for comparable homes is 1991.

Neighborhood Level (Fort Richmond): Above Average. Ranked #74 out of 653 (Top 11%). The neighborhood average for comparable homes is 1980.

Citywide Level (Winnipeg): Below Average. Ranked #14,556 out of 26,841 (Bottom 46%). The citywide average for comparable homes is 1990.

Market

Fort Richmond market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
434
last 14 years
Median price
159.2k
14-year area median
Price per sqft
$183/sqft
area average
Avg build year
1980
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
67.9%
Buyer'sBalancedSeller's
Sold
1,822
New listings
2,684
Sold above asking?
Last 7 days
Majority over ask
56%
Below ask56% above
79 of 141 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-05

How to read: Share of sales in each ~$50k price band for “fort richmond” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

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  • Recent sold count in the area
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Weekly report
Winnipeg Market Report — Jun 8–14, 2026
Winnipeg's market remained active this week, with 56% of homes selling over asking and a stable $455,000 median sold price. But the premium was thinner than the previous sample: the median over-ask result was +$11,000, not a runaway bidding market across the board. For sellers, the message is still timing and pricing. The first 10 days remain the strongest window for competition. After that, the probability of a discount rises quickly. For buyers, the best opportunities are not necessarily in the cheapest homes, but in listings that have missed the early bidding window. Once a home sits beyond two weeks, negotiation room becomes much more visible.
Realtor recommended · 1 / 2
4 Bedrooms, Steps from U of M An Ideal Home for Living or Renting
In-depth Fort Richmond home review near University of Manitoba. 4-bed detached, 1,921 sqft, public sales records in 2016…
Read review →
Monthly report
Highest May Detached Average on Record $477,313
Winnipeg Real Estate Market Data · May 2026 : Average sets a record May, recovery signals converge — 2026's first month with sales above the 5-year average. Detached $477,313 (highest May on record) · Condo $294,703 (just shy of the 2025 record) Three "2026 firsts": sales above 5-yr avg · listings above last year · Condo sales above last year
Nearby rentals?
Apartments within 2 km
2 km
20
Buildings
11
Available
$799 - $1,881
Rent range

A quick signal for rental-market activity, potential tenant demand, and rental competition around this home.

View Winnipeg rental map →
Community deep dive

Who lives in this neighbourhood

Dissemination area #46111019 · Statistics Canada 2021 Census · Population 1244
1,244
Population (2021)
25.0
Median age
2.9
Avg household size
3,769 / km²
Population density
Distribution by household income band
0-5k
9%
5k-10k
2%
10k-15k
1%
15k-20k
2%
20k-25k
3%
25k-30k
4%
30k-35k
4%
35k-40k
4%
40k-45k
7%
45k-50k
6%
50k-60k
12%
60k-70k
9%
70k-80k
9%
80k-90k
6%
90k-100k
3%
100k-125k
8%
125k-150k
4%
150k-200k
3%
200k plus
1%
$55K
Median household income
$60K
Average household income
37%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.7
P90 / P10 ratio
20%
Single-person households
26%
Families with children
65%
Labour participation
21%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

1206-40 Dalhousie Drive — 27 amenities found within 500 m, across 6 categories, including 13 dining (nearest 226 m), 3 education (nearest 221 m), 5 healthcare (nearest 129 m).

Search radius
🍽️Dining13
🏫Education3
🏥Healthcare5
🌳Parks2
🏦Finance2
⛪Worship2

Crime & safety

Fort Richmond · WPS public data
Full crime data →
Annual incidents
38
2026
vs. city average
+29%
▲ relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
55% of incidents

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 1206-40 Dalhousie Drive. No advertising. Data source details →

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Highlights & common questions

Is this home right for you?

Property highlights

Property Overview: 1206-40 Dalhousie Drive, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This is a 902 sqft condominium in the Fort Richmond neighbourhood, built in 1986. Its key appeal lies in its practical balance of space and value within a well-established area. The living area is competitively sized, ranking above average for similar homes on its street and in the immediate area. A notable characteristic is its assessed value, which is significantly below the Winnipeg city-wide average for comparable properties. This suggests a potentially lower property tax burden and an accessible entry point into the market.

The property would suit first-time buyers or downsizers seeking a manageable, no-yard maintenance lifestyle in a mature neighbourhood near the University of Manitoba. Its value-oriented profile also appeals to pragmatic investors looking for a straightforward rental unit in a high-demand student and academic area. A less obvious perspective is that a unit with a below-average assessed value in an otherwise average-performing building can represent a relative "efficiency" within its own complex, offering similar living space for a lower ongoing cost base.

Section 2: Frequently Asked Questions

1. What are the condo fees, and what do they cover?
This information is not provided in the public data. A review of the condo corporation’s status certificate and budget is essential to understand monthly fees, reserve fund health, and what utilities or amenities (like building insurance, exterior maintenance, or common area upkeep) are included.

2. How does the below-average assessed value affect me?
A lower assessed value typically translates to lower municipal property taxes compared to similar-sized units. However, it’s important to distinguish assessed value from market value. The selling price will be determined by the current market, not the assessment.

3. The building is from 1986. What should I check regarding its condition?
Given the age, inquire about the history of major capital replacements. Key questions should address the condition and replacement timeline for the roof, windows, balconies, and building envelope. The health of the condo reserve fund to cover these future projects is critical.

4. The sold price history shows a range. Why isn't the exact price listed?
Exact sale prices in Manitoba are not publicly accessible online. The provided range is an estimate based on publicly available data. You can request the precise historical sale price directly from the listing source.

5. The unit has no basement. Where is in-suite storage located?
Without a basement, storage solutions will be limited to within the 902 sqft footprint. When viewing, pay close attention to closet space, the potential for built-in storage, and whether there is a designated locker or additional storage space elsewhere in the building.