15 Loyola Bay

Fort Richmond, Winnipeg

Property score

61.6

Fair

Overall 61.6 · Smaller than most nearby homes

1,022 sqft (bottom 15%) · Built in 1969 (3 yrs older than avg)

Located in a average-income area with median household income of ~58k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 8 dining spots, 2 schools, 2 healthcare facilitys, and 2 shops nearby

Living Area

Below average

28% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 42%Chinese · 14%

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

Sold Count

1,068

Median price

445k

$/sqft

$351/sqft

Avg build year

1972

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Property score

61.6 is composed by the two sections below.

Property Score

58.2Fair
Living Area1,022 sqft52Fair
Year Built196952Fair
Lot Size6,598 sqft85Excellent
Neighbourhood Sales Activity78Good

Community Score

66.7Good
Household Income62Fair
Education Level91Excellent
Housing Stress52Fair
Core Housing Need63Fair
Employment Health60Fair

Neighbourhood Sales

Fort Richmond

How to read: Share of sales in each ~$50k price band for “fort richmond” (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: #46110945

Community deep dive

$58K

Median household income

$68K

Average household income

30%

Low income (LIM-AT)

0.3

Income inequality (Gini)

6.8

P90 / P10 ratio

22%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)919
Labour force participation rate60%
Median age28.4
Avg household size2.7
Unemployment rate7%
Population density5105 / km²

Households & income

Low income (LIM-AT, % pop.)30%
Single-person households22%
Couple families with children27%
Median household income (2020)$58K

Housing

Renter households50%
Condominium dwellings23%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)54%
Visible minority75%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 42%
Mother tongue (2nd)Chinese · 13%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,022 sqft
0255075100
Same streetTop 16%Same areaBottom 15%CitywideBottom 28%
Same street · Loyola Bay
#5 / 32
Top 16% · Avg 978 sqft
Same area · Fort Richmond
#2,240 / 2,629
Bottom 15% · Avg 1,421 sqft
Citywide · Winnipeg
#139,391 / 194,458
Bottom 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
373k
0255075100
Same streetTop 47%Same areaBottom 18%CitywideTop 46%
Same street · Loyola Bay
#15 / 32
Top 47% · Avg 372.8k
Same area · Fort Richmond
#2,167 / 2,629
Bottom 18% · Avg 435.7k
Citywide · Winnipeg
#89,463 / 194,458
Top 46% · Avg 390.1k

Year Built

above average
1969
0255075100
Same streetTop 19%Same areaBottom 39%CitywideTop 49%

Lot Size

above average
6,598 sqft
0255075100
Same streetTop 28%Same areaBottom 46%CitywideTop 21%

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

15 Loyola Bay — 20 amenities found within 500 m, across 8 categories, including 8 dining (nearest 444 m), 2 education (nearest 204 m), 2 healthcare (nearest 455 m).

Search radius
🍽️Dining8
🏫Education2
🏥Healthcare2
🛒Shopping2
🌳Parks2
💪Sports1
🏦Finance2
Worship1

Crime & Safety

Fort Richmond · WPS public data · 2026

Annual incidents

38

2026

vs. city avg

+29%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

55%

Sales History

Sold 4/2023CA$400k–450k
Sold price

Same street

Top 5%

Same area

Top 35%

City-wide

Top 32%
Sold 7/2020CA$300k–350k
Sold price

Same street

Top 37%

Same area

Bottom 26%

City-wide

Top 49%

Related homes

Highlights & common questions: 15 Loyola Bay, Winnipeg

Property Overview

15 Loyola Bay is a well-situated one-storey home in Fort Richmond, built in 1969. It features 1,022 sqft of living space, a renovated basement, and a detached garage on a generous 6,598 sqft lot. Its recent sale history and current assessed value position it as an accessible entry point into the Winnipeg market.

Key Characteristics & Appeal

This home’s primary appeal lies in its balance of space, location, and value. The renovated basement adds functional living area, while the large lot offers privacy and outdoor potential uncommon in many city properties. It stands out on its street for its above-average living area and land size compared to immediate neighbours.

The property suits first-time buyers or downsizers seeking a manageable single-level layout in an established neighbourhood. Its value proposition is clear: you acquire a larger-than-typical lot for the area and a home with updated fundamentals (the basement), without the premium price of a fully modernized showhome. A thoughtful perspective is that while the home is below the neighbourhood average in size and value, it outperforms on its specific street—suggesting a more intimate, consistent streetscape. It represents a solid foundation for someone willing to make gradual updates while enjoying immediate livability and outdoor space.

Frequently Asked Questions

1. How does the property’s value compare to the area?
The home’s assessed value is below the average for Fort Richmond but is around the average for its immediate street and city-wide. This suggests it is priced appropriately within its micro-location, potentially offering more value relative to its direct neighbours.

2. What is the significance of the renovated basement?
A renovated basement adds immediate functional living space without the need for a major project. It’s a key feature that enhances the home’s usable square footage, which is already above average for houses on Loyola Bay.

3. Who would this property best suit?
It is an ideal fit for first-time homeowners or those looking to downsize into a single-storey layout. The detached garage and large lot also appeal to buyers who value workshop space, gardening, or simply more outdoor privacy.

4. The home was built in 1969. What should I consider?
While the basement has been renovated, a home of this age will likely have original core components (like windows, roof, or major systems) that may need attention or future updating. A thorough inspection is advised to prioritize any maintenance.

5. How stable is the property’s value based on its history?
Recent sale data shows steady appreciation. The sale in 2023 was at a higher price point than the 2020 sale, indicating a stable or increasing value trend in its local market context.

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