15 Magdalene Bay

Fort Richmond, Winnipeg

Property score

53.5

Fair

Overall 53.5 · Smaller than most nearby homes

804 sqft (bottom 3%) · Built in 1972

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

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 23 dining spots, 2 schools, 3 healthcare facilitys, and 4 shops nearby

Living Area

Below average

43% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer 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

53.5 is composed by the two sections below.

Property Score

44.7Low
Living Area804 sqft32Low
Year Built197258Fair
Lot Size5,496 sqft67Good
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

below average
804 sqft
0255075100
Same streetBottom 10%Same areaBottom 3%CitywideBottom 9%
Same street · Magdalene Bay
#35 / 39
Bottom 10% · Avg 1,061 sqft
Same area · Fort Richmond
#2,548 / 2,629
Bottom 3% · Avg 1,421 sqft
Citywide · Winnipeg
#176,265 / 194,458
Bottom 9% · Avg 1,342 sqft

Tax-Assessed Value

around average
326k
0255075100
Same streetBottom 21%Same areaBottom 4%CitywideBottom 38%
Same street · Magdalene Bay
#31 / 39
Bottom 21% · Avg 370.1k
Same area · Fort Richmond
#2,533 / 2,629
Bottom 4% · Avg 435.7k
Citywide · Winnipeg
#121,390 / 194,458
Bottom 38% · Avg 390.1k

Year Built

above average
1972
0255075100
Same streetTop 10%Same areaTop 41%CitywideTop 45%

Lot Size

around average
5,496 sqft
0255075100
Same streetBottom 31%Same areaBottom 10%CitywideTop 44%

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 Magdalene Bay — 41 amenities found within 500 m, across 8 categories, including 23 dining (nearest 258 m), 2 education (nearest 195 m), 3 healthcare (nearest 306 m).

Search radius
🍽️Dining23
🏫Education2
🏥Healthcare3
🛒Shopping4
💪Sports1
🏦Finance6
Worship1
🏛️Government1

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 10/2021CA$300k–350k
Sold price

Same street

Bottom 41%

Same area

Bottom 25%

City-wide

Top 49%

Related homes

Highlights & common questions: 15 Magdalene Bay, Winnipeg

Property Overview: 15 Magdalene Bay, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This 1972 bi-level home at 15 Magdalene Bay presents a practical and affordable entry point into Winnipeg’s Fort Richmond neighborhood. With 804 square feet of living space and a renovated basement, it offers a compact, low-maintenance footprint on a standard 5,496 sqft lot. The home lacks a garage or pool, emphasizing its straightforward, value-oriented nature.

Its primary appeal lies in its accessibility. The assessed value is notably below average for the immediate street and neighborhood, positioning it as one of the more affordable options in the area. This is a home for those prioritizing location and lot ownership over square footage. It would suit first-time buyers, downsizers, or investors seeking a rental property in a well-established community. A thoughtful perspective is that while the living area is modest, the renovated basement adds functional space, and the home’s age is actually above average for its specific street, suggesting it may be among the better-maintained or updated houses in this particular row.


Frequently Asked Questions

1. How does the size of this home compare to others?
At 804 sqft, the living area is below the average for both Fort Richmond and the city overall. It’s a compact home, making efficient use of space, particularly with the finished basement.

2. Is the assessed value a good indicator of the selling price?
The assessed value is a municipal figure for tax purposes. The last recorded sale was in late 2021. Market conditions and property updates since then mean a current listing price could differ significantly.

3. What does "Top 10%" for Year Built on its street mean?
This statistic indicates that, on Magdalene Bay itself, this 1972 home is newer than about 90% of its direct neighbors. This can sometimes correlate with newer systems or updates compared to other homes on the block.

4. What are the implications of not having a garage?
Buyers should budget for alternative parking solutions and consider the impact of street parking during Winnipeg winters. This is a common trade-off for affordability in older neighborhoods.

5. How can I find out the exact historical sale prices?
The provided sale price ranges are estimates from public data. As noted on the detail page, you can request the exact sale price history by emailing the site directly; they provide this verified information manually.

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