23 Mount Allison Bay

Fort Richmond, Winnipeg

Property score

58.4

Fair

Overall 58.4 · Smaller than most nearby homes

990 sqft (bottom 12%) · Built in 1971 (1 yr older than avg)

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

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 15 dining spots, 2 schools, 1 healthcare facility, and 3 shops nearby

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Near average

1 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

58.4 is composed by the two sections below.

Property Score

52.8Fair
Living Area990 sqft42Low
Year Built197158Fair
Lot Size6,051 sqft81Excellent
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

around average
990 sqft
0255075100
Same streetTop 31%Same areaBottom 12%CitywideBottom 25%
Same street · Mount Allison Bay
#12 / 39
Top 31% · Avg 974 sqft
Same area · Fort Richmond
#2,316 / 2,629
Bottom 12% · Avg 1,421 sqft
Citywide · Winnipeg
#145,552 / 194,458
Bottom 25% · Avg 1,342 sqft

Tax-Assessed Value

around average
364k
0255075100
Same streetBottom 41%Same areaBottom 12%CitywideTop 49%
Same street · Mount Allison Bay
#23 / 39
Bottom 41% · Avg 371.1k
Same area · Fort Richmond
#2,323 / 2,629
Bottom 12% · Avg 435.7k
Citywide · Winnipeg
#95,199 / 194,458
Top 49% · Avg 390.1k

Year Built

above average
1971
0255075100
Same streetTop 23%Same areaTop 48%CitywideTop 47%

Lot Size

above average
6,051 sqft
0255075100
Same streetBottom 33%Same areaBottom 20%CitywideTop 29%

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

23 Mount Allison Bay — 27 amenities found within 500 m, across 7 categories, including 15 dining (nearest 356 m), 2 education (nearest 349 m), 1 healthcare (nearest 474 m).

Search radius
🍽️Dining15
🏫Education2
🏥Healthcare1
🛒Shopping3
🌳Parks1
🏦Finance4
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 2/2025CA$400k–450k
Sold price

Same street

Top 10%

Same area

Top 29%

City-wide

Top 29%
Sold 1/2022CA$300k–350k
Sold price

Same street

Bottom 19%

Same area

Bottom 20%

City-wide

Bottom 48%
Sold 2/2020CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 23%

Related homes

Highlights & common questions: 23 Mount Allison Bay, Winnipeg

Property Overview

23 Mount Allison Bay is a well-maintained, one-storey home in Winnipeg's Fort Richmond neighbourhood. Built in 1971, it offers 990 sqft of living space on a 6,051 sqft lot. The home features a renovated basement and has seen steady appreciation in recent years. Its assessed value is $36,400.

Key Characteristics & Appeal

This home presents a practical and affordable entry point into the stable Fort Richmond area. Its key appeal lies in its balance of a manageable size and a generous lot. While the living space is compact, the renovated basement adds functional area, making it ideal for a small family, a couple, or a first-time buyer. The lot size is notably larger than the Winnipeg city average, offering valuable outdoor space for gardening, play, or future expansion that is rare for the price point.

The property suits buyers looking for a low-maintenance, single-level layout without the premium price of a newer home. Its consistent value increase, as shown in its sale history, suggests it's in a desirable micro-location within the street itself. It’s a sensible choice for someone who values a quiet, established neighbourhood over high-end finishes or square footage, and who sees potential in the land itself.

Frequently Asked Questions

1. How does this home’s size compare to others in the area?
At 990 sqft, the living area is slightly above average for Mount Allison Bay but below the average for the broader Fort Richmond neighbourhood. It's a comfortably sized home for its street.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify with the seller or agent to understand the quality and added functionality.

3. Is the assessed value a reliable indicator of the selling price?
The assessed value for municipal taxes is often different from market value. Recent sale prices on the street and in the area, which have been rising, are more current indicators of what the market may bear.

4. There is no garage. Is there parking?
The listing specifies no garage. Typically, homes in this area have driveway or on-street parking, but verifying the specific parking situation for this property is recommended.

5. The home was last sold in early 2025. Why is it back on the market?
The quick resale could be due to many neutral factors, such as a change in the buyer's circumstances. It does not inherently indicate a problem with the property and is a common question for any viewing.

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