35 Loyola Bay

Fort Richmond, Winnipeg

Property score

59.1

Fair

Overall 59.1 · Smaller than most nearby homes

946 sqft (bottom 8%) · Built in 1970 (2 yrs older than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 20 dining spots, 2 schools, 2 healthcare facilitys, and 2 shops nearby

Living Area

Below average

33% smaller than neighborhood avg.

Year Built

Near average

2 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

59.1 is composed by the two sections below.

Property Score

54.0Fair
Living Area946 sqft42Low
Year Built197052Fair
Lot Size11,607 sqft97Excellent
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
946 sqft
0255075100
Same streetBottom 47%Same areaBottom 8%CitywideBottom 21%
Same street · Loyola Bay
#17 / 32
Bottom 47% · Avg 978 sqft
Same area · Fort Richmond
#2,407 / 2,629
Bottom 8% · Avg 1,421 sqft
Citywide · Winnipeg
#154,109 / 194,458
Bottom 21% · Avg 1,342 sqft

Tax-Assessed Value

around average
377k
0255075100
Same streetTop 38%Same areaBottom 20%CitywideTop 45%
Same street · Loyola Bay
#12 / 32
Top 38% · Avg 372.8k
Same area · Fort Richmond
#2,113 / 2,629
Bottom 20% · Avg 435.7k
Citywide · Winnipeg
#87,097 / 194,458
Top 45% · Avg 390.1k

Year Built

above average
1970
0255075100
Same streetTop 9%Same areaBottom 45%CitywideTop 48%

Lot Size

Elite
11,607 sqft
0255075100
Same streetTop 6%Same areaTop 6%CitywideTop 4%

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

35 Loyola Bay — 34 amenities found within 500 m, across 8 categories, including 20 dining (nearest 365 m), 2 education (nearest 181 m), 2 healthcare (nearest 384 m).

Search radius
🍽️Dining20
🏫Education2
🏥Healthcare2
🛒Shopping2
🌳Parks1
💪Sports1
🏦Finance5
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 7/2021CA$350k–400k
Sold price

Same street

Top 26%

Same area

Bottom 46%

City-wide

Top 41%

Related homes

Highlights & common questions: 35 Loyola Bay, Winnipeg

Property Overview: 35 Loyola Bay, Fort Richmond, Winnipeg

Key Characteristics & Buyer Profile

This 1970 bi-level home at 35 Loyola Bay presents a specific and compelling value proposition centered on land and location. Its key characteristic is an exceptionally large lot of over 11,600 sq ft, which ranks in the top 6% of properties in Fort Richmond and the top 4% citywide. This offers rare potential for expansion, gardening, or outdoor recreation within the city. The home itself is modest in size at 946 sq ft of living area, featuring a renovated basement and an attached garage. Its assessed value is notably manageable compared to city averages.

The appeal lies in this balance of a lower-maintenance, updated interior paired with a substantial and private outdoor canvas. It suits practical first-time buyers or downsizers who want to minimize living space upkeep without sacrificing yard space. It’s also a strategic fit for a long-term investor or a buyer with future renovation plans, where the significant land asset provides room to grow or add value over time. The location on a quiet bay in Fort Richmond offers neighborhood stability and a sense of space that is increasingly hard to find.

Frequently Asked Questions

1. How does the home's size compare to others in the area?
At 946 sq ft, the living area is slightly below the average for Fort Richmond. This indicates a more compact and efficient layout, which can mean lower utility costs and less interior maintenance.

2. What does the "Elite" ranking for land area actually mean?
This statistic means the property's lot size is larger than approximately 96% of all residential properties in Winnipeg. It is a standout feature that offers privacy and potential not found in typical city lots.

3. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $37,700 is for municipal tax purposes. While it provides a benchmark, the final sale price is determined by the market. The last known sale was in July 2021 for between $35,500 and $38,500.

4. What are the implications of the home being built in 1970?
Built in 1970, the home is newer than many on its immediate street. While major systems like roof, windows, and furnace may have been updated, their age and condition should be verified as part of a standard inspection.

5. How can I find out the exact historical sale prices?
The exact sold prices are not published in the public record. You can request this detailed history directly via the provided email form on the listing page. The service is manual but provided without obligation.

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