39 Loyola Bay

Fort Richmond, Winnipeg

Property score

54.9

Fair

Overall 54.9 · Smaller than most nearby homes

804 sqft (bottom 3%) · Built in 1969 (3 yrs older than avg)

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

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 19 dining spots, 2 schools, 2 healthcare facilitys, and 2 shops nearby

Living Area

Below average

43% 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

54.9 is composed by the two sections below.

Property Score

47.1Low
Living Area804 sqft32Low
Year Built196952Fair
Lot Size7,550 sqft91Excellent
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
804 sqft
0255075100
Same streetBottom 31%Same areaBottom 3%CitywideBottom 9%
Same street · Loyola Bay
#22 / 32
Bottom 31% · Avg 978 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
365k
0255075100
Same streetBottom 37%Same areaBottom 12%CitywideTop 49%
Same street · Loyola Bay
#20 / 32
Bottom 37% · Avg 372.8k
Same area · Fort Richmond
#2,308 / 2,629
Bottom 12% · Avg 435.7k
Citywide · Winnipeg
#94,553 / 194,458
Top 49% · Avg 390.1k

Year Built

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

Lot Size

above average
7,550 sqft
0255075100
Same streetTop 13%Same areaTop 22%CitywideTop 13%

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

39 Loyola Bay — 32 amenities found within 500 m, across 8 categories, including 19 dining (nearest 375 m), 2 education (nearest 206 m), 2 healthcare (nearest 400 m).

Search radius
🍽️Dining19
🏫Education2
🏥Healthcare2
🛒Shopping2
🌳Parks1
💪Sports1
🏦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 8/2022CA$350k–400k
Sold price

Same street

Top 11%

Same area

Top 45%

City-wide

Top 36%
Sold 11/2016CA$300k–350k
Sold price

Same street

Bottom 37%

Same area

Bottom 12%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 39 Loyola Bay, Winnipeg

Property Overview: 39 Loyola Bay, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This 804 sqft bi-level home, built in 1969, presents a practical and value-oriented opportunity in Winnipeg's Fort Richmond neighborhood. Its primary appeal lies in a combination of a generous, above-average 7,550 sqft lot and a recently renovated basement, offering immediate livable space and future potential. While the living area is modest compared to area averages, this translates to lower maintenance and utility costs, a key consideration for budget-conscious buyers.

The property suits first-time homebuyers seeking an affordable entry into homeownership with a manageable footprint, or investors looking for a solid rental property in a established area. Its standout lot size is a significant asset, providing ample outdoor space for gardening, recreation, or future expansion—a feature becoming rarer in many city neighborhoods. The home’s assessed value positions it as a sensible, mid-range option on its street and city-wide, suggesting it is priced without the premium of a highly updated interior, allowing new owners to add value on their own terms.

Frequently Asked Questions

1. How does the size of this home compare to others in the area?
At 804 sqft of living space, this home is notably more compact than the Fort Richmond average (1,421 sqft). This makes it one of the smaller homes in the neighborhood, which is a key factor in its accessible price point.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but the specific scope and quality of finishes are not detailed. This is a key point for a viewing, to assess the condition, layout, and whether it meets your needs for additional living, recreational, or rental space.

3. Is the large lot a benefit for future expansion?
The 7,550 sqft lot is significantly larger than average for Winnipeg. This not only provides excellent private outdoor space but also creates a tangible opportunity for future additions like a garage, workshop, or home extension, subject to local zoning bylaws.

4. There is no garage. What are the parking options?
The listing specifies no garage. Parking would be limited to driveway space (if present) and on-street. Confirming the driveway situation and local street parking regulations would be an important step.

5. The home was last sold in 2022. Why is it back on the market so soon?
The property sold in August 2022. While the specific reason isn't provided, such a quick turnaround can sometimes indicate an investor flipping the property, a change in the owner's personal circumstances, or potentially issues discovered after purchase. A thorough inspection and title review are advised.

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