4 Mount Allison Bay

Fort Richmond, Winnipeg

Property score

62.6

Fair

Overall 62.6 · Smaller than most nearby homes

1,022 sqft (bottom 15%) · Built in 1971 (1 yr older than avg)

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: 17 dining spots, 1 school, 2 healthcare facilitys, and 4 shops nearby

Living Area

Below average

28% 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

62.6 is composed by the two sections below.

Property Score

59.9Fair
Living Area1,022 sqft52Fair
Year Built197158Fair
Lot Size7,072 sqft88Excellent
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 28%Same areaBottom 15%CitywideBottom 28%
Same street · Mount Allison Bay
#11 / 39
Top 28% · Avg 974 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
361k
0255075100
Same streetBottom 38%Same areaBottom 11%CitywideTop 50%
Same street · Mount Allison Bay
#24 / 39
Bottom 38% · Avg 371.1k
Same area · Fort Richmond
#2,346 / 2,629
Bottom 11% · Avg 435.7k
Citywide · Winnipeg
#97,103 / 194,458
Top 50% · Avg 390.1k

Year Built

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

Lot Size

above average
7,072 sqft
0255075100
Same streetTop 18%Same areaTop 34%CitywideTop 16%

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

4 Mount Allison Bay — 32 amenities found within 500 m, across 9 categories, including 17 dining (nearest 292 m), 1 education (nearest 421 m), 2 healthcare (nearest 450 m).

Search radius
🍽️Dining17
🏫Education1
🏥Healthcare2
🛒Shopping4
🌳Parks1
💪Sports1
🏦Finance4
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 10/2023CA$350k–400k
Sold price

Same street

Top 43%

Same area

Bottom 41%

City-wide

Top 42%

Related homes

Highlights & common questions: 4 Mount Allison Bay, Winnipeg

Property Overview

This one-storey home at 4 Mount Allison Bay in Fort Richmond presents a practical opportunity in a well-established Winnipeg neighbourhood. Its key appeal lies in a balance of space and value. With 1,022 sqft of living area, it offers more interior space than most similar homes on its street. The lot is a significant feature, at over 7,000 sqft, placing it well above average for both the immediate area and the city overall, offering ample outdoor potential. The basement has been renovated, adding functional living space. While the home itself is from 1971, its assessed value is positioned around the city-wide median, suggesting a manageable entry point into the market.

This property would suit first-time buyers or downsizers looking for a single-level layout without a major renovation project. The large lot is ideal for gardeners, those seeking privacy, or future expansion. It’s a home for buyers who prioritize land size and functional interior space over a modern build or high-end finishes, offering a solid foundation in a convenient South Winnipeg location.


Frequently Asked Questions

1. How does the property’s value compare to its neighbours?
The home’s assessed value is around the average for Mount Allison Bay street itself, but is below the average for the broader Fort Richmond area. This suggests it may offer relative value within its immediate locale.

2. What does the "renovated basement" likely entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the quality of finishes, whether permits were pulled, and if the space includes a proper bedroom or is primarily a rec room.

3. Is the lack of a garage a significant drawback?
The property has no garage, which is common for many homes of this era. The large lot, however, provides excellent space for adding a detached garage or shed, subject to local bylaws.

4. The home is older—what should I be concerned about?
Built in 1971, major systems like the roof, plumbing, electrical, and foundation should be professionally inspected. Its age is typical for the neighbourhood, but its specific maintenance history is key.

5. Why is the lot size highlighted as a major feature?
At over 7,000 sqft, the lot is notably larger than most in Winnipeg. This isn't just about yard space; it provides better privacy, room for additions like a deck or garage, and potentially holds greater long-term value than the structure itself.

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