40 Celtic Bay

Fort Richmond, Winnipeg

Property score

65.7

Good

Overall 65.7 · Smaller and older than most nearby homes

1,070 sqft (bottom 20%) · Built in 1965 (7 yrs older than avg)

Located in a above-average income area with median household income of ~85k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Below average

25% smaller than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 55%Chinese · 9%

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

65.7 is composed by the two sections below.

Property Score

56.4Fair
Living Area1,070 sqft52Fair
Year Built196546Low
Lot Size6,397 sqft81Excellent
Neighbourhood Sales Activity78Good

Community Score

79.6Good
Household Income79Good
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need76Good
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: #46111012

Community deep dive

$85K

Median household income

$87K

Average household income

16%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

17%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)745
Labour force participation rate61%
Median age32.8
Avg household size2.9
Unemployment rate9%
Population density3239 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households17%
Couple families with children23%
Median household income (2020)$85K

Housing

Renter households21%
Condominium dwellings4%
Median dwelling value (owners)$368K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority50%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Chinese · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,070 sqft
0255075100
Same streetBottom 33%Same areaBottom 20%CitywideBottom 36%
Same street · Celtic Bay
#22 / 33
Bottom 33% · Avg 1,185 sqft
Same area · Fort Richmond
#2,093 / 2,629
Bottom 20% · Avg 1,421 sqft
Citywide · Winnipeg
#125,202 / 194,458
Bottom 36% · Avg 1,342 sqft

Tax-Assessed Value

above average
404k
0255075100
Same streetTop 24%Same areaBottom 41%CitywideTop 37%
Same street · Celtic Bay
#8 / 33
Top 24% · Avg 390.2k
Same area · Fort Richmond
#1,545 / 2,629
Bottom 41% · Avg 435.7k
Citywide · Winnipeg
#72,622 / 194,458
Top 37% · Avg 390.1k

Year Built

above average
1965
0255075100
Same streetTop 24%Same areaBottom 20%CitywideBottom 47%

Lot Size

above average
6,397 sqft
0255075100
Same streetTop 24%Same areaBottom 33%CitywideTop 24%

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

40 Celtic Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 472 m), 1 parks (nearest 247 m).

Search radius
🏫Education1
🌳Parks1

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 5/2022CA$450k–500k
Sold price

Same street

Top 13%

Same area

Top 18%

City-wide

Top 23%
Sold 7/2019CA$350k–400k
Sold price

Same street

Top 44%

Same area

Bottom 39%

City-wide

Top 43%

Related homes

Highlights & common questions: 40 Celtic Bay, Winnipeg

Property Summary: 40 Celtic Bay, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This bi-level home at 40 Celtic Bay is a solid, no-frills property that offers value through its established setting and practical layout. With 1,070 sqft of living space and a renovated basement, it provides functional living areas. The lot is a notable feature at over 6,300 sqft, offering above-average outdoor space for the neighbourhood and city, which is a significant advantage for a home of this size and era.

Its primary appeal lies in its positioning as a grounded, value-conscious entry into the Fort Richmond community. The home’s assessed value ranks well above average for its immediate street, suggesting it is viewed favorably compared to its closest peers. It suits first-time homebuyers, downsizers, or investors looking for a manageable property with a good land-to-building ratio. The appeal is practical rather than luxurious: it’s for those who prioritize space, a quiet street, and a renovated basement over modern amenities like a garage or a recently built structure. A thoughtful perspective is that this home represents the "bones" of the neighbourhood—a well-located, older property where the value is in the land and location, offering a canvas for personalization or steady long-term holding in a mature area.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to others?
At 1,070 sqft, the living area is slightly below the average for Fort Richmond but is very typical for homes on Celtic Bay itself. It represents a manageable size for smaller households.

2. What does the above-average assessed value on the street indicate?
The home’s assessed value is in the top quarter on its street, meaning it is officially valued higher than most direct neighbours. This can reflect factors like the renovated basement, lot size, or overall condition, but it’s important to note this is for municipal taxation, not necessarily market price.

3. Is the large lot a common feature here?
Yes and no. The lot is above average in size both for the street and city-wide, which is a key asset. However, within the broader Fort Richmond area, it is closer to the average. This means you get more outdoor space than many city properties, but it’s not an outlier in the immediate district.

4. The home was built in 1965. What should I consider?
As a home from the mid-1960s, major systems (like roof, plumbing, electrical) may be due for updates or have been partially addressed, as seen with the basement renovation. A thorough inspection is essential to understand the condition of original components.

5. Where can I find the exact historical sale prices?
The listed sale prices are estimated ranges from public data. To obtain the precise sale prices from 2019 and 2022, you must request them directly via the email link provided on the listing page. The service is manual but provided without marketing spam.

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