59 Thornhill Bay

One StoreyBuilt 1977Living Area 1,200 sqft
Sale History
SOLDin Aug 2020
290K±5,0009yr +16%
Tax Assessment
390k(prev. 367k)
+23k(+6.3%)
DateSold PriceNeighbourhood
2020-08Sold290K±5,000130/138
2011-07Sold250K±5,000103/134

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
Below average1,200 sqft · top 63% in area · built 1977 · 5 yrs newer than avg
$
High-income areaMedian household income ~$74K · top tier income demographics
7-min walk to transit1 nearby routes · score 52/100
Score

Property score

Overall score
68.4Fair
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
69
Fair
Living area
66
Year built
67
Lot size
81
Sales activity
78
Community Score
67.4
Fair
Income
74
Education
82
Housing
63
Core need
25
Employment
52
Rankings

How it stacks up

Each metric compared against 45 homes on Thornhill Bay, 2,629 in Fort Richmond, and 194,457 citywide. Polygon points further from the centre = better rank.
Living Area
1,200 sqft
BELOW AVERAGE
StreetBottom 49%AreaBottom 37%CityTop 50%
Same street
Bottom 49%
#23 / 45
Same area
Bottom 37%
#1,660 / 2,629
Citywide
Winnipeg
Top 50%
#97,378 / 194,457
Tax-Assessed Value
390 k
BELOW AVERAGE
StreetBottom 4%AreaBottom 13%CityBottom 46%
Same street
Bottom 4%
#43 / 45
Same area
Bottom 13%
#2,293 / 2,629
Citywide
Winnipeg
Bottom 46%
#105,928 / 194,455
Year Built
1977
ABOVE AVERAGE
StreetTop 2%AreaTop 16%CityTop 37%
Same street
Top 2%
#1 / 45
Same area
Top 16%
#410 / 2,629
Citywide
Winnipeg
Top 37%
#72,028 / 194,457
Lot Size
6,324 sqft
BELOW AVERAGE
StreetTop 27%AreaBottom 28%CityTop 25%
Same street
Top 27%
#12 / 45
Same area
Bottom 28%
#1,888 / 2,629
Citywide
Winnipeg
Top 25%
#48,590 / 194,457
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
59 Thornhill Bay: Living Area Analysis

Street Level (Thornhill Bay): Below Average. Ranked #23 out of 45 (Bottom 49%). The street average for comparable homes is 1,328 sqft.

Neighborhood Level (Fort Richmond): Below Average. Ranked #1,660 out of 2,629 (Bottom 37%). The neighborhood average for comparable homes is 1,421 sqft.

Citywide Level (Winnipeg): Around Average. Ranked #97,378 out of 194,457 (Top 50%). The citywide average for comparable homes is 1,342 sqft.

59 Thornhill Bay: Tax-Assessed Value Analysis

Street Level (Thornhill Bay): Below Average. Ranked #43 out of 45 (Bottom 4%). The street average for comparable homes is 449.4k.

Neighborhood Level (Fort Richmond): Below Average. Ranked #2,293 out of 2,629 (Bottom 13%). The neighborhood average for comparable homes is 468.9k.

Citywide Level (Winnipeg): Below Average. Ranked #105,928 out of 194,455 (Bottom 46%). The citywide average for comparable homes is 435.4k.

59 Thornhill Bay: Year Built Analysis

Street Level (Thornhill Bay): Above Average. Ranked #1 out of 45 (Top 2%). The street average for comparable homes is 1976.

Neighborhood Level (Fort Richmond): Above Average. Ranked #410 out of 2,629 (Top 16%). The neighborhood average for comparable homes is 1972.

Citywide Level (Winnipeg): Around Average. Ranked #72,028 out of 194,457 (Top 37%). The citywide average for comparable homes is 1966.

59 Thornhill Bay: Lot Size Analysis

Street Level (Thornhill Bay): Around Average. Ranked #12 out of 45 (Top 27%). The street average for comparable homes is 6,504 sqft.

Neighborhood Level (Fort Richmond): Below Average. Ranked #1,888 out of 2,629 (Bottom 28%). The neighborhood average for comparable homes is 7,381 sqft.

Citywide Level (Winnipeg): Around Average. Ranked #48,590 out of 194,457 (Top 25%). The citywide average for comparable homes is 6,570 sqft.

Market

Fort Richmond market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
1,069
last 14 years
Median price
445k
14-year area median
Price per sqft
$351/sqft
area average
Avg build year
1972
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
67.9%
Buyer'sBalancedSeller's
Sold
1,822
New listings
2,684
Sold above asking?
Last 7 days
Majority over ask
56%
Below ask56% above
79 of 141 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-05

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.

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  • Recent sold count in the area
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Weekly report
Winnipeg Market Report — Jun 8–14, 2026
Winnipeg's market remained active this week, with 56% of homes selling over asking and a stable $455,000 median sold price. But the premium was thinner than the previous sample: the median over-ask result was +$11,000, not a runaway bidding market across the board. For sellers, the message is still timing and pricing. The first 10 days remain the strongest window for competition. After that, the probability of a discount rises quickly. For buyers, the best opportunities are not necessarily in the cheapest homes, but in listings that have missed the early bidding window. Once a home sits beyond two weeks, negotiation room becomes much more visible.
Realtor recommended · 1 / 2
4 Bedrooms, Steps from U of M An Ideal Home for Living or Renting
In-depth Fort Richmond home review near University of Manitoba. 4-bed detached, 1,921 sqft, public sales records in 2016
Read review →
Monthly report
Highest May Detached Average on Record $477,313
Winnipeg Real Estate Market Data · May 2026 : Average sets a record May, recovery signals converge — 2026's first month with sales above the 5-year average. Detached $477,313 (highest May on record) · Condo $294,703 (just shy of the 2025 record) Three "2026 firsts": sales above 5-yr avg · listings above last year · Condo sales above last year
Nearby rentals?
Apartments within 2 km
2 km
10
Buildings
8
Available
$1,095 - $1,849
Rent range

A quick signal for rental-market activity, potential tenant demand, and rental competition around this home.

View Winnipeg rental map →
Community deep dive

Who lives in this neighbourhood

Dissemination area #46110966 · Statistics Canada 2021 Census · Population 624
624
Population (2021)
29.2
Median age
2.9
Avg household size
1,521 / km²
Population density
Distribution by household income band
0-5k
2%
15k-20k
5%
20k-25k
2%
25k-30k
2%
30k-35k
5%
35k-40k
5%
40k-45k
5%
45k-50k
2%
50k-60k
10%
60k-70k
5%
70k-80k
7%
80k-90k
5%
90k-100k
5%
100k-125k
10%
125k-150k
10%
150k-200k
12%
200k plus
7%
$74K
Median household income
$91K
Average household income
29%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.9
P90 / P10 ratio
11%
Single-person households
25%
Families with children
63%
Labour participation
15%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

59 Thornhill Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 367 m), 1 parks (nearest 324 m).

Search radius
🏫Education1
🌳Parks1

Crime & safety

Fort Richmond · WPS public data
Full crime data →
Annual incidents
38
2026
vs. city average
+29%
▲ relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
55% of incidents

Waste collection schedule

Local garbage, recycling, and yard waste pickup
Garbage
wednesday
Recycling
wednesday
Yard waste
wednesday b

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 59 Thornhill Bay. No advertising. Data source details →

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Highlights & common questions

Is this home right for you?

Property highlights

Property Overview: 59 Thornhill Bay, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Fort Richmond presents a practical and straightforward opportunity. Built in 1977, it is notably newer than many homes on its street and in the wider area, which can be an advantage for systems and structure. With 1,200 sqft of living space and a full, unrenovated basement, it offers room to grow or customize. The lot size of over 6,300 sqft is a standout feature, providing ample outdoor space that is larger than many city-wide comparables—a valuable asset for gardening, play, or future expansion.

The primary appeal lies in its value proposition and potential. The home’s assessed value is positioned below average for the immediate neighborhood, suggesting a potentially accessible entry point into the Fort Richmond area. This setup is ideal for a first-time buyer, an investor, or a hands-on homeowner who sees value in a solid, newer-vintage structure on a generous lot and is prepared to update the interior over time. Its appeal is less about immediate move-in readiness and more about the foundational strengths: a newer build year and a sizable parcel of land in a well-established community.

Section 2: Frequently Asked Questions

1. Is the low assessed value a concern?
Not necessarily. While it ranks below the street and area averages, this often reflects the home’s current condition and lack of recent renovations rather than a problem with the property itself. It can represent a value opportunity in a desirable location.

2. What does "basement yes, not renovated" imply?
It confirms the home has a full basement, but it is in original or functional condition without finished living space. This is a blank canvas for future development, storage, or utility space, but will require investment to modernize.

3. How does the 1977 build year compare?
This is a relative strength. The home is newer than most on its street (top 2%) and in Fort Richmond, which can mean more modern construction standards and potentially fewer immediate major repairs compared to older homes.

4. What is the significance of the lot size?
At over 6,300 sqft, the lot is larger than many city-wide averages. This is a less obvious but significant perk, offering more private outdoor space and future potential than is typical, which is often a premium in established neighborhoods.

5. Who would this property suit best?
It best suits a value-conscious buyer prioritizing land size and a sound building foundation over turn-key finishes. It’s a match for someone comfortable with a project, whether as a long-term home to personalize or a strategic investment property.