602 Townsend Avenue

Fort Richmond, Winnipeg

Property score

68.8

Good

Overall 68.8 · Smaller and older than most nearby homes

1,108 sqft (bottom 25%) · Built in 1962 (10 yrs older than avg)

Located in a high-income area with median household income of ~97k

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

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Below average

10 yrs older than neighborhood avg.

Mother tongue

English · 65%Chinese · 12%

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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

68.8 is composed by the two sections below.

Property Score

61.2Fair
Living Area60
1,108 sqftFair
Year Built46
1962Low
Lot Size81
6,472 sqftExcellent
Neighbourhood Sales Activity78
Good

Community Score

80.2Excellent
Household Income83
Excellent
Education Level82
Excellent
Housing Stress63
Fair
Core Housing Need100
Excellent
Employment Health60
Fair

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: #46111011

Community deep dive

$97K

Median household income

$122K

Average household income

15%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

21%

Single-person households

18%

Families with children

Population, labour & age

Population (2021)507
Labour force participation rate59%
Median age38.8
Avg household size2.7
Unemployment rate8%
Population density2304 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households21%
Couple families with children18%
Median household income (2020)$97K

Housing

Renter households29%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority32%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Chinese · 11%

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

Rankings

Living Area

around average
1,108 sqft
0255075100
Same streetTop 37%Same areaBottom 25%CitywideBottom 40%
Same street · Townsend Avenue
#25 / 67
Top 37% · Avg 1,191 sqft
Same area · Fort Richmond
#1,965 / 2,629
Bottom 25% · Avg 1,421 sqft
Citywide · Winnipeg
#115,894 / 194,458
Bottom 40% · Avg 1,342 sqft

Tax-Assessed Value

above average
410k
0255075100
Same streetTop 25%Same areaBottom 46%CitywideTop 36%
Same street · Townsend Avenue
#17 / 67
Top 25% · Avg 393.2k
Same area · Fort Richmond
#1,416 / 2,629
Bottom 46% · Avg 435.7k
Citywide · Winnipeg
#69,891 / 194,458
Top 36% · Avg 390.1k

Year Built

around average
1962
0255075100
Same streetBottom 15%Same areaBottom 4%CitywideBottom 44%

Lot Size

above average
6,472 sqft
0255075100
Same streetBottom 19%Same areaBottom 36%CitywideTop 23%

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

602 Townsend Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 313 m), 1 parks (nearest 444 m).

Search radius
🏫Education1
🌳Parks1
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 9/2017CA$350k–400k
Sold price

Same street

Bottom 48%

Same area

Bottom 42%

City-wide

Top 42%

Related homes

Highlights & common questions: 602 Townsend Avenue, Winnipeg

Property Overview

602 Townsend Avenue is a well-maintained one-storey home in Fort Richmond, built in 1962. With 1,108 sqft of living space and an attached garage, it sits on a 6,472 sqft lot. The home features a renovated basement. Its assessed value of $410k positions it above average for its immediate street but around the middle range for the wider neighborhood and city.

Section 1: Key Characteristics & Appeal

This home’s primary appeal lies in its balance of established character and practical updates within a mature neighborhood. Its above-average assessment value on Townsend Avenue suggests it is a standout property on its street, likely due to the renovated basement and overall condition. The lot size is a notable asset—while average for Fort Richmond, it is above average citywide, offering good outdoor space for the footprint.

The property would suit first-time buyers or downsizers looking for a manageable, single-level layout without sacrificing yard space. It’s also a pragmatic choice for value-focused buyers who appreciate a home that already has key renovations done, particularly in the basement, and who see potential in a property that outperforms its direct street peers. The data suggests you’re paying more for the condition and lot than for sheer square footage, making it ideal for those who prioritize lot size and move-in readiness over having a larger, newer-built home.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to others?
At 1,108 sqft, the living area is slightly below the average for both Townsend Avenue and the Fort Richmond area, but it is close to the citywide average. This indicates a comfortable, mid-size home for the market.

2. Why is the assessed value higher than many on the same street?
The assessment ranks in the top 25% on its street. This is typically driven by factors like the renovated basement, overall upkeep, and the property’s lot value, suggesting it is in better condition or has more desirable features than many of its immediate neighbors.

3. Is the older build year (1962) a concern?
While older than most homes on its street and in Fort Richmond, its year of build is near the citywide average. The renovated basement indicates some systems have been updated. A thorough inspection is always recommended for homes of this age.

4. What is the significance of the lot size?
The 6,472 sqft lot is above average compared to all homes in Winnipeg. For the neighborhood, it’s about average. This means you get a very typical yard for Fort Richmond, but more outdoor space than you would in many other parts of the city.

5. Where can I find the exact historical sale price?
The listed sale history shows a range. The exact sale price is available by request from the website, which provides the accurate figure manually via email at no cost and without marketing spam.