605 Silverstone Avenue

Fort Richmond, Winnipeg

Property score

66.9

Good

Overall 66.9 · Smaller and older than most nearby homes

1,146 sqft (bottom 27%) · Built in 1949 (23 yrs older than avg)

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

Transit 88.0 · 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

19% smaller than neighborhood avg.

Year Built

Below average

23 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

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Property score

66.9 is composed by the two sections below.

Property Score

58.0Fair
Living Area1,146 sqft60Fair
Year Built194930Low
Lot Size6,471 sqft81Excellent
Neighbourhood Sales Activity78Good

Community Score

80.2Excellent
Household Income83Excellent
Education Level82Excellent
Housing Stress63Fair
Core Housing Need100Excellent
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: #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
1,146 sqft
0255075100
Same streetBottom 37%Same areaBottom 27%CitywideBottom 44%
Same street · Silverstone Avenue
#30 / 48
Bottom 37% · Avg 1,235 sqft
Same area · Fort Richmond
#1,924 / 2,629
Bottom 27% · Avg 1,421 sqft
Citywide · Winnipeg
#108,062 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
408k
0255075100
Same streetTop 38%Same areaBottom 45%CitywideTop 36%
Same street · Silverstone Avenue
#18 / 48
Top 38% · Avg 399.8k
Same area · Fort Richmond
#1,456 / 2,629
Bottom 45% · Avg 435.7k
Citywide · Winnipeg
#70,801 / 194,458
Top 36% · Avg 390.1k

Year Built

below average
1949
0255075100
Same streetBottom 6%Same areaBottom 1%CitywideBottom 27%

Lot Size

above average
6,471 sqft
0255075100
Same streetTop 50%Same areaBottom 35%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

605 Silverstone Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 269 m), 1 parks (nearest 416 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 10/2020CA$300k–350k
Sold price

Same street

Bottom 22%

Same area

Bottom 17%

City-wide

Bottom 46%

Related homes

Highlights & common questions: 605 Silverstone Avenue, Winnipeg

Property Overview

605 Silverstone Avenue is a one-and-a-half storey home in Winnipeg's Fort Richmond neighbourhood, built in 1949. It features 1,146 sqft of living space, a renovated basement, and a detached garage on a 6,471 sqft lot. The home last sold in October 2020.

Key Characteristics & Appeal

This property presents a classic, grounded opportunity in a well-established area. Its key appeal lies in its balance of a generous, above-average citywide lot size with a home that is modest in scale but updated where it counts—the basement has been renovated. The detached garage adds practical utility. The assessed value is consistent with area averages, suggesting a stable, no-surprises valuation.

It’s a home that suits practical, value-oriented buyers. First-time homeowners or downsizers looking for a manageable footprint without sacrificing outdoor space will find its proportions sensible. The renovated basement offers immediate livable space, appealing to those who want move-in readiness without a full-scale project. A less obvious perspective is its potential for those who prioritize land over sheer interior size; the lot offers room for gardening, expansion, or simply more privacy than newer, denser subdivisions provide. It’s not a modern showhome, but a solid, character-filled property for buyers who see the value in established neighbourhoods and practical updates.

Frequently Asked Questions

1. How does the home’s size compare to others?
At 1,146 sqft, the living area is slightly below average for the Fort Richmond area but is very close to the citywide average, making it a typically sized home for Winnipeg.

2. Is the property considered old?
Yes, built in 1949, it is notably older than most homes on its street and in Fort Richmond. This often means character and mature landscaping, but buyers should ensure systems like plumbing and electrical have been appropriately maintained or updated.

3. What is the significance of the lot size?
The 6,471 sqft lot is a standout feature, ranking above average citywide. This means more yard space than many properties in Winnipeg, which is a valuable asset for privacy, recreation, or future outdoor projects.

4. What can the sold price history tell me?
The home sold in October 2020 for between $305,000 and $335,000. For the exact price, you can request details via email from the listing source. This history provides a recent market benchmark for the property.

5. Who are the most comparable neighbours?
The most direct comparisons are the adjacent homes on Silverstone Avenue. In terms of current municipal assessed value for tax purposes, similar homes can be found in other neighbourhoods like Elmhurst, providing a broader context for its valuation.

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