612 Pasadena Avenue

Fort Richmond, Winnipeg

Property score

62.9

Fair

Overall 62.9 · Smaller and older than most nearby homes

950 sqft (bottom 9%) · Built in 1956 (16 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, and 1 place of worship nearby

Living Area

Below average

33% smaller than neighborhood avg.

Year Built

Below average

16 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

62.9 is composed by the two sections below.

Property Score

51.3Fair
Living Area42
950 sqftLow
Year Built43
1956Low
Lot Size91
7,559 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

below average
950 sqft
0255075100
Same streetBottom 16%Same areaBottom 9%CitywideBottom 21%
Same street · Pasadena Avenue
#68 / 81
Bottom 16% · Avg 1,319 sqft
Same area · Fort Richmond
#2,390 / 2,629
Bottom 9% · Avg 1,421 sqft
Citywide · Winnipeg
#153,176 / 194,458
Bottom 21% · Avg 1,342 sqft

Tax-Assessed Value

around average
353k
0255075100
Same streetBottom 11%Same areaBottom 8%CitywideBottom 47%
Same street · Pasadena Avenue
#72 / 81
Bottom 11% · Avg 416.8k
Same area · Fort Richmond
#2,425 / 2,629
Bottom 8% · Avg 435.7k
Citywide · Winnipeg
#102,497 / 194,458
Bottom 47% · Avg 390.1k

Year Built

around average
1956
0255075100
Same streetBottom 17%Same areaBottom 3%CitywideBottom 36%

Lot Size

above average
7,559 sqft
0255075100
Same streetTop 41%Same areaTop 21%CitywideTop 13%

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

612 Pasadena Avenue — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 410 m).

Search radius
🏫Education1
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 5/2021CA$350k–400k
Sold price

Same street

Bottom 48%

Same area

Bottom 48%

City-wide

Top 39%

Related homes

Highlights & common questions: 612 Pasadena Avenue, Winnipeg

Property Summary: 612 Pasadena Avenue, Fort Richmond, Winnipeg

Key Characteristics & Buyer Profile

This is a compact, one-storey home built in 1956, situated on a notably generous lot in the Fort Richmond neighborhood. Its key appeal lies in the significant land size (over 7,500 sq ft), which is well above average for both the area and the city, offering substantial outdoor space and future potential. The home itself is modest at 950 sq ft of living area and features a renovated basement. Its assessed value is relatively low for the immediate area, suggesting a more accessible price point.

The property would suit a practical, value-oriented buyer. This includes first-time purchasers or downsizers seeking a manageable footprint with the bonus of a large yard for gardening, pets, or family play. It’s also a logical candidate for a long-term investor or renovator who sees the underlying value in the land and is prepared to update or expand the existing structure over time. The appeal is less about move-in-ready luxury and more about securing a solid foundation—both literally and figuratively—in a well-established community.


Frequently Asked Questions

Q: How does the home’s size compare to others?
A: The living space is below average for the street, neighborhood, and city. This is a smaller, character home, with the square footage primarily on one level plus the renovated basement.

Q: Why is the assessed value lower than many neighbors?
A: The assessed value is below average for Fort Richmond and Pasadena Avenue, likely reflecting the home’s smaller size and older construction date compared to nearby properties. City-wide, however, its assessment is around the middle, indicating its value is more typical when viewed across all of Winnipeg.

Q: What are the advantages of such a large lot?
A: The lot is a standout feature, offering ample space for additions, landscaping, outdoor living, or storage. It provides a sense of privacy and room to grow that is uncommon in many newer subdivisions.

Q: What does the sold price history indicate?
A: The home sold in mid-2021 for a price range consistent with its current assessed value. This recent sale provides a concrete, modern benchmark for the property’s market value.

Q: Who should consider requesting the exact sold price?
A: Serious buyers or investors conducting detailed financial planning for an offer or renovation budget would benefit from the precise figure. The provided range gives a reliable estimate, but the exact price helps for precise calculations.