620 Pasadena Avenue

Fort Richmond, Winnipeg

Property score

57.7

Fair

Overall 57.7 · Smaller and older than most nearby homes

884 sqft (bottom 6%) · Built in 1946 (26 yrs older than avg)

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

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

Living Area

Below average

38% smaller than neighborhood avg.

Year Built

Below average

26 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

57.7 is composed by the two sections below.

Property Score

42.7Low
Living Area884 sqft32Low
Year Built194630Low
Lot Size7,558 sqft91Excellent
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

below average
884 sqft
0255075100
Same streetBottom 7%Same areaBottom 6%CitywideBottom 15%
Same street · Pasadena Avenue
#75 / 81
Bottom 7% · Avg 1,319 sqft
Same area · Fort Richmond
#2,467 / 2,629
Bottom 6% · Avg 1,421 sqft
Citywide · Winnipeg
#165,107 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

below average
293k
0255075100
Same streetBottom 5%Same areaBottom 2%CitywideBottom 27%
Same street · Pasadena Avenue
#77 / 81
Bottom 5% · Avg 416.8k
Same area · Fort Richmond
#2,583 / 2,629
Bottom 2% · Avg 435.7k
Citywide · Winnipeg
#141,299 / 194,458
Bottom 27% · Avg 390.1k

Year Built

below average
1946
0255075100
Same streetBottom 9%Same areaBottom 1%CitywideBottom 23%

Lot Size

above average
7,558 sqft
0255075100
Same streetTop 48%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

620 Pasadena Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 382 m), 1 parks (nearest 454 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 8/2021CA$250k–300k
Sold price

Same street

Bottom 6%

Same area

Bottom 4%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 620 Pasadena Avenue, Winnipeg

Property Overview: 620 Pasadena Avenue, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modest, one-and-a-half storey home built in 1946, presenting a straightforward opportunity in Winnipeg's Fort Richmond neighborhood. Its key characteristic is a significant contrast: the house itself is compact at 884 sqft with an unrenovated basement, and its assessed value is notably low for the area. However, it sits on a generously sized lot of over 7,500 sqft, which is well above the city-wide average.

The primary appeal lies in this land-to-structure ratio. For the right buyer, the value is in the potential of the property, not the current condition of the home. It suits a practical buyer looking for an entry point into homeownership with a long-term vision, or an investor seeking a land-hold opportunity. It would also appeal to someone comfortable with a project, whether that's a gradual renovation of the existing home or future redevelopment possibilities, given the lot size. This isn't a move-in-ready showpiece; its charm is in its baseline affordability and the options its substantial lot provides in a well-established area.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than nearby homes?
The assessment reflects the home's older age, smaller size, and lack of renovation relative to many other properties in Fort Richmond. The value is primarily in the land.

2. Is the basement finished or usable?
The listing specifies the basement exists but is "not renovated." Buyers should anticipate it being in original or utility condition and budget accordingly for any desired improvements.

3. What does the lot size mean for me practically?
At over 7,500 sqft, the lot is significantly larger than a standard city lot. This offers more private outdoor space, room for additions like a garage or garden, and future flexibility that is harder to find in newer subdivisions.

4. How does the living area compare to a modern home?
At 884 sqft, the living space is compact. The "one-and-a-half storey" style often means bedrooms are on a smaller upper level. This favors simpler living and lower utility costs, but may feel cramped for those accustomed to open-concept layouts.

5. What is the neighborhood like?
Fort Richmond is a mature, established area near the University of Manitoba. This location offers stability and convenience, but as the home's age and metrics indicate, it's a neighborhood with a wide mix of older original homes and newer, renovated ones.

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