626 Townsend Avenue

Fort Richmond, Winnipeg

Property score

65.9

Good

Overall 65.9 · Smaller and older than most nearby homes

1,088 sqft (bottom 23%) · Built in 1963 (9 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

23% smaller than neighborhood avg.

Year Built

Below average

9 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

65.9 is composed by the two sections below.

Property Score

56.4Fair
Living Area1,088 sqft52Fair
Year Built196346Low
Lot Size6,473 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
1,088 sqft
0255075100
Same streetBottom 46%Same areaBottom 23%CitywideBottom 38%
Same street · Townsend Avenue
#36 / 67
Bottom 46% · Avg 1,191 sqft
Same area · Fort Richmond
#2,026 / 2,629
Bottom 23% · Avg 1,421 sqft
Citywide · Winnipeg
#120,125 / 194,458
Bottom 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
409k
0255075100
Same streetTop 28%Same areaBottom 45%CitywideTop 36%
Same street · Townsend Avenue
#19 / 67
Top 28% · Avg 393.2k
Same area · Fort Richmond
#1,436 / 2,629
Bottom 45% · Avg 435.7k
Citywide · Winnipeg
#70,353 / 194,458
Top 36% · Avg 390.1k

Year Built

around average
1963
0255075100
Same streetTop 43%Same areaBottom 5%CitywideBottom 45%

Lot Size

above average
6,473 sqft
0255075100
Same streetBottom 30%Same areaBottom 37%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

626 Townsend Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 245 m), 1 parks (nearest 305 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 6/2023CA$450k–500k
Sold price

Same street

Top 8%

Same area

Top 18%

City-wide

Top 23%

Related homes

Highlights & common questions: 626 Townsend Avenue, Winnipeg

Property Overview: 626 Townsend Avenue, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This one-storey home in Fort Richmond is a practical and well-situated property, built in 1963. Its key features include 1,088 sqft of living space, a renovated basement, and a detached garage on a spacious 6,473 sqft lot. The data suggests a home that balances modest interior space with a larger-than-average city-wide lot size, offering room for expansion or outdoor enjoyment.

Its primary appeal lies in its solid positioning within the local market. The assessed value is strong for its immediate street and respectable for the area, indicating a property that holds its value well in its neighbourhood context. The renovated basement adds functional living space, a significant plus for a home of this era. It would suit first-time buyers seeking an entry point into a stable community, downsizers looking for manageable single-level living without sacrificing yard space, or value-oriented investors attracted by the updated basement suite potential and the lot size.

A less obvious perspective is that this home represents a "middle-ground" option. It isn't the largest or newest on the block, but it outperforms many peers in key value metrics. This makes it a strategic choice for a buyer who prioritizes a sound investment in a known neighbourhood over chasing premium, turn-key properties.

Frequently Asked Questions

1. How does the size of this home compare to others nearby?
At 1,088 sqft, the living area is slightly below the average for both Townsend Avenue and the wider Fort Richmond area, but is close to the overall Winnipeg average. It’s a comfortably sized home for its type, with the renovated basement effectively adding to its usable space.

2. What does the assessed value ranking tell me?
The assessed value of $40,900 ranks in the top 28% on its own street, meaning it is valued higher than most direct neighbours. This often reflects desirable updates (like the basement) or favourable lot characteristics, suggesting the property is considered a strong performer in its micro-market.

3. Is the lot size a significant feature?
Yes. While the lot is around average for the street and area, it ranks in the top 23% city-wide. This means you get more outdoor space than most properties in Winnipeg, which is a valuable asset for privacy, gardening, or future projects.

4. The home was built in 1963. What should I consider?
The age is typical for the street and older than many in Fort Richmond. A thorough inspection is always recommended for homes of this era to assess the condition of major systems (roof, wiring, plumbing) and to confirm the quality and permits for the basement renovation.

5. How can I find out the exact historical sale prices?
The provided sold price history shows estimated ranges. To obtain the exact sale prices, you can use the email request feature on the listing page. The service is manual, but they aim to provide the accurate figures by the end of the same day.

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