627 Pasadena Avenue

Fort Richmond, Winnipeg

Property score

72.5

Good

Overall 72.5 · Newer than most nearby homes

1,220 sqft (bottom 41%) · Built in 1986 (14 yrs newer than avg)

Located in a above-average income area with median household income of ~72k

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

Living Area

Near average

14% smaller than neighborhood avg.

Year Built

Above average

14 yrs newer than neighborhood avg.

Mother tongue

English · 53%Chinese · 15%

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

72.5 is composed by the two sections below.

Property Score

70.2Good
Living Area66
1,220 sqftGood
Year Built78
1986Good
Lot Size74
5,641 sqftGood
Neighbourhood Sales Activity78
Good

Community Score

75.9Good
Household Income72
Good
Education Level100
Excellent
Housing Stress63
Fair
Core Housing Need76
Good
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: #46111010

Community deep dive

$72K

Median household income

$106K

Average household income

18%

Low income (LIM-AT)

0.4

Income inequality (Gini)

6.4

P90 / P10 ratio

34%

Single-person households

10%

Families with children

Population, labour & age

Population (2021)853
Labour force participation rate60%
Median age33.6
Avg household size2.2
Unemployment rate7%
Population density325 / km²

Households & income

Low income (LIM-AT, % pop.)18%
Single-person households34%
Couple families with children10%
Median household income (2020)$72K

Housing

Renter households26%
Condominium dwellings72%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority51%
Bachelor's or higher (25–64)60%
Mother tongue (1st)English · 53%
Mother tongue (2nd)Chinese · 14%

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

Rankings

Living Area

around average
1,220 sqft
0255075100
Same streetTop 42%Same areaBottom 41%CitywideTop 48%
Same street · Pasadena Avenue
#34 / 81
Top 42% · Avg 1,319 sqft
Same area · Fort Richmond
#1,538 / 2,629
Bottom 41% · Avg 1,421 sqft
Citywide · Winnipeg
#93,750 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

above average
473k
0255075100
Same streetTop 15%Same areaTop 19%CitywideTop 24%
Same street · Pasadena Avenue
#12 / 81
Top 15% · Avg 416.8k
Same area · Fort Richmond
#510 / 2,629
Top 19% · Avg 435.7k
Citywide · Winnipeg
#47,341 / 194,458
Top 24% · Avg 390.1k

Year Built

Elite
1986
0255075100
Same streetTop 7%Same areaTop 3%CitywideTop 27%

Lot Size

around average
5,641 sqft
0255075100
Same streetBottom 1%Same areaBottom 12%CitywideTop 40%

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

627 Pasadena Avenue — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 416 m), 1 parks (nearest 438 m).

Search radius
🏫Education1
🌳Parks1
💪Sports1
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 5/2023CA$400k–450k
Sold price

Same street

Top 27%

Same area

Top 23%

City-wide

Top 25%

Related homes

Highlights & common questions: 627 Pasadena Avenue, Winnipeg

Property Overview: 627 Pasadena Avenue, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This 1,220 sqft one-storey home, built in 1986, presents a practical and modernized living space in the established Fort Richmond neighborhood. Its key appeal lies in its recent, high-quality updates and its strong standing relative to the local market. The home features a renovated basement and an attached garage. While the living area is average for the street and city, the property excels in other metrics: its assessed value ranks in the top 15-24% across all comparison levels, indicating a premium valuation for its condition and updates. Notably, its 1986 build year is significantly newer than most neighbors, placing it in the top 3% of homes in Fort Richmond for age—a less obvious advantage that suggests more contemporary construction standards and potentially lower immediate maintenance costs. The lot, at 5,641 sqft, is smaller than most on the street but is close to the city-wide average.

This home would suit buyers looking for a move-in-ready, single-level layout without the upkeep of an older property. It’s ideal for downsizers, first-time buyers seeking a modernized home, or investors attracted by its above-average assessment and recent sale history. Its location offers the convenience of nearby University Crescent.

Frequently Asked Questions

1. How does the home’s age compare to others in the area?
Built in 1986, this home is notably newer than most in Fort Richmond, ranking in the top 3% for its recent build year. This often translates to modern wiring, plumbing, and insulation standards.

2. The lot size seems smaller than others on the street. Is that a concern?
The lot is below average for Pasadena Avenue but is close to the Winnipeg average. This typically means less yard maintenance and can be a positive for those prioritizing interior space and updates over extensive outdoor space.

3. What does the "above average" assessed value indicate?
With an assessed value ranking in the top 15% on its street and top 19% in Fort Richmond, the property is officially valued higher than most comparable homes. This often reflects recent renovations, desirable features, or overall condition, though it also influences property tax.

4. Has the home been sold recently?
Yes, public records indicate a sale occurred in May 2023. Exact sale prices are not publicly listed in detail, but the provided range suggests market activity was consistent with the home’s assessed value.

5. What are the main advantages of this specific location on Pasadena Avenue?
The location offers the quiet of a residential street with immediate proximity to major routes like University Crescent, providing quick access to the University of Manitoba, retail plazas, and perimeter highway connections.