654 Pasadena Avenue

Fort Richmond, Winnipeg

Property score

70.0

Good

Overall 70.0 · Older than most nearby homes

1,176 sqft (bottom 33%) · Built in 1964 (8 yrs older than avg)

Located in a above-average income area with median household income of ~85k

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

17% smaller than neighborhood avg.

Year Built

Below average

8 yrs older than neighborhood avg.

Mother tongue

English · 55%Chinese · 9%

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

70.0 is composed by the two sections below.

Property Score

63.6Fair
Living Area1,176 sqft60Fair
Year Built196446Low
Lot Size10,582 sqft97Excellent
Neighbourhood Sales Activity78Good

Community Score

79.6Good
Household Income79Good
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need76Good
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: #46111012

Community deep dive

$85K

Median household income

$87K

Average household income

16%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

17%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)745
Labour force participation rate61%
Median age32.8
Avg household size2.9
Unemployment rate9%
Population density3239 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households17%
Couple families with children23%
Median household income (2020)$85K

Housing

Renter households21%
Condominium dwellings4%
Median dwelling value (owners)$368K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority50%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Chinese · 8%

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

Rankings

Living Area

around average
1,176 sqft
0255075100
Same streetBottom 49%Same areaBottom 33%CitywideBottom 48%
Same street · Pasadena Avenue
#41 / 81
Bottom 49% · Avg 1,319 sqft
Same area · Fort Richmond
#1,768 / 2,629
Bottom 33% · Avg 1,421 sqft
Citywide · Winnipeg
#101,971 / 194,458
Bottom 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
385k
0255075100
Same streetBottom 42%Same areaBottom 26%CitywideTop 42%
Same street · Pasadena Avenue
#47 / 81
Bottom 42% · Avg 416.8k
Same area · Fort Richmond
#1,951 / 2,629
Bottom 26% · Avg 435.7k
Citywide · Winnipeg
#82,459 / 194,458
Top 42% · Avg 390.1k

Year Built

around average
1964
0255075100
Same streetBottom 35%Same areaBottom 8%CitywideBottom 46%

Lot Size

Elite
10,582 sqft
0255075100
Same streetTop 2%Same areaTop 8%CitywideTop 5%

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

654 Pasadena Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 363 m), 1 parks (nearest 284 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 8/2022CA$400k–450k
Sold price

Same street

Top 30%

Same area

Top 33%

City-wide

Top 31%

Related homes

Highlights & common questions: 654 Pasadena Avenue, Winnipeg

Property Overview: 654 Pasadena Avenue, Fort Richmond

Section 1: Key Characteristics & Appeal

This one-storey home in Fort Richmond presents a compelling opportunity centered on its land. Built in 1964, the 1,176 sqft house is functionally average for the area in terms of living space and assessed value. Its primary distinction is the exceptionally large, 10,582 sqft lot, which ranks in the top 5% citywide and top 2% on its own street. This offers rare potential for expansion, gardening, or outdoor living in a mature neighborhood. The home features a renovated basement and a detached garage.

The appeal lies in this land-to-improvement ratio. It suits a buyer who sees value in the property's future potential rather than its current state. This could be a renovator looking to significantly expand the existing footprint, a family desiring a huge private yard, or a long-term investor valuing the underlying land asset in a well-established area. It’s a property where the true value may not be in the house as it stands, but in the possibilities the lot affords.

Section 2: Frequently Asked Questions

1. Is the house in move-in condition?
While the basement has been renovated, the main level of the 1964 home likely requires updates to suit modern tastes. Buyers should budget for potential cosmetic or system upgrades.

2. What makes the lot size so significant?
At over 10,500 sqft, the lot is substantially larger than the typical Winnipeg property (approx. 6,570 sqft). This provides uncommon space for additions, recreational features like a sport court or extensive landscaping, and greater privacy.

3. How does the assessed value relate to the likely selling price?
The assessed value is for taxation purposes. The last recorded sale was in 2022 for between $395,000 and $425,000. The current market value will be influenced by recent comparable sales, the unique lot size, and current market conditions.

4. What are the implications of a detached garage?
A detached garage offers flexibility for use as a workshop or studio separate from the house. However, it may be less convenient during Winnipeg winters compared to an attached garage.

5. Who provides the exact historical sold price?
The exact sold price history is not publicly posted. The listing service (SaveOnHouse) offers to provide this precise data directly via email upon request, at no cost and without marketing spam.

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