689 Townsend Avenue

Fort Richmond, Winnipeg

Property score

65.9

Good

Overall 65.9 · Smaller and older than most nearby homes

1,033 sqft (bottom 15%) · Built in 1963 (9 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, 1 park, and 1 place of worship nearby

Living Area

Below average

27% 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 Area1,033 sqft52Fair
Year Built196346Low
Lot Size6,499 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
1,033 sqft
0255075100
Same streetBottom 30%Same areaBottom 15%CitywideBottom 29%
Same street · Townsend Avenue
#47 / 67
Bottom 30% · Avg 1,191 sqft
Same area · Fort Richmond
#2,224 / 2,629
Bottom 15% · Avg 1,421 sqft
Citywide · Winnipeg
#137,239 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
393k
0255075100
Same streetTop 45%Same areaBottom 33%CitywideTop 40%
Same street · Townsend Avenue
#30 / 67
Top 45% · Avg 393.2k
Same area · Fort Richmond
#1,772 / 2,629
Bottom 33% · Avg 435.7k
Citywide · Winnipeg
#78,073 / 194,458
Top 40% · Avg 390.1k

Year Built

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

Lot Size

above average
6,499 sqft
0255075100
Same streetTop 45%Same areaBottom 40%CitywideTop 22%

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

689 Townsend Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 301 m), 1 parks (nearest 283 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 4/2019CA$300k–350k
Sold price

Same street

Bottom 20%

Same area

Bottom 21%

City-wide

Bottom 49%

Related homes

Highlights & common questions: 689 Townsend Avenue, Winnipeg

Property Overview

This one-storey home at 689 Townsend Avenue in Fort Richmond presents a practical opportunity in a well-established Winnipeg neighbourhood. Built in 1963, its key appeal lies in its balance of a renovated basement, a detached garage, and a land size that is notably above average for the city. With 1,033 sqft of living space, the house itself is more compact than many in the immediate area, but this is offset by a generous 6,499 sqft lot. The assessed value is consistent with averages for the street and neighbourhood. This property would suit a first-time buyer, a downsizer, or an investor looking for a manageable home with a low-maintenance footprint and the value held in the land itself. Its appeal is grounded in functionality and potential, rather than luxury finishes or size.

Frequently Asked Questions

Is the house smaller than others on the street?
Yes. The living area ranks in the top 70% on Townsend Avenue, meaning about 30% of comparable homes are smaller, but the home is below the street's average size of about 1,191 sqft. The space is efficient, with the renovated basement adding functional living area.

How does the lot size compare?
The lot is a significant feature. While around average for the street and Fort Richmond, it ranks in the top 22% citywide, meaning it's larger than 78% of comparable residential lots in Winnipeg. This offers more outdoor space than many properties.

What does the assessed value tell me?
The assessed value of $39,300 is squarely around average for the immediate area and neighbourhood. This suggests the property is priced in line with its local market context, not as a premium or a fixer-upper based on this metric alone.

The home was last sold in 2019. What was the price?
Exact sold prices are provided upon request via email from the listing service. The public data shows a range of $31.5k to $34.5k for the April 2019 sale.

What type of buyer should consider this home?
It's well-suited for those prioritizing land size and a single-level layout over expansive interior square footage. The renovated basement adds value, making it a turnkey option for a buyer who doesn't want a project. Its average assessments and compact size suggest a manageable ongoing tax burden.

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