86 Loyola Bay

Fort Richmond, Winnipeg

Property score

64.1

Fair

Overall 64.1 · Compared with neighbourhood average

1,167 sqft (bottom 31%) · Built in 1969 (3 yrs older than avg)

Located in a average-income area with median household income of ~58k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 2 shops, 1 park, and 1 sports facility nearby

Living Area

Below average

18% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 42%Chinese · 14%

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

64.1 is composed by the two sections below.

Property Score

62.4Fair
Living Area1,167 sqft60Fair
Year Built196952Fair
Lot Size6,377 sqft81Excellent
Neighbourhood Sales Activity78Good

Community Score

66.7Good
Household Income62Fair
Education Level91Excellent
Housing Stress52Fair
Core Housing Need63Fair
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: #46110945

Community deep dive

$58K

Median household income

$68K

Average household income

30%

Low income (LIM-AT)

0.3

Income inequality (Gini)

6.8

P90 / P10 ratio

22%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)919
Labour force participation rate60%
Median age28.4
Avg household size2.7
Unemployment rate7%
Population density5105 / km²

Households & income

Low income (LIM-AT, % pop.)30%
Single-person households22%
Couple families with children27%
Median household income (2020)$58K

Housing

Renter households50%
Condominium dwellings23%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)54%
Visible minority75%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 42%
Mother tongue (2nd)Chinese · 13%

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

Rankings

Living Area

above average
1,167 sqft
0255075100
Same streetTop 9%Same areaBottom 31%CitywideBottom 47%
Same street · Loyola Bay
#3 / 32
Top 9% · Avg 978 sqft
Same area · Fort Richmond
#1,809 / 2,629
Bottom 31% · Avg 1,421 sqft
Citywide · Winnipeg
#103,755 / 194,458
Bottom 47% · Avg 1,342 sqft

Tax-Assessed Value

around average
378k
0255075100
Same streetTop 31%Same areaBottom 20%CitywideTop 44%
Same street · Loyola Bay
#10 / 32
Top 31% · Avg 372.8k
Same area · Fort Richmond
#2,096 / 2,629
Bottom 20% · Avg 435.7k
Citywide · Winnipeg
#86,528 / 194,458
Top 44% · Avg 390.1k

Year Built

above average
1969
0255075100
Same streetTop 19%Same areaBottom 39%CitywideTop 49%

Lot Size

above average
6,377 sqft
0255075100
Same streetBottom 31%Same areaBottom 31%CitywideTop 24%

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

86 Loyola Bay — 7 amenities found within 500 m, across 5 categories, including 2 education (nearest 255 m), 2 shopping (nearest 414 m), 1 parks (nearest 395 m).

Search radius
🏫Education2
🛒Shopping2
🌳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 4/2019CA$300k–350k
Sold price

Same street

Top 47%

Same area

Bottom 19%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 86 Loyola Bay, Winnipeg

Property Overview

This one-storey home in Fort Richmond’s Loyola Bay area presents a practical, low-maintenance living option. Built in 1969, its key feature is a renovated basement, adding functional living space to the 1,167 sqft footprint. The home sits on a 6,377 sqft lot, which is notably above average in size compared to the wider city. There is no garage or pool.

The appeal lies in its efficient use of space and its position within a mature neighbourhood. The living area is well above average for its immediate street, suggesting a relatively spacious home for the area. With a modest assessed value that sits below the Fort Richmond average, it represents a potentially accessible entry point into the market. The renovated basement adds immediate utility without the need for a major project.

This property would suit first-time buyers or downsizers seeking a manageable, single-level home in an established community. It’s also a sensible fit for value-focused buyers who prioritize lot size over a large interior or attached garage, and for those who appreciate a home where foundational updates like the basement have already been addressed.

Frequently Asked Questions

1. How does the home’s size compare to others nearby?
The living area is 1,167 sqft, which ranks in the top 9% on its own street, making it notably more spacious than most direct neighbours. Compared to the broader Fort Richmond area and the city, it is around the average size.

2. What is the significance of the assessed value being below the area average?
The assessed value is below the average for Fort Richmond. This doesn't dictate market price, but it can indicate a potentially lower property tax burden relative to the neighbourhood, which is a point of value for cost-conscious owners.

3. Is the lack of a garage a major drawback?
This depends on buyer needs. The above-average lot size offers flexibility for potential future parking solutions or storage sheds. For those who primarily use street parking or do not require vehicle storage, it may not be a significant issue.

4. The home was built in 1969. What should I consider?
While the basement has been renovated, a home of this age will have other aging components. A thorough inspection of the roof, windows, plumbing, and electrical systems is essential to understand any upcoming maintenance or updates required beyond the cosmetic renovations.

5. You mention the lot size is above average city-wide. What are the advantages?
The 6,377 sqft lot is larger than most in Winnipeg. This provides more private outdoor space, better potential for gardening, landscaping, or adding a deck, and generally a greater sense of openness than newer, more densely packed subdivisions.

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