240 Fairmont Road

Marlton, Winnipeg

Property score

75.4

Good

Overall 75.4 · Older than most nearby homes

1,488 sqft (top 50%) · Built in 1945 (26 yrs older than avg)

Located in a high-income area with median household income of ~116k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 1 place of worship nearby

Living Area

Near average

6% smaller than neighborhood avg.

Year Built

Below average

26 yrs older than neighborhood avg.

Mother tongue

English · 79%Tagalog · 5%

Past 10 years Marlton sales snapshot (~80% of all data)

Sold Count

60

Median price

515k

$/sqft

$353/sqft

Avg build year

1971

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Property score

75.4 is composed by the two sections below.

Property Score

69.9Good
Living Area1,488 sqft75Good
Year Built194530Low
Lot Size22,104 sqft100Excellent
Neighbourhood Sales Activity77Good

Community Score

83.6Excellent
Household Income90Excellent
Education Level72Good
Housing Stress74Good
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

Marlton

How to read: Share of sales in each ~$50k price band for “marlton” (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: #46111101

Community deep dive

$116K

Median household income

$122K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.0

P90 / P10 ratio

16%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)511
Labour force participation rate64%
Median age46.4
Avg household size2.7
Unemployment rate9%
Population density1502 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households16%
Couple families with children37%
Median household income (2020)$116K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority14%
Bachelor's or higher (25–64)36%
Mother tongue (1st)English · 79%
Mother tongue (2nd)Tagalog · 4%

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

Rankings

Living Area

around average
1,488 sqft
0255075100
Same streetTop 32%Same areaTop 50%CitywideTop 31%
Same street · Fairmont Road
#48 / 152
Top 32% · Avg 1,366 sqft
Same area · Marlton
#107 / 215
Top 50% · Avg 1,581 sqft
Citywide · Winnipeg
#60,763 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

around average
393k
0255075100
Same streetBottom 32%Same areaBottom 34%CitywideTop 40%
Same street · Fairmont Road
#103 / 152
Bottom 32% · Avg 459.9k
Same area · Marlton
#142 / 215
Bottom 34% · Avg 479.9k
Citywide · Winnipeg
#78,073 / 194,458
Top 40% · Avg 390.1k

Year Built

below average
1945
0255075100
Same streetBottom 15%Same areaBottom 10%CitywideBottom 22%

Lot Size

Elite
22,104 sqft
0255075100
Same streetTop 20%Same areaTop 20%CitywideTop 1%

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

240 Fairmont Road — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 459 m).

Search radius
🏫Education1
Worship1

Crime & Safety

Marlton · WPS public data · 2025

Annual incidents

13

2025

vs. city avg

-56%

relative to avg

Year-over-year

-28%

vs. prior year

Primary type

Property

69%

Sales History

240 Fairmont Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 240 Fairmont Road, Winnipeg

Property Summary: 240 Fairmont Road, Winnipeg

Key Characteristics & Appeal

This is a classic, well-situated one-storey home on an exceptionally large lot in the Marlton area. Its primary appeal lies in the land itself—at over 22,000 square feet, the property size is in the top 1% for all of Winnipeg, offering immense privacy and potential. The house, built in 1945 with 1,488 sqft of living space, is a functional canvas. While the rankings show the structure itself is older and more modest compared to many in the immediate area, this presents a clear value proposition: you are acquiring a rare, sizable parcel of land with an existing home.

The property would suit two main types of buyers. First, it's ideal for a long-term visionary or builder seeking a premium lot to eventually replace or significantly expand upon the current house. Second, it suits a practical buyer who values immense outdoor space, privacy, and a solid, no-frills home over modern finishes, and who sees the charm and potential in a property with character. The rankings indicate that for the land size and neighbourhood, the assessed value is relatively accessible, suggesting the price is driven more by the lot than the structure.

Frequently Asked Questions

1. What does the ranking data actually tell me?
It shows the property's standout feature is its lot size, which is among the largest in the city. Conversely, the house is older than most in the neighbourhood. This contrast is the key dynamic of the property.

2. Is the house in need of major updates?
Given its 1945 construction, buyers should budget for updates to major aging systems (like plumbing, electrical, or the roof) and anticipate that interior finishes will reflect its era. A thorough inspection is essential.

3. What can I do with such a large lot?
The possibilities are a major draw. Beyond extensive gardening and recreation, the lot could potentially accommodate a significant addition, a separate workshop or studio, or even future subdivision, subject to city zoning approvals.

4. How does the split garage function?
A split garage typically means two separate single-car garage doors, often side-by-side. This is a period-appropriate feature that provides covered parking for two vehicles but may have limited space for modern storage or larger vehicles.

5. Why is the assessed value ranking lower than the land size ranking?
This is likely because municipal assessments consider both land and building value. The high land value is balanced by the lower value assigned to the older, modest-sized home, resulting in a total assessment that is competitive for the area.

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