Property score
59.4
Fair
Overall 59.4 · Smaller and older than most nearby homes
1,090 sqft (bottom 29%) · Built in 1970 (6 yrs older than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 1 healthcare facility, 3 shops, and 4 parks nearby
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 76%Punjabi · 2%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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59.4 is composed by the two sections below.
Property Score
Community Score
River East
How to read: Share of sales in each ~$50k price band for “river east” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110744
$77K
Median household income
$94K
Average household income
8%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
40%
Single-person households
18%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
240 Fortier Avenue — 12 amenities found within 500 m, across 4 categories, including 4 dining (nearest 224 m), 1 healthcare (nearest 196 m), 3 shopping (nearest 284 m).
River East · WPS public data · 2026
Annual incidents
17
2026
vs. city avg
-42%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
71%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 31% | Bottom 13% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 240 Fortier Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 240 Fortier Avenue in River East is a study in solid, middle-of-the-road value. Built in 1970, it features 1,090 square feet of living space on a notably generous 6,202 square foot lot. With an assessed value of $347k, it sits comfortably around the average for its street and the wider city, while being priced below the average for the River East neighborhood itself. This creates a subtle value proposition: you're acquiring a property with a larger-than-average yard in a neighborhood where it is assessed for less than many peers.
The primary appeal lies in its balance and potential. The lot size is a standout, offering more outdoor space than most comparable homes in Winnipeg, which is ideal for gardening, play, or future expansion. It suits practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize space and a stable investment over high-end finishes or a brand-new build. It’s a home for someone who sees a sturdy foundation and appreciates the financial headroom of a property valued below its immediate area's average, allowing for personalization without overcapitalizing.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value ($347k) is for municipal tax purposes and is a historical snapshot. The last known sale was between $250k-$300k in March 2018. The selling price will be determined by current market conditions, the home's state, and buyer demand.
2. Is the living space small for the neighborhood?
At 1,090 sq ft, it is below the River East neighborhood average (1,399 sq ft). However, it is very close to the average for its own street (1,139 sq ft) and near the citywide average. It represents a typical size for many Winnipeg homes from its era.
3. What does the large lot size mean for me?
The 6,202 sq ft lot is above average for the city. This offers more privacy, outdoor utility, and future potential (like a shed, deck, or addition) than many properties in this price range. It's a key feature that may offset the modest interior square footage.
4. The home is older. What should I consider?
Built in 1970, it is of a typical age for the area. Buyers should budget for a thorough inspection focusing on aging components like the roof, windows, plumbing, and electrical systems, which may be due for updates or replacement.
5. How can I get the exact past sale price?
The provided data shows a sale price range. Due to industry rules, exact historical sale figures are not published automatically. You can request the exact sold price history by emailing the site directly for a manual lookup.
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