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  • 199 Cheema Drive in Winnipeg: Multi-family for sale : MLS®# 202504729

    199 Cheema Drive Winnipeg R3C 2E6
    Main Photo: 199 Cheema Drive in Winnipeg: Multi-family for sale : MLS®# 202504729

    199 Cheema Drive Winnipeg R3C 2E6

    $4,435,000
    Multi-family
    Status:
    Active
    MLS® Num:
    202504729
    4L//Winnipeg/Offers due Mon, Mar 31st, to be left open for 3 days. SOLID, VERSATILE INVESTMENT OPPORTUNITY WITH MULTIPLE EXIT STRATEGIES. 11 brand-new townhouses (3 bed, 2.5 bath) on separate titles, sold as one block in Castlebury Meadows, one of Winnipeg s most desirable new neighbourhoods. Proven rental income with nearly identical units in an adjacent building renting for $2100/month and EXTREMELY LOW VACANCY. High appreciation and forced value-add potential, including finished basements that add up to $1000/month per unit (*not legal secondary suites*) and potential garage additions, adding up to $200/unit. CAP RATE STARTS AT 4.75% and VARIES BASED ON ADD-ONS, which can significantly increase property value and rental income. Highly flexible investment ideal for REITs or PARTNERSHIPS, offering multiple EXIT STRATEGIES. If a partner wants out, simply sell a unit and retain the rest, maintaining cash flow and equity growth. Long-term play perfect for BUY-AND-HOLD, or create a strategy where you sell them off 1 by 1.... Serious investors only. 3 month possession. Inquire for pro forma. (id:2493) More details
    Listed by RE/MAX One Group
    LISTING DETAILS

  • 199 Cheema Dr in Winnipeg: Multi-family for sale : MLS®# 67dc195c4d55144a6339f05e

    199 Cheema Dr Winnipeg R2R 3B3
    Main Photo: 199 Cheema Dr in Winnipeg: Multi-family for sale : MLS®# 67dc195c4d55144a6339f05e

    199 Cheema Dr Winnipeg R2R 3B3

    $4,435,000
    Multi-family
    Status:
    Active
    MLS® Num:
    67dc195c4d55144a6339f05e
    Offers due Mon, Mar 31st, to be left open for 3 days. SOLID, VERSATILE INVESTMENT OPPORTUNITY WITH MULTIPLE EXIT STRATEGIES. \n\n11 brand-new townhouses (3 bed, 2.5 bath) on separate titles, sold as one block in Castlebury Meadows, one of Winnipeg’s most desirable new neighbourhoods. \n\nProven rental income with nearly identical units in an adjacent building renting for $2100/month and EXTREMELY LOW VACANCY. High appreciation and forced value-add potential, including finished basements that add up to $1000/month per unit (*not legal secondary suites*) and potential garage additions, adding up to $200/unit. \n\nCAP RATE STARTS AT 4.75% and VARIES BASED ON ADD-ONS, which can significantly increase property value and rental income. Highly flexible investment ideal for REITs or PARTNERSHIPS, offering multiple EXIT STRATEGIES. If a partner wants out, simply sell a unit and retain the rest, maintaining cash flow and equity growth.\n\nLong-term play perfect for BUY-AND-HOLD, or create a strategy where you sell them off 1 by 1.... Serious investors only. 3 month possession. Inquire for pro forma. (id:2493) More details
    Listed by RE/MAX One Group
    LISTING DETAILS

  • 277 Provencher Boulevard in Winnipeg: Multi-family for sale : MLS®# 202503029

    277 Provencher Boulevard Winnipeg R2H 0G6
    Main Photo: 277 Provencher Boulevard in Winnipeg: Multi-family for sale : MLS®# 202503029

    277 Provencher Boulevard Winnipeg R2H 0G6

    $699,000
    Multi-family
    Status:
    Active
    MLS® Num:
    202503029
    2A//Winnipeg/Showings begin today, offers as received *** PRICE IMPROVEMENT *** Fully rented out five plex that offers you the ability to move in and live for free or start your investment journey here! This property offers one 2bedroom, two 1bedrooms and two bachelor suites with positive cashflow. Simply incredible opportunity here on Provencher Boulevard! Five-plex that is fully rented in an excellent area. Great street exposure, across the park and excellent walkability to transit, restaurants and nightlife. Easy access to downtown for a hockey game! Think about the potential here; you could owner occupy at some point, you could keep as an investment property to generate income, and you could potentially redevelop the land - limitless potential here! With excellent cashflow and further potential, you'll have to check it out in person to see why this one is a winner! Nearly 2200sqft - One 2 bedroom, Two 1 bedrooms and 2 bachelor suites that are all rented and with little fluctuations and almost zero vacancy. Parking out back (one stall each) plus a garage you can use for storage. Lots of side yard space for the summer! Don't miss out on this opportunity! (id:2493) More details
    Listed by RE/MAX One Group
    LISTING DETAILS
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Data was last updated March 30, 2025 at 08:15 AM (UTC)
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