399 Graham Avenue (Affordable Housing)

Multi-Family for Sale
Catylist Listing ID: 30842390
Property Subtypes: Low-Rise/Garden
Number of Units: 35 Units
Building Size (RSF): 1 SF
Gross Building Area: See Agent
Gross Land Area: 5,353 SF
Sale Price: $2,850,000
Unit Price: $81,428.57 Per Unit
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 5/12/2023

Overview / Comments

399 Graham Avenue is being offered with a similar building, 219 Vaughan Street, though the vendor will consider individual offers.

There was a portfolio price reduction from $6.12M to $5.7M as of May 9, 2023. Each property was reduced from $3.06M to $2.85M.

Both properties are prime candidates for the CMHC MLI Select program, which typically offers longer amortization periods, lower equity requirements, and other benefits.

The vendor may also consider vendor-financing for the right purchaser.

Offers will be reviewed as received.

Please contact the listing agents to discuss the property and/or book a tour.

More information can be found in the brochure below.

Financial information can be accessed by signing a confidentiality agreement through the following links:

Prospective Purchaser CA: https://apps.colliers.com/DigitalDocs/Accept/5c89a363-7c99-4e95-a890-055add539a1a

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Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 9A
Tax ID/APN: 12097690900

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Photograph of Listing Agent

Matt Odger

Colliers International
CPIX® Member
Photograph of Listing Agent

Steven Foubert

Colliers International
CPIX® Member
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