Catylist ID:
#30860173
515 McMillan Avenue
Multi-Family
for Sale
Sale Pending/Contingent
Catylist Listing ID: | 30860173 |
Status: | Pending/Contingent |
Number of Units: | 6 Units |
Building Size (RSF): | 6,032 SF |
Gross Land Area: | 6,032 SF |
Sale Price: | $2,250,000 |
Unit Price: | $375,000 Per Unit |
Property Use Type: | Investment |
Sale Terms: | Undisclosed |
Cap Rate: | Undisclosed |
Last Updated: | 11/28/2023 |
Overview / Comments
The Cushman & Wakefield | Stevenson Investment Team (“CWSIT”) is pleased to offer for sale a 100% freehold interest in 515 McMillan Avenue in Winnipeg, MB (the “Property”). The Property is a luxury, three-story apartment block consisting of six spacious two-bedroom, two-bathroom suites, newly constructed in 2017. This ideally located opportunity is situated in the heart of Crescentwood, just southwest of Downtown Winnipeg, bordering the bustling Osborne Village. Crescentwood is known for its tree-lined streets, historic homes and a quiet residential atmosphere where residents enjoy its beautiful parks and green spaces. The Property has been well-maintained with current rents below market rates, offering an attractive value-add opportunity for a prospective purchaser. The Property is being offered for sale by the Vendor on an as-is, where-is basis by its virtue of its Power of Sale. |
Attachments & Media
Additional Details
Nearest MSA: | Winnipeg |
Market: | Winnipeg |
Tax ID/APN: | 12021599000 |
Zoning: | R2 |
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