Catylist ID:
#30781840
| Catylist Listing ID: | 30781840 |
| Property Subtypes: | Multi-Family, Office, Retail, Other |
| Gross Land Area: | 2.15 Acres |
| Sale Price: | $3,750,000 |
| Unit Price: | $1,744,186 Per Acre |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 8/17/2022 |
Overview / Comments
|
The Offering CW Stevenson Inc., operating as Cushman & Wakefield | Stevenson (“CWS”), is pleased to offer for sale a 100% freehold interest in 748 Keewatin Street in Winnipeg, MB (the “Property”) on behalf of The Roman Catholic Archiepiscopal Corporation of Winnipeg & The Trustees of the Roman Catholic Parish of St. Peter (the “Vendor”). The Property, currently improved with a 16,100 sf single-story structure occupied by St. Peter’s Church Roman Catholic Church, represents an excellent, large-scale infill opportunity for a developer to acquire, re-zone and increase the density of the Property by developing a medium-to-high density multi-family or mixed-use project, adding supply to an underserved node for rental product in Winnipeg. CWS, through this sale process, is pleased to be able to help the Vendor and the Parish of St. Peter achieve their next milestone of developing a new church on the lands they previously acquired on Inkster Boulevard near Route 90. Large-scale rare infill opportunity with high exposure on a major thoroughfare and transit route Potential to rezone to RMU or RMF-L to build a medium-to-high density multi-family or mixed-use project commercial/retail Historically low financing rates and currently available CMHC programs help make potential projects especially viable Demand for new rental housing lack of new rental housing supply in NW node |
Attachments & Media
Additional Details
| Nearest MSA: | Winnipeg |
| Market: | Winnipeg |
| Tax ID/APN: | 14097504200 |
| Zoning: | R1-M |
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