Property Investment / Development Opportunity

Multi-Family for Sale
Catylist Listing ID: 30817573
Property Subtypes: Low-Rise/Garden, Mid-Rise
Building Status: Proposed
Number of Units: 48 Units
Building Size (RSF): 56,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.29 Acres
Sale Price: $1,300,000
Unit Price: $27,083.33 Per Unit
Property Use Type: Investment
Building Name: Northcott Grove Residences
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/27/2023

Overview / Comments

Avison young is pleased to offer for sale 100% interest in Northcott Grove Residences. A shovel ready development property located in the south west corner of 1st Street North and Centre Avenue in Brandon, MB.

The property is offered for sale at $ 1,300,000 plus GST (100% Share sale of bare trustee company (Land Transfer Tax Savings) (Offered for sale at just over $ 27,000 per unit)

All offers are welcome!

Additional Details

Nearest MSA: Brandon
Market: Winnipeg
Tax ID/APN: 346759.000
Zoning: CG

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Photograph of Listing Agent

Reno Augellone

Avison Young Commercial R. E. (Manitoba)
CPIX® Member
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