Lots off Jubilee Avenue For Sale

Vacant Land for Sale
Catylist Listing ID: 30823207
Property Subtypes: Multi-Family
Gross Land Area: 1.40 Acres
Sale Price: $3,475,000
Unit Price: $2,482,142 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/2/2022

Overview / Comments

Within steps of the already developed Jubilee Rapid Transit station, tenants will have access to rapid transit and the active transportation systems at their doorstep putting them within minutes of both downtown and South Winnipeg.

Services are already to the lot-line, and a geothermal system is in place for developers to utilize, reducing heating costs by 20% to 50% (MB Government). Developers may qualify for CMHC’s MLI Select program with the energy efficiency provided by the geothermal system.

Lot 2 is (+/-) 1.40 acres and approved for 139 units and can be up to 190' in height. May be purchased separately or with Lot 1.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 1AW
Tax ID/APN: 12097679100
Zoning: RFML
Property Located Between: Rathgar and Jubilee
Largest Nearby Street: Jubilee Avenue

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Contact

Photograph of Listing Agent

Jane Geraldine Arnot Personal Real Estate Corporation

RE/MAX PROFESSIONALS
CPIX® Member
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