1 Mayfair Pl - Specialty FOR SALE


Winnipeg, MB R3L 0A4
$750,000 CAD
204-781-9823
1 Mayfair Pl, Winnipeg, MB for Sale
$750,000 CAD
Specialty - FOR SALE
1/1
null | Request Cap Rate

1 Mayfair Pl
Winnipeg, MB R3L 0A4


HIGHLIGHTS

  • Previously operated as a group home with ±40 residents
  • Strong value-add potential to take advantage of affordable housing and CMHC financing incentives.
  • Site is a prime multifamily redevelopment opportunity.
  • Possibility to generate interim holding income during redevelopment process.
  • Vendor financing available for qualified purchasers.

OVERVIEW

1 Mayfair Place is a riverfront property that is ideally situated between Osborne Village and Downtown Winnipeg, and is surrounded by community amenities and major transportation corridors. The property was previously operated as a 40-person group home, and now offers significant value-add potential to renovate and reposition the building to a higher rental standard. This RMF-M zoned site offers a prime multifamily redevelopment opportunity suitable for a mix of housing types, from market rate apartments to affordable housing. Qualified purchasers can take advantage of attractive financing through CMHC and/or a vendor take-back mortgage.

FOR SALE DETAILS

PRICE

$750,000 CAD

PRICE/SF

$90 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

RMF-M

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Steven FoubertColliersMore Info
204-781-9823

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Steven FoubertColliersMore Info
204-781-9823

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.