204-943-5700

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Multi-Family - FOR SALE
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130-Suite Multifamily Offering
Winnipeg, MB


HIGHLIGHTS

  • Portfolio of two multifamily buildings totaling 130 suites in Winnipeg’s established Transcona neighborhood.
  • Historically low submarket vacancy rates and sustained rental demand.
  • Upgraded heating systems, roofs, and mechanicals, providing strong operational reliability.
  • Excellent suite mix of one- and two-bedroom units with significant rent growth potential.
  • Located near schools, parks, retail amenities, and along a major public transit corridor.
  • Canada Mortgage and Housing Corporation financing available with attractive terms.

OVERVIEW

Portfolio offering that consists of two adjacent multifamily buildings totaling 130 suites in one of Winnipeg’s strongest rental submarkets, the Transcona neighborhood. Widlake Manor (704 Kildare Avenue East) and Kildare Manor (708 Kildare Avenue East) feature an attractive suite mix of one- and two-bedroom units, delivering operational stability combined with future growth potential. Situated on 2.85 acres, the properties benefit from direct access to Kildare Avenue East and proximity to numerous community amenities, retail services, and public transit routes. The neighborhood enjoys historically low vacancy rates—currently as low as 0.7%—supporting sustained rental demand. Both buildings are well-maintained with block veneer masonry exteriors, updated roofing systems, PVC windows, and upgraded mechanical systems including Lochinvar boilers replaced in 2015 and 2016. Investors will value the portfolio’s assumable CMHC financing at below-market interest rates, steady in-place income, and compelling upside through suite renovations and repositioning. Current rents remain below market, presenting an opportunity to elevate performance across both assets.

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Trevor ClayCapital Commercial Real Estate Services Inc.More Info
204-943-5700

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Trevor ClayCapital Commercial Real Estate Services Inc.More Info
204-943-5700

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