868 125 Rte - Apartments FOR SALE


Winnipeg, MB R3L 1R2
$1,800,000 CAD
204-795-6119
868 125 Rte, Winnipeg, MB for Sale
$1,800,000 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

868 125 Rte
Winnipeg, MB R3L 1R2


HIGHLIGHTS

  • Wood frame construction built on a concrete slab
  • Pre-engineered wooden trusses and asphalt shingles
  • Electric baseboard heat and HRV unit
  • Ductless mini-split air conditioning unit in the living room
  • Stacked Samsung washer and dryers
  • Units are nearly identical in configuration

OVERVIEW

868 Jubilee Avenue is on the border of Wildwood and South Osborne, right next to the Jubilee Station, a part of Phase II of the Bus Rapid Transit system that provides fast access to both Downtown Winnipeg going North and the University of Manitoba/South Pembina corridors going South. There is grocery, schools, daycares, golf courses, parks, restaurants, and other very walkable amenities in close proximity. • The building was completed in 2020 and has been fully occupied since completion. • Unit designs are modern with large open-style kitchen/living rooms, two similarly sized bedrooms (140+ SF), one bathroom, laundry room, and master suite walk-in closet • The building is considered highly efficient as there are no interior common areas, leading to lower operating expenses. Each unit therefore has an exterior entrance, which many tenants prefer as it allows for a more personal feel to your home.

FOR SALE DETAILS

PRICE

$1,800,000 CAD

PRICE/SF

$391 CAD /SF

# OF UNITS

6

PRICE/UNIT

$300,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,708 SF

ZONING

R2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Matt OdgerColliersMore Info
204-795-6119

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Matt OdgerColliersMore Info
204-795-6119

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