About this property

Showings start October 23. Open house Friday October 23, 12:00-2:00pm and Saturday October 24, 12:00-2:00pm. Offers October 28th, before 5:00pm. RARE ST. BONIFACE INVESTMENT OPPORTUNITY - 6 UNIT APARTMENT An exceptional opportunity to own a completely renovated 6-unit apartment property in the heart of St. Boniface! Featuring 6 one-bedroom units, this turnkey investment is ready for new tenants and offers excellent income potential in a desirable location close to restaurants, shops & transit routes. Extensively updated throughout, the property features new windows, a new roof, new kitchens, new bathrooms, new appliances & HRV systems for improved ventilation. Situated on a generous 7,584 sq. ft. lot, the property also offers attractive green space at the rear and dedicated parking for six vehicles. With rents registered with the Residential Tenancies Branch (RTB), this property offers investors an opportunity to capitalize on established rental rates, low St Boniface vacancy rates and strong income potential. An impressive 8.4% capitalization rate based on registered RTB rents makes this a compelling addition to any investment portfolio in one of Winnipeg's most desirable neighbourhoods. Recent Improvements: - Roof (Torch-On) - 2023 - Windows - 2025 - Electrical & Plumbing - 2025 - Kitchens - 2026 - Bathrooms - 2026 - Flooring - 2026 - New Appliances - 2026 - Electric Baseboards - 2026 - HRV's In Each Suite -2026 - Painting - 2026 Ready For Leasing! (id:13843)

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