5,223 ft²Land / Multifamily$225,000Sale
Offered for sale is an exceptional parcel of vacant land, ideally situated for the development of a multi-family residential complex. Located in the heart of Winnipeg, this property boasts a strategic position within a thriving community, offering convenience, accessibility, and a desirable living environment. This property enjoys proximity to essential amenities such as schools, shopping centers, parks, and public transportation hubs. Formerly occupied by a 20-unit apartment building, this redevelopment site presents an excellent opportunity for the construction of a multi-family residential development. The property benefits from established infrastructure, including access to utilities such as water, electricity, and sewage, streamlining the development process and ensuring seamless integration with municipal services. Current owner has engaged in constructive dialogues with the City of Winnipeg and has garnered favourable responses regarding the potential rezoning for multi-family use, contingent upon the implementation of affordable rental units.
Site Dimensions: 53' x 98'