CONDITIONALLY SOLD - 277 Langside Street

277 Langside Street, Winnipeg, MB R3C 1Z9

  • For Sale $4,200,000
  • Property Type Multi-Family
  • Property Size 37,884 SF
  • Units 47
  • Lot Size 0.35 Acre
  • Cap Rate % 5.08
  • NOI / YR 213124
  • Additional Rent Contact for pricing
  • # of Floors 5
  • Parking Spaces Avail. 28
  • Parking Ratio 0.74 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1974
  • Year Renovated 2004
  • Date Updated Aug 12, 2024

P3 Realty is pleased to announce the offering of this locally managed 47 suite apartment building situated in West Broadway in Winnipeg. This fully occupied apartment, built in 1974, has been meticulously maintained by its long-standing owner and will offer the next owner a steady foundation of success off which to build.

 

FEATURES

 

• 100% leased, providing a stable income, and with 47 units, this asset is of a manageable scale.

• Winnipeg's apartment market is currently experiencing remarkably low vacancy rates, making apartments a top-performing asset due to strong demand for housing.

• Clear of financing, resulting in flexible acquisition financing and repositioning potential through CMHC.

• The building features an efficient design and has been impeccably maintained by the current owner, with multiple long-term tenancies in place.

• Significant value add potential through suite renovation and capital investments.

 

Offered For Sale at $4,200,000 ($89,362 per unit) with all offers to be considered by the Vendor on or after June 21st, 2024 at 3 PM.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Brennan Pratt

P3 Realty Services Inc.

Associate, Commercial Sales & Leasing

Location

Getting Around

  • Walk Score ®

    96/100 Walker's Paradise

  • Transit Score ®

    85/100 Excellent Transit

  • Bike Score ®

    99/100 Biker's Paradise
Powered by Walk Score ®
  • City Winnipeg, MB
  • Neighborhood West Broadway
  • Postal Code R3C 1Z9

Points of Interest

  • Winnipeg

    0.99 miles

  • Inkster Junction

    6.76 miles

  • Shell

    0.16 miles

  • Esso

    0.51 miles

  • Shell

    0.59 miles

  • Husky

    0.70 miles

  • Domo

    0.98 miles

  • Shell

    1.15 miles

  • Co-op

    1.26 miles

  • Red River Co-Op

    1.26 miles

  • Co-op Gas Bar

    1.26 miles

  • Domo

    1.36 miles

  • Indigo

    0.70 miles

  • Indigo

    0.77 miles

  • 185 Smith

    0.77 miles

  • New Manitoba Clinic

    1.04 miles

  • Rail Side

    1.06 miles

  • Parcel Four

    1.07 miles

  • Emily Street Parkade

    1.15 miles

  • Long & McQuade Parking

    1.17 miles

  • Tecumseh Parkade

    1.19 miles

  • Lot A

    1.20 miles

  • Holiday Inn & Suites Winnipeg Downtown

    0.36 miles

  • Hotel Royal Plaza

    0.55 miles

  • Delta Hotels

    0.59 miles

  • Best Western Plus Downtown Winnipeg

    0.65 miles

  • Alt Hotel Winnipeg

    0.71 miles

  • alt hotel

    0.73 miles

  • Radisson Hotel Winnipeg Downtown

    0.77 miles

  • The New Balmoral Hotel

    0.81 miles

  • The Marlborough Hotel

    0.83 miles

  • Hotel Fort Garry

    0.87 miles

  • Wannabees

    0.08 miles

  • Harvey's

    0.14 miles

  • Pizza Pizza

    0.14 miles

  • Palatal Express

    0.15 miles

  • Wasabi on Broadway

    0.15 miles

  • Have a Nice Day

    0.16 miles

  • McDonald's

    0.16 miles

  • Elements: The Restaurant

    0.17 miles

  • Chosabi Asian Eatery

    0.21 miles

  • Subway

    0.24 miles

  • University of Winnipeg Furby-Langside Campus

    0.20 miles

  • Menno Simons College

    0.20 miles

  • Gordon Bell High School

    0.24 miles

  • University of Winnipeg

    0.38 miles

  • Salvation Army College for Officer Training

    0.44 miles

  • Balmoral Hall School

    0.45 miles

  • Winnipeg Adult Education Centre

    0.45 miles

  • William and Catherine Booth College

    0.47 miles

  • John M. King School

    0.54 miles

  • Mulvey School

    0.56 miles

  • River Avenue Co-operative Day Nursery

    1.06 miles

  • Montessori School

    1.32 miles

  • Norwood Nursery

    1.32 miles

  • Assiniboine Children's Centre

    2.48 miles

  • Strathmillan Children's Centre

    4.17 miles

  • Gramma Marie's

    4.17 miles

  • Aleph-Bet Child Life Enrichment Program Inc.

    4.27 miles

  • Rainbow Day Nursery

    4.63 miles

  • Leila Day Care Centre Inc.

    4.68 miles

  • River Road Child Care

    5.02 miles

Frequently Asked Questions

How much does CONDITIONALLY SOLD - 277 Langside Street cost?

The space currently listed for sale at CONDITIONALLY SOLD - 277 Langside Street asks for $4,200,000.

What is the total square footage of CONDITIONALLY SOLD - 277 Langside Street?

CONDITIONALLY SOLD - 277 Langside Street totals 37,884 square feet.

When was this property built?

CONDITIONALLY SOLD - 277 Langside Street was built in 1974.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Brennan Pratt

P3 Realty Services Inc.

Associate, Commercial Sales & Leasing