Rick and Karl Jansen - (204) 797-7164

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Residential in Winnipeg

$108,900.00
498 Flora Avenue - MLS® #: 202113022
  • (120)
  • 117
  • 130
  • 0 Bedrooms
  • 0 Bathrooms
  • - Sq Ft
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Rick and Karl Jansen
Contact Agent
(204) 797-7164

Property Type

Residential

Description

HUGE PRICE REDUCTION. Calling all developers. Big lots this size are rarely available. City supports 6-plex with reduced parking, potentially 8-plex build opportunity (or more if creative). City also supports subdivision and construction of two triplexes. Here is an opportunity to build brand new multifamily units with massive lot size. Double lot. Lot is 50X150 giving you a total sqft lot size of 7357. $19,983 per unit of land and potentially for less if more units are approved. Build, refinance and pull your equity out or keep your investment in the properties and cash flow high, you decide. See city's comments and support via supplements for further information

Property Details

Subarea
North End

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Listing data last updated date: 2021-07-21 19:31:03

Copyright 2010 by the Winnepeg Real Estate Board Cooperative Ltd. and the REALTORS Association of Winnepeg. All Rights Reserved.

Listing Agent: Royce Finley

Brokerage: Royal LePage Prime Real Estate