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180 Balmoral St 7 Unit Apartment Building $299,900 CAD ($42,843 CAD/Unit) 8.34% Cap Rate Winnipeg, MB R3C 1X6
Investment Highlights
- Located in West Broadway, one of Winnipeg’s top-performing multi-family rental markets.
- Coin-operated commercial laundry system adds income potential.
- Recent capital improvements.
- In proximity to the University of Winnipeg, and other cultural landmarks.
Executive Summary
Recent capital improvements include newer shingles and A/C, newer forced air high efficiency furnace, hot water tank, main electrical panel and new sub panel, and a new commercial coin op washing machine ($1,750 value).
Property Facts
| Price | $299,900 CAD | Property Subtype | Apartment |
| Price Per Unit | $42,843 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 8.34% | Building Size | 7,000 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Price | $299,900 CAD |
| Price Per Unit | $42,843 CAD |
| Sale Type | Investment |
| Cap Rate | 8.34% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 7,000 SF |
| No. Stories | 2 |
| Year Built | 1900 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+2 | 1 | - | - |
1 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (72)
Bike Score®
Biker's Paradise (99)
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Videos
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Photos
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180 Balmoral St
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