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868 Jubilee Av 6 Unit Apartment Building $1,800,000 CAD ($300,000 CAD/Unit) Winnipeg, MB R3L 1R2
INVESTMENT HIGHLIGHTS
- Wood frame construction built on a concrete slab
- Electric baseboard heat and HRV unit
- Stacked Samsung washer and dryers
- Pre-engineered wooden trusses and asphalt shingles
- Ductless mini-split air conditioning unit in the living room
- Units are nearly identical in configuration
EXECUTIVE SUMMARY
868 Jubilee Avenue is on the border of Wildwood and South Osborne, right next to the Jubilee Station, a part of Phase II of the Bus Rapid Transit system that provides fast
access to both Downtown Winnipeg going North and the University of Manitoba/South Pembina corridors going South. There is grocery, schools, daycares, golf courses, parks,
restaurants, and other very walkable amenities in close proximity.
• The building was completed in 2020 and has been fully occupied since completion.
• Unit designs are modern with large open-style kitchen/living rooms, two similarly sized bedrooms (140+ SF), one bathroom, laundry room, and master suite walk-in closet
• The building is considered highly efficient as there are no interior common areas, leading to lower operating expenses. Each unit therefore has an exterior entrance, which many tenants prefer as it allows for a more personal feel to your home.
access to both Downtown Winnipeg going North and the University of Manitoba/South Pembina corridors going South. There is grocery, schools, daycares, golf courses, parks,
restaurants, and other very walkable amenities in close proximity.
• The building was completed in 2020 and has been fully occupied since completion.
• Unit designs are modern with large open-style kitchen/living rooms, two similarly sized bedrooms (140+ SF), one bathroom, laundry room, and master suite walk-in closet
• The building is considered highly efficient as there are no interior common areas, leading to lower operating expenses. Each unit therefore has an exterior entrance, which many tenants prefer as it allows for a more personal feel to your home.
PROPERTY FACTS
| Price | $1,800,000 CAD | Building Class | B |
| Price Per Unit | $300,000 CAD | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 7,708 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment | Parking Ratio | 0.78/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R2 - Multi-Family | ||
| Price | $1,800,000 CAD |
| Price Per Unit | $300,000 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.18 AC |
| Building Size | 7,708 SF |
| No. Stories | 2 |
| Year Built | 2022 |
| Parking Ratio | 0.78/1,000 SF |
| Zoning | R2 - Multi-Family |
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 |
|---|---|---|---|
| 2+1 | 6 | $1,572 CAD | 792 |
1 1
Walk Score®
Very Walkable (77)
Bike Score®
Biker's Paradise (93)
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868 Jubilee Av
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