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Main - Main Street & Commonwealth Avenue 0.52 Acres of Commercial Land Offered at $780,000 CAD in Winnipeg, MB R2V 4T6
INVESTMENT HIGHLIGHTS
- Positioned on a high-traffic corridor with 49,400 daily vehicles.
- Located in a growing trade area with rising household incomes.
- Serviced to the property line with strong transit connectivity.
- Zoned for residential, mixed-use, and commercial development.
- Minutes from downtown Winnipeg and major retail centers.
- Surrounded by schools, parks, and healthcare amenities.
EXECUTIVE SUMMARY
This 0.52-acre multifamily development site offers a rare opportunity to acquire a well-located land assembly in Winnipeg’s thriving West Kildonan neighborhood. Positioned along Commonwealth Avenue just north of Chief Peguis Trail, the property benefits from high visibility, strong transit access, and proximity to a robust residential and retail node. With zoning that includes R1 Residential, Mixed-Use, and C2 Commercial, the site supports a range of development options including low-rise multifamily, townhomes, or mixed-use residential with ground-floor retail.
The surrounding community is well-established and rapidly growing, with a combined population of over 86,000 across West Kildonan, Garden City, and The Maples. Household incomes in the area are projected to rise from $99,044 to $133,978 by 2030, underscoring the area’s appeal for new housing. The site is minutes from downtown Winnipeg, the Perimeter Highway, and major retail anchors including Kildonan Place Shopping Centre and the McPhillips retail node.
With approximately 49,400 vehicles passing daily, the property offers exceptional exposure and access to Winnipeg Transit. Its location within the Rivergrove retail node and adjacency to schools, parks, and healthcare facilities makes it ideal for residential developers seeking a high-demand, amenity-rich environment. The parcel is offered at $780,000 and includes services to the property line, ready for immediate planning and development.
The surrounding community is well-established and rapidly growing, with a combined population of over 86,000 across West Kildonan, Garden City, and The Maples. Household incomes in the area are projected to rise from $99,044 to $133,978 by 2030, underscoring the area’s appeal for new housing. The site is minutes from downtown Winnipeg, the Perimeter Highway, and major retail anchors including Kildonan Place Shopping Centre and the McPhillips retail node.
With approximately 49,400 vehicles passing daily, the property offers exceptional exposure and access to Winnipeg Transit. Its location within the Rivergrove retail node and adjacency to schools, parks, and healthcare facilities makes it ideal for residential developers seeking a high-demand, amenity-rich environment. The parcel is offered at $780,000 and includes services to the property line, ready for immediate planning and development.
PROPERTY FACTS
| Price | $780,000 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 0.52 AC |
| No. Lots | 1 | Cross Streets | Commonwealth Ave |
| Property Type | Land | ||
| Zoning | C2/R1-E - community, mixed use, residential | ||
| Price | $780,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.52 AC |
| Cross Streets | Commonwealth Ave |
| Zoning | C2/R1-E - community, mixed use, residential |
1 LOT AVAILABLE
Lot
| Price | $780,000 CAD | Lot Size | 0.52 AC |
| Price Per AC | $1,500,000.00 CAD |
| Price | $780,000 CAD |
| Price Per AC | $1,500,000.00 CAD |
| Lot Size | 0.52 AC |
1 1
CONTACTS
-
Bryn Oliver -
Trevor Clay -
Luke Paulsen -
Capital Commercial Real Estate Services Inc.
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Main - Main Street & Commonwealth Avenue
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