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Property Facts

Price $1,920,500 - $5,220,500 CAD
Sale Type Investment or Owner User
No. Lots 2
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Public Park
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 4.23 AC
Zoning CMU - Commercial Mixed Use

2 Lots Available

Lot Lot 2

Price $3,300,000 CAD
Price Per AC $1,289,062.50 CAD
Lot Size 2.56 AC

CONDITIONALLY SOLD Lot 2 Plan 74635 Zoning: RFM-M

Lot Lot 3

Price $1,920,500 CAD
Price Per AC $1,150,000.00 CAD
Lot Size 1.67 AC

Lot 3 Blk 2 Zoning: CMU

Description

Shovel-Ready Multi-Family Land for Sale in Winnipeg’s Newest Mixed-Use Development Rare opportunity to acquire shovel-ready, multi-family land in one of Winnipeg's most exciting new master-planned communities. Located at the southeast corner of Marion Street and Archibald Street in St. Boniface, the Water Tower District is a 165-acre mixed-use community being developed by Olexa Developments Ltd. on the former Canada Packers/Public Markets site. With plan approval already secured for 2,800 multi-family units — including traffic, water, and waste approvals — site services are completed, and developers can move directly from acquisition to construction. Several parcels are already conditionally sold, making this a time-sensitive opportunity for developers looking to establish a presence in this high-demand corridor. The district is designed around walkability, transit, and community living. With eight transit stops within the development, 150,000+ SF of planned on-site retail, and over 22 acres of parks and green space, the Water Tower District offers everything future tenants need within their neighbourhood. A fully signalized intersection, active transportation paths throughout, and direct access to major highway routes make this one of the best-connected development sites in the city. Situated just minutes from Downtown Winnipeg, St. Boniface General Hospital, and several post-secondary institutions, the Water Tower District sits within a strong and growing urban market. With 90 acres of adjacent employment lands supporting approximately 700 jobs, developers can be confident in durable, long-term rental demand from the moment their doors open.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 35491810

  • Date on Market: 2025-04-15

  • Last Updated:

  • Address: Southeast Corner of Marion Street & Archibald Stre, Winnipeg, MB R2J 0X8

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