R5R Apartment Buildings for Sale

Apartment Buildings for Sale Within 10 kilometers of R5R

130-Suite Multifamily Offering

Multifamily for Sale
Price Upon Request
87,540 SF
2 Multifamily Properties

Winnipeg Portfolio of properties for Sale

Portfolio offering that consists of two adjacent multifamily buildings totaling 130 suites in one of Winnipeg’s strongest rental submarkets, the Transcona neighborhood. Widlake Manor (704 Kildare Avenue East) and Kildare Manor (708 Kildare Avenue East) feature an attractive suite mix of one- and two-bedroom units, delivering operational stability combined with future growth potential. Situated on 2.85 acres, the properties benefit from direct access to Kildare Avenue East and proximity to numerous community amenities, retail services, and public transit routes. The neighborhood enjoys historically low vacancy rates—currently as low as 0.7%—supporting sustained rental demand. Both buildings are well-maintained with block veneer masonry exteriors, updated roofing systems, PVC windows, and upgraded mechanical systems including Lochinvar boilers replaced in 2015 and 2016. Investors will value the portfolio’s assumable CMHC financing at below-market interest rates, steady in-place income, and compelling upside through suite renovations and repositioning. Current rents remain below market, presenting an opportunity to elevate performance across both assets.