28 Woodrow Pl

Winnipeg, MB, R3G 1J3

0 Bed
Bath
Sqft
Multifamily

$1,920,000

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A rare opportunity to own a character block on the banks of the Assiniboine River overlooking a tree lined River Heights neighbourhood to the South, and the laid back trendy Wolseley neighbourhood to the West. The traditionally low vacancy rates in the area make it attractive for professionals and hospital staff ensuring attractive rental rates and stability.The Winnipeg Condominium Corporation #74 (WCC 744) Board of Directors has decided to sell their units as a block, as the building requires the following structural work to be completed as per the Crosier Kilgour & Partners Ltd. structural assessment report on the building:- Piling: $750,000- Foundation Repair: $150,000- Waterproofing exterior foundation walls: $100,000- Exterior wall crack repair and mortar joint repointing: $120,000The total estimated cost to complete the work is $1,120,000. Prospective buyers will have access to all information available located in a Dropbox folder and are encouraged to seek their own qualified advisors for opinions with respect to financing, renovation estimates, and legal counsel.Once the investment in the structural stabilization has been completed, the new owner will own a 20 suite apartment block with a superbly located address on the river with beautiful views, on a quiet street across from an elementary school and a short walk to bus, hospital, restaurants, and amenities of the Sherbrook Strip. (id:32586)

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Property Details

Price Details
List Price	$1,920,000
Home Facts
Bedrooms	0
Bathrooms
Property Type	Multifamily
Agent Details
Primary Agent	Wes Schollenberg Broker
Primary Broker	Avison Young
Secondary Agent	Steven Paulus
Secondary Broker	Avison Young
Listing Details
Days on REW	54 Days
Property Views	39
MLS® Number	30332548-1

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1.25%
/mo
5 Year

Dominion Lending Centres

1.25%
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5 Year

1.54%
/mo
3 Year

Dominion Lending Centres

1.54%
/mo
3 Year

1.59%
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2 Year

Dominion Lending Centres

1.59%
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2 Year

1.84%
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1 Year

Dominion Lending Centres

1.84%
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1 Year

1.99%
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5 Year

Dominion Lending Centres

1.99%
/mo
5 Year

2.24%
/mo
7 Year

Dominion Lending Centres

2.24%
/mo
7 Year

2.79%
/mo
10 Year

Dominion Lending Centres

2.79%
/mo
10 Year

Advertised rates are not guaranteed and the rate provided by any financial institution listed, or any approval or decline you receive, will be based solely on your personal situation. The advertised rates are provided as guidance only and the accuracy of these rates is not guaranteed. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.