Address
498 Flora AVE Winnipeg, MB
Price
$ 119,900
Property Attributes
  • ID#202113022
  • TypeLand
  • CityWinnipeg
  • NeighbourhoodNorth End
  • Postal CodeR2W 2S1
  • Style
  • Price$ 119,900
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
ROYCE FINLEY with Royal LePage Prime Real Estate
Data Source:
RLP - CREA EN
Property Description

HUGE PRICE REDUCTION. Calling all developers. Big lots this size are rarely available. City supports 6-plex with reduced parking, potentially 8-plex build opportunity (or more if creative). City also supports subdivision and construction of two triplexes. Here is an opportunity to build brand new multifamily units with massive lot size. Double lot. Lot is 50X150 giving you a total sqft lot size of 7357. $19,983 per unit of land and potentially for less if more units are approved. Build, refinance and pull your equity out or keep your investment in the properties and cash flow high, you decide. See city's comments and support via supplements for further information.

Exterior Features

Lot Frontage 50
Jumpid 15154543
Mls 202113022

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in R2W 2S1

Price
AVG $120K
$120K
Visits
AVG 67
66
Walkscore
AVG 60
60
Data Provided by Walkscore ® not using MLS data