• For sale
Downtown Winnipeg Multi-Residential Merchant Development
Downtown Winnipeg Multi-Residential Merchant Development
Downtown Winnipeg Multi-Residential Merchant Development
Downtown Winnipeg Multi-Residential Merchant Development
Downtown Winnipeg Multi-Residential Merchant Development

For Sale

$14,650,000 CAD

65 Unit Purpose-Built Apartment Building

Colliers National Investment Services in Winnipeg is pleased to announce a new merchant development offering with our release of “The Hargrave”, a 65 unit purpose-built apartment building located at 50 Hargrave Street. Construction of the property is well underway and is projected to be complete in the summer of 2020 featuring an attractive mix of modern one and two-bedroom suites over six storeys with covered parking located on the main level designed to offer functional rental units in an amenity rich urban infill location. The new property is being developed by The Sunrex Group of Companies and is prominently situated near Broadway and Assiniboine Avenue and is within walking distance to all of the amenities that Downtown Winnipeg and The Forks have to offer. Currently being offered for sale on a bought deal basis at $14,650,000 ($225,400 per suite) at 80%+ occupancy with all offers to be submitted to Colliers and considered by the Vendor as received.

Property Details

Area Size
Units 65