avison young corporate sponsor 684 & 686 toronto street, garden:low rise, 686 toronto street, wi
DESCRIPTION
FOR SALETRANSCRIPT
684 & 686
Partnership. Performance.
TORONTO STREETWINNIPEG, MB
MULTI-FAMILY FOR SALE
Opportunity7 newly renovated suites with walk-up access in a central location close to the Health Science Centre.
Todd LabelleAssociate204.947.3423 ext. [email protected]
Jess DavisAssociate 204.947.3423 ext. [email protected]
684 & 686 Toronto Street
Partnership. Performance.
Todd Labelle204.947.3423 ext. [email protected]
Jess Davis204.947.3423 ext. [email protected]
Please contact the agents below for more information
Avison Young Commercial Real Estate (Manitoba) Inc.330 Portage Avenue, Suite 1000, Winnipeg, Manitoba R3C 0C4The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.
Details and Highlights• Close to Health Science Center and easy access to all
amenities
• Fully renovated turn key investment
• 3 1/2 -storey apartment building
• Masonry construction
• Built in 1913
• Adjacent parking lot
• Each unit separately owned as a condominium
• Condominium Corp registered with Land Titles and Condo Declaration in place
• Unit mix: 3 one-bedroom and 4 two-bedroom units
• Lot size: 2,665 sf – improved site 2,734 sf – parking lot
• Legal desc.: SP Lots 26 and 27 Plan 33253 WLTO in RL 68 and 71 Parish of St. James
• Zoning: RR2
• 2014 Assessment: $892,000 – all residential units combined $54,700 – parking lot
• 2014 Taxes: $11,608.47 – all residential units combined $879.86 – parking lot
• Projected N.O.I.: $63,495
• N.O.I. per suite: $9,070
• Listed at 7.25% Cap
• Ability to finance at a lower interest rate through CMHC given all units are condominiums
• Offered at: $875,000
List of Renovations• New paint throughout
• New lighting throughout
• New tile in bathrooms and some hallways
• New flooring in some suites and new baseboards throughout
• Refurbished stairwells with new stain, carpeting and tile
• New energy efficient heating with multi-zone programmable thermostat in each suite
• New heaters in common areas
• New appliances (fridge/stove)
• New air conditioning units in each suite
• New Maytag coin operated machines in laundry room
• New window coverings in each suite
• New doors in suites
• The suites have plumbing for in-suite washer/dryer (all except basement suite). Installed new safety drains in each suite to prevent flooding in case of overflow
• New tub surround in some suites with new shower heads throughout. Some new taps in some suites
• New locks with deadbolts on each suite
• Refurbished all windows (windows are approximately 5 years old)
• Installed burglar bars on basement windows
• Electricians moved exposed armored wiring and ran wire through the walls/ceilings in each suite, making suites safer – especially for children
DemographicsSite Map686 toronto st Prepared by Wes Schollenberg686 Toronto St, Winnipeg, Manitoba, R3E Latitude: 49.899454Ring: 1, 2, 3 Miles Longitude: -97.163751
November 19, 2014
©2014 Esri
1M
2M
2007 2012 20171 MilePopulation 41,602 43,137 44,882
Households 17,517 18,521 19,612
Household Income $29,224 $43,233 $50,259
Median Age 35 35 35
2 MilesPopulation 112,524 116,504 120,381
Households 51,318 53,680 56,235
Household Income $33,992 $35,858 $39,768
Median Age 36 37 38
3 MilesPopulation 213,401 218,648 221,997
Households 95,637 98,880 101,868
Household Income $39,732 $41,868 $46,541
Median Age 37 37 38
3M
684 & 686 Toronto Street
Partnership. Performance.
Todd Labelle204.947.3423 ext. [email protected]
Jess Davis204.947.3423 ext. [email protected]
Please contact the agents below for more information
Avison Young Commercial Real Estate (Manitoba) Inc.330 Portage Avenue, Suite 1000, Winnipeg, Manitoba R3C 0C4The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.
Aerial Map
Pictures
avisonyoung.com
©2014 Avison Young (Canada) Inc. All rights reserved.
IntelligentReal EstateSolutions
The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.
684 & 686 Toronto Street