755 Luxton Place Winnipeg, Manitoba R2X 1N2
$699,900
4C//Winnipeg/OTP 5/29 at 3 p.m. Looking for a project with serious upside potential? This 7-unit multifamily property is a true blank canvas and with THREE city lots on title, multifamily zoning, and vacant possession available, the options here are wide open. Does the value lie in the land itself, with a larger redevelopment vision? Or do you keep the existing building and complete a substantial renovation to increase rental income through a BRRR-style strategy? Currently configured with 2, 2-bedroom suites, 4, 1-bedroom suites and 1 bachelor suite, this property has been a solid, predictable income generator for its long-time owner. There is also a large basement that may offer further development potential, along with ample rear parking & plug-in stalls. The location adds to the appeal, with public transportation just steps away, easy access to downtown and green space right next door. Whether you re looking to expand your portfolio, reposition an income property, or investigate future development possibilities, this is the kind of opportunity investors look for but rarely find. Buyers to complete their own due diligence regarding zoning, development potential, permits & future use. Vacant possession available. (id:44822)
Property Details
| MLS® Number | 202611380 |
| Property Type | Multi-family |
Building
| Bathroom Total | 7 |
| Type | Multi-family |
Parking
| Parking Pad | |
| Rear | |
| Surfaced |
Land
| Acreage | No |
| Size Frontage | 90 Ft |
| Size Irregular | 9135 |
| Size Total | 9135 Sqft |
| Size Total Text | 9135 Sqft |
https://www.realtor.ca/real-estate/29788997/755-luxton-place-winnipeg
Interested?
Contact us for more information
Jennifer Queen
(204) 888-3331
755 Osborne Street
Winnipeg, Manitoba R3L 2C4
(204) 888-3393
(204) 888-3331
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May 28 2026 09:14:32
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