Brad Lutz

Royal Lepage Dynamic Real Estate

  • Office: 204-989-5000
  • Fax: 204-989-7911
  • cell: 204-979-0455
  • toll free: 877-800-5066
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853 Bannatyne Avenue in Winnipeg: Industrial / Commercial / Investment for sale (5A) : MLS®# 202612879

853 Bannatyne Avenue Winnipeg R3E 0W6 :

Main Photo: 853 Bannatyne Avenue in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 202612879
$449,900
Prop. Type:
Industrial / Commercial / Investment
MLS® Num:
202612879
Status:
Active
Build. Type:
Tri-Plex
Turnkey triplex investment opportunity just steps from HSC! This fully updated property features two 2-bedroom units and one bachelor suite, all offering modern white kitchens with subway tile backsplashes, stainless steel appliances, vinyl plank flooring, PVC windows, separate hydro meters, and in-suite laundry. Currently generating $3,520/month in gross rental income and professionally managed, this is an ideal low-maintenance addition to any investment portfolio. Situated on a corner lot with a double detached garage and 4 existing parking stalls, with potential to expand to as many as 8 parking stalls. The property's proximity to HSC creates excellent additional income potential through parking revenue. A rare opportunity to acquire a fully renovated, income-producing investment property in a high-demand rental location.
5A / -
For Sale:
Yes
For Lease:
No
Property Type:
Industrial / Commercial / Investment
Property Sub Type:
Multi-Family for Sale
Building type:
Tri-Plex
Year Built:
1907 (Age: 119)
Age Description:
Older
Depth:
Switch units of measure0'
Frontage:
Switch units of measure0'
Heating:
Forced Air
Parking:
Double Detached
Covered Parking Spaces:
2
Total Parking Spaces:
4
Storeys:
3.0
Construction:
Wood Frame
Public Transportation
Appliances Included, Property Manager, Separate Entrances, Separately Metered Hydro
Electricity, Fully Serviced, Natural Gas, City Water
Gross Income:
42240.0
Net Income:
27006.0
Cost % to Grs Rec:
5
Repairs expenses:
2200.0
Insurance expenses:
3000.0
Electric & water expenses:
5528.0
Title to Land:
Freehold
Pro Forma:
Yes
Vacancy loss:
540.0
Number of Units:
3
Bachelor Units:
1
2-Bedroom Units:
2
Listed by Paul Evans of Royal LePage Dynamic Real Estate
Data was last updated June 28, 2026 at 12:35 PM (UTC)
Brad Lutz
  • Office: 204-989-5000
  • Fax: 204-989-7911
  • cell: 204-979-0455
  • toll free: 877-800-5066
  • Royal Lepage Dynamic Real Estate
  • 1450 Corydon Ave.
  • Winnipeg, MB
  • R3N 0J3 CA