5A//Winnipeg/The D.A. MacDonald House: Where Heritage Meets Strategic Investment! Nestled directly across from the Iconic GATES of ARMSTRONG s POINT, 25 Cornish Avenue represents a rare intersection of historical significance & modern structural engineering. This 3-storey residence has evolved from a home for Winnipeg s notable ELITE into a sophisticated 4-unit boutique income property that offers an unparalleled house-hacking or investment opportunity. Unlike many character homes in the area, this property has undergone a massive structural transformation, having been professionally lifted to install a brand-new piled concrete foundation. The mechanical systems are purely modern, featuring newer Central AC, HRV, & a complete exterior siding replacement completed in 2025. The property is fully turnkey, consisting of 4 self-contained, recently renovated units inc. a 1,200 sq. ft. main floor suite & fully finished basement on a solid pile foundation w/ private entrance offering excellent potential for a future fifth unit. The financial profile is equally impressive w/gross annual income of $69,588. Beyond the numbers, the location provides tree-lined streets & river paths as those in Wolseley, East & West Gates! (id:8860)
Listing Courtesy of CREA - Coldwell Banker Feed / Coldwell Banker Preferred Real Estate / Elina Snigiryov
$94,885 (USD)
Winnipeg Area Single Family
Active
271 Selkirk Avenue Winnipeg, MB R2W 2L5
4 Bed
1 Baths
1310 sqft
MLS® 202601769
4A//Winnipeg/Welcome to a remarkably solid four-bedroom, one-bathroom home perfectly situated near downtown, major transit routes, and all essential amenities. This property represents a premier opportunity for a homeowner looking to build equity or an investor seeking a high-yield asset in a central location. The home has a proven track record of strong cash flow, with previous rents reaching $1,950 plus utilities.The main floor features living & dining rooms, bright kitchen with access to a clean, full insulated basement. The upper level features four well-appointed bedrooms & a full four-piece bathroom. Outside, the property offers a fully fenced backyard with ample space for private parking. Significant capital improvements provide long-term peace of mind, including a complete permitted electrical rewire, newer windows, and durable vinyl & laminate plank flooring throughout. Mechanical upgrades include HE furnace, newer hot water tank, & newer shingles.C2 zoning is offering exceptional potential for future commercial development. Whether you are looking for a turn-key rental or a strategic development site, the combination of updated mechanicals and an unshakable foundation makes this property a must-see. (id:8860)
Listing Courtesy of CREA - Coldwell Banker Feed / Coldwell Banker Preferred Real Estate / Elina Snigiryov
CREA - Coldwell Banker Feed / Coldwell Banker Preferred Real Estate / Elina Snigiryov