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$5,300,000

1090 Storie RD, Winnipeg, MB, R2P 2V1

MLS® # 202502511

Property Information:

**Rare Development Opportunity — 8+ Acre Property along High-Traffic Commercial Corridor** Seize the chance to own this expansive 8+ acre parcel located along the prime commercial corridor of McPhillips Street. With the area rapidly developing, this property presents an excellent opportunity for multi-family apartment buildings or condos, similar to nearby projects, or an ideal buy-and-hold investment.The property features a fully remodelled homestead, upgraded in 2004 with a new roof, windows, kitchen, furnace, air conditioning, stucco exterior, and patio doors. In addition, there are two garages on-site, and one acre is currently fenced, making it perfect for rental income during the development phase.This prime location is surrounded by new developments, including the Garden City Shopping Centre, Seven Oaks Hospital, Canadian Tire, Walmart and much more. Don't miss your chance to invest in a rapidly growing area with tremendous potential.

Property Features:

  • Property Type: Residential
  • Bedrooms: 0
  • Bathrooms: 0
  • Age Desc: Older
  • Area: 4F - 4F
  • Built in: 1900
  • Lot Depth: 330 Feet
  • Lot Frontage: 1131 Feet
  • Lot Size: 350494.00 Square Feet
  • Occupancy: Owner
  • Site Influences: Flat Site, Shopping Nearby, Subdividable Lot
  • Street Type: Road
  • Style: One and a Half
  • Title: Freehold
  • Type: Vacant Land with Building
  • Use: Year-round

Data provided by: WinnipegREALTORS® 1240 Portage Ave., Winnipeg, Manitoba R3G 0T6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 1090 Storie RD, Winnipeg, MB, R2P 2V1

Demographic Information of 1090 Storie RD, Winnipeg, MB, R2P 2V1

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$104,413.57

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.97 %

High school certificate or equivalent

28.18 %

Apprenticeship trade certificate/diploma

7.05 %

College/non-university certificate

16.33 %

University certificate (below bachelor)

3.26 %

University Degree

35.22 %

Commuter

Travel To Work

By Car

83.2 %

By Public Transit

12.6 %

By Walking

1.4 %

By Bicycle

0.0 %

By Other Methods

2.8 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

51.56 %

Houses

48.44 %

Own Vs. Rent