500 Bannatyne Avenue Winnipeg, MB R3A 1G6
Listing Courtesy of: MLS LogoCREA - Coldwell Banker Feed / Listed By: Teddy Beyene, Coldwell Banker Preferred Real Estate

  500 Bannatyne Avenue Winnipeg, MB R3A 1G6

Active (0 Days)
$490,543 (USD)

Description

5D//Winnipeg/THIS SOLID BUILDING BTWEEN BANNATYLE & ISABEL ST. MAIN FLOOR OPEN SPACE UNIT IS A BEAUTY SALON THAT CAN BE RENTED OUT FOR $1,500/MO. FRONT UNIT IS AN OFFICE SPACE WITH THE RENT OF $1,250/MO. THE 4BR LARGE UNIT ON 2ND FLOOR USE TO RENTED OUT FOR $1,600/MO. NOW IS VACANT & ITS READY TO RENT OUT AT ANY TIME. IF FULLY OCCUPIED THEN THE TOTAL RENT INCOME WILL BE $4,350/MO PLUS YOU WILL BE GETTING MORE EACH YEAR OF 4% RENT INCREASED BY LAW FOR MANY YEARS AHEAD. BASE ON THIS ASKING PRICE THEN YOU STILL GET 6-7% BACK OF YOUR INVESTMENT RETURN. THIS IS A POSITIVE # OF YOUR MONEY WELL SPENT. MANY IMPROVEMENTS HAS BEEN DONE ALONG THE YEAR. PERFECT PLACE FOR ANY SMALL BUSINESSES IN HIGH TRAFIC LOCATION. A MUST TO SEE THIS EXCELLENT VALUE PROPERTY. PLEASE NOTE: (id:8860)

MLS®:
202624823
Type
Multifamily
County
Winnipeg

Listed By

Teddy Beyene, Coldwell Banker Preferred Real Estate
Source
CREA - Coldwell Banker Feed
Last checked Oct 4 2026 at 5:10 PM GMT+0000
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 10/4/26 10:10