737 Sargent Avenue

For Sale

737-743 Sargent Avenue, Winnipeg, MB 303

This Winnipeg property for sale is located at 737-743 Sargent Avenue. The current listed sale price for 737 Sargent Avenue is $2,600,000.

Contacts

broker
Todd Labelle

Avison Young - CA - MB - Winnipeg

broker
Paul Douglas

Avison Young

broker
Steven Luk Pat

Avison Young - Winnipeg

Property Details

  • Property Type Other
  • Units 46
  • Year Built 1914
  • Date Updated Jan 24, 2025

On behalf of MNP Ltd. in its capacity as Receiver of 5684995 Manitoba Ltd., Avison Young Winnipeg presents this opportunity to purchase a 46-unit multifamily building located in the Daniel McIntyre neighbourhood within close proximity to downtown, Health Sciences Centre and the University of Winnipeg. The opportunity allows an investor to acquire an income generating asset in an area that presents consistent demand for affordable rental housing due to its proximity to downtown Winnipeg and the U of W. Its location is favorable on Sargent Avenue as there are bus stops in the vicinity as well as many shops and services. It is very well situated for Tenants’ convenience.

The property presents a mix of 34 - 2 bedroom, 5 - 1 bedroom and 7 – bachelor suites. The building has extensive fire damage in a minimum of five units. The majority of all the units have experienced significant damage in part due to the abrupt abandonment by the previous tenants and their attempts to retrieve personal items from the building. The common areas need to be refinished and no inspection of the roof has been provided.

The property will be sold on an “as-is where-is” basis. Please allow 48-hour notice for tours. Tours will be conducted Monday – Friday between 10am – 5pm. Sale will be subject to Court approval.

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Getting around

  • 86/100

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  • 71/100

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  • 73/100

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Location

  • City Winnipeg, MB
  • Neighborhood Daniel McIntyre
  • Postal Code 303

Points of Interest

  • Winnipeg

    1.48 miles

  • Train Ride

    3.63 miles

  • Inkster Junction

    6.01 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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