$ 1.499.000

138 Lorne Ave, Winnipeg

  • Living area: 7600 square feet
  • Type: Condominium
  • Added: 42 days ago
  • Updated: 10 days ago
  • Last Checked: 1 hours ago
\n3.150% INTEREST! Lender willing to allow QUALIFIED buyer to assume the current mortgage that matures May 12/2027! Rare opportunity to own a TURN KEY 8 apartment unit building built in 2015. The property has been registered under Manitoba Housing and Renewal Corporation Rental Supplement Program, which has allowed the Landlord ZERO VACANCY as it provides the Landlord with covering the rent for a 1 month vacancy if it occurs. Well-maintained building features 4-2 bedroom units, 4-3 bedroom units, laundry facility, and ample onsite parking. Great revenue and additional revenue from laundry facility and rear parking (CURRENT GROSS ANNUAL REVENUE OVER $120,000.00). Solid and detailed construction sparing no expenses. Great features include maintenance free exterior, separate office space + bathroom, surveillance cameras, and much more! (id:1945)
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Property DetailsKey information about 138 Lorne Ave

  • Year Built: 2015
  • Building Area Total: 7600

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 138 Lorne Ave

  • Lot Size Units: acres
  • Parking Total: 6
  • Lot Size Dimensions: 0.28

Utilities & SystemsReview utilities and system installations

  • Sewer: Sanitary sewer

Tax & Legal InformationGet tax and legal details applicable to 138 Lorne Ave

  • Zoning Description: R2

Additional FeaturesExplore extra features and benefits

  • Number Of Buildings: 1
  • Property Condition: Complete
  • Number Of Units Total: 8
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Nearby Listings Stat

Active listings
338
Min Price
$900
Max Price
$9,500,000
Avg Price
$399,979
Days on Market
90 days
Sold listings
122
Min Sold Price
$15,000
Max Sold Price
$4,499,509
Avg Sold Price
$322,808
Days until Sold
81 days

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Additional Information about 138 Lorne Ave

This Condo at 138 Lorne Ave Winnipeg, MB with MLS Number 67093acd54b48d2e9f5058a8 listed by Amarjit Panchhi - RE/MAX EXECUTIVES REALTY on Winnipeg market 42 days ago at $1,499,000

We have found 6 Condos that closely match the specifications of the property located at 138 Lorne Ave with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 949,900 and 1,700,000.

The current price of the property is $1,499,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 20% down payment, the total amount borrowed would be $1,199,200. This would result in a monthly mortgage payment of $7,010 over a 25-year amortization period.

More Details?
Amarjit Panchhi
  • Amarjit Panchhi
  • RE/MAX EXECUTIVES REALTY
  • 204-771-5500