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269 Albany Street

St James

$210,000

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David Stasica

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Office: 204-989-7900 |Fax: 204-339-5060

Royal LePage Prime Real Estate

1877 Henderson Hwy, Winnipeg, MB

Phone: 204-989-7900

Fax: 204-339-5060

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Description

Great opportunity for investors. Value is in land and vendors goodwill. This lot is located on the corner of Albany and Bruce and is shovel ready. Construction plans are stamped, which offer a 1511 square foot, two storey secondary suite build. The project can begin demo and building within 60 days. The main and lower level suite will feature 3 bedrooms & 2.5 baths, with one bath being an ensuite. The second floor suite features 2 bedrooms and one bath. Each suite offers in-suite laundry. Vendors will provide stamped building plans, lot grading plan, demo plan, PDC letters, site plan, and introductions to the experienced and reputable builder (who has estimated building costs at $360,000), and the financial institution who has appraised the completed build at $620,000. The lender can provide an assumable interest only mortgage (personal guarantees needed). Land transfer fees can be avoided as well. Buyer to do their own due-diligence. Contact me today to discuss construction costs & the vendor's goodwill!

General Information

  • Property Type: Single Family
  • Building Type: 1 & 1/2 Storey
  • Year Built: 1918

Neighbourhood Information

Home Location

269 Albany Street, St James

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