◀ Go Back

203 Spence Street

$539,500

General Information

Description

West Broadway~ 2025 growth up 11.58%~ 2024 -6.64% ~Ideal location close to University of Winnipeg & downtown for rental options of short term (AIRBNB) or longer term, or an amazing multi-generational family set up. Nine ensuite rooms w kitchenettes. Vendor has thoughtfully provided butcher block counters w SS sinks, bar fridges, microwaves, desk workspaces & storage. Baths are tastefully tiled, most w rainfall showers. All permits pulled & closed. Features: 9 heated tile floor baths. Gutted to studs, re-insulated to code, original 2X4 framing upgraded to 2X6, all int. wall/ceiling are sound insulated. Main floor ceiling dbl sound insulated w/ 2 layers 5/8 drywall to meet city requirement for fireproofing, could make for simpler up/down duplex conversion. HVAC system - individual climate control every room: 10 thermostats, 2 high-E furnace, 2 ACs, 2 high-E HWT & 2 HRVs. Mostly triple pane wndws, new roof, fence w/ dbl sliding gate, 200 amp panel, heavy safe & sound bed doors, LED long-lasting-low-energy pot lights, USB plugs, quartz counters. Common area features gas range, fridge & laundry.Six units currently rented income 4100/mo (full capacity income 6100/mo) Gas 121/mo Elec 264/mo on budget

Home Location

203 Spence Street,

Share this Property

◀ Go Back