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1 Mayfair Pl 8,300 SF Specialty Building Offered at $537,280 in Winnipeg, MB R3L 0A4

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INVESTMENT HIGHLIGHTS

  • Previously operated as a group home with ±40 residents
  • Site is a prime multifamily redevelopment opportunity.
  • Vendor financing available for qualified purchasers.
  • Strong value-add potential to take advantage of affordable housing and CMHC financing incentives.
  • Possibility to generate interim holding income during redevelopment process.

EXECUTIVE SUMMARY

1 Mayfair Place is a riverfront property that is ideally situated between Osborne Village and Downtown Winnipeg, and is surrounded by community amenities and major transportation corridors. The property was previously operated as a 40-person group home, and now offers significant value-add potential to renovate and reposition the building to a higher rental standard. This RMF-M zoned site offers a prime multifamily redevelopment opportunity suitable for a mix of housing types, from market rate apartments to affordable housing. Qualified purchasers can take advantage of attractive financing through CMHC and/or a vendor take-back mortgage.

PROPERTY FACTS

Price $537,280 USD
Price Per SF $64.73 USD
Sale Type Investment
Sale Condition Redevelopment Project
Property Type Specialty
Building Class B
Lot Size 0.35 AC
Building Size 8,300 SF
No. Stories 3
Year Built 2010
Zoning RMF-M - Multi-Family
Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (76)
Bike Score®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37353853

  • Date on Market: 8/20/2025

  • Last Updated:

  • Address: 1 Mayfair Pl, Winnipeg, MB R3L 0A4

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