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5 Beds
4 Baths

C$179,900

263 Magnus Avenue, Winnipeg Manitoba, R2W2B6

Built in1907
Property typeOther
Courtesy of Derek Daneault with Royal LePage Prime Real Estate

Overview

Active

Listed Apr 10, 2026

Updated 2 days ago

4A//Winnipeg/Licensed rooming house offering a strong and reliable income stream. Spanning approximately 1828 sqft, this well-maintained property is fully rented, providing immediate cash flow and a turnkey investment opportunity. The home features multiple rentable rooms with shared amenities, including four stoves and three fridges in total, all kept in good overall condition, reflecting consistent upkeep. A functional layout supports tenant comfort while maximizing rental efficiency. Utilities are paid by the landlord, simplifying management and enhancing the appeal for tenants, contributing to stable occupancy. The landlord suite is currently vacant, renovated, and has the potential to generate additional rental income. With licensing already in place, this is an excellent opportunity for investors seeking a fully occupied, income-generating asset with proven performance. Current tenants' rent amounts total to $2440 per month. (id:41202)

Additional information

MLS® ID
202606550

Interior Features

Bedrooms
5
Bathrooms
4
Heating
Yes
Basement
No

Other Property Details

Taxes
$1,779
Tax Frequency
Annually

Courtesy of Derek Daneault with Royal LePage Prime Real Estate

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