I have listed a new property at 1 367 Charles ST in Winnipeg.
Two bedroom condo located on the corner of Charles & Mountain. The complex consists of a 10 suite apartment and 2 tri-plexes, all run under one condo corporation. Currently rented for $750/month + hydro (electric baseboard heat). Condo fees are $218/month and include water. Very well run complex with on site caretaker who manages the buildings, plus security cameras. The entire complex was mostly remodeled in 2009 and has newer vinyl windows, newer roof, newer kitchens and some updating done in the bathrooms. All units are rentals and make for a great investment property with zero work in collecting rents or renting out the unit as the condo fees pay for the caretaker to do this for you. Could also make for an extremely affordable place to live with all expenses working out to less than $600/month including mortgage, taxes & condo fees, just pay for your hydro. Vendor willing to cover closing costs. Property purchased for $88,000 2 years ago. Vendor retiring.