Jubilee Winnipeg Lot 1

1.49 Acre - Jubilee, Winnipeg, Manitoba

$7,250,000

This property presents a unique opportunity for a developer to acquire two lots which are part of the ideally-located Jubilee Winnipeg Development. The lots have already been pre-approved for development of 500 units, which will be visible from Pembina Highway.

Property Highlights

  • Lot 1 is (+/-) 1.49 acres and approved for 290 units
  • Lot 2 is (+/-) 1.40 acres and approved for 210 units
  • The entire Jubilee Winnipeg development will add up to 900 units, both rental and condos, and will become part of the vibrant and wellestablished Fort Rouge neighbourhood, with amenities like grocery, community centres and restaurants close-by and within walking distance
  • Within steps of the already developed Jubilee Rapid Transit station, tenants have access to rapid transit and the active transportation systems at their doorstep putting them within minutes of both downtown and South Winnipeg
  • Services are already to the lot-line, and a geothermal system is in place for developers to utilize, reducing heating costs by 30% to 70% and reducing cooling costs by 20% to 50% (MB Government)
  • Development may also qualify for MB Rental Housing Construction and Tax Credit program with significant potential financial development

More Details

Property Type

Land

Listing Type

Sale

Area Available

1.49 Acre

Listing Details

Property Type

Land

Land Area

1.49

Sale Price

$7,250,000

Listing Type

Sale

Area Available

1.49 Acre

Property Taxes

TBD

Rate Type

Zoning

                
                
                
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Country

CA

Province

MB

City

Winnipeg

Street

Jubilee

Longitude

W98° 51' 32.7''

Latitude

N49° 51' 22''