Capital Commercial Investment Services has been retained by the Vendor for the purpose of exclusively marketing for sale a 100% interest in Royalwood Flats (the “Property”), located at 703 St. Anne’s Road in Winnipeg, Manitoba. The mixed-use property is a 4-storey wood-frame building, comprised of 33-unit multi-family apartment units with main floor commercial space located in southeast Winnipeg. The offering presents an excellent opportunity to acquire a diversified luxury rental apartment building located in the highly sought-after southeast St. Vital area.
- Located in the desirable neighbourhood of St. Vital, close to a wide array of restaurants and retail shopping centre amenities, including a NoFrills grocery store, Southglen Liquor Mart, Shoppers Drug Mart, Starbucks, and various medical clinic facilities. The property is situated along Winnipeg’s Seine River, providing for beautiful views that back onto a protected forest setting.
- All suites offer in-suite laundry, stainless steel appliances, high-end finishing, independent heating and cooling systems, and large covered non-combustible balconies. These luxury suites offer spacious layouts with high-end finishings. The various suite mixes appeal to a wide range of consumers, from students to young professionals to families.
- The 2,130 sq. ft. main floor retail/office premises offers additional diversification of its income stream. This, along with a total of 46 parking stalls, creates a strong mixed-use asset in Royalwood Flats.
- The innovative design approach brought by AtLRG Architecture Inc. has created a state of the art architecturally built apartment building. This design separates itself from competing apartment buildings due to its modern style, overall site design and building economics.