24 Hours Notice for Showings. Terrific long term rental available for purchase (owner managed)! 3 bedroom and 1 bath, and over 1,040 square foot of living. Home was gutted and redone pretty much top to bottom in 2005: Plumbing, electrical, fixtures, kitchen, bathroom, insulation, windows, doors, roof (also 2015 or so), exterior, landscaping, drywall, paint and flooring. Long term family tenant paying $1,350 plus utilities. After 20% down, mortgage of $152,000 at approx. 2.5% is $682 a month. Insurance approx. $120 mth, and property taxes $177.50 a month. Basic expenses total $979.75 (less reserve for repairs, vacancy, etc.). Cash flow of $370.25 mth, or $4,443 a year. Yearly mortgage paydown approx. over $4,500 a year. basic ROI using these numbers, not including appreciation, is over 20% ROI....All measurements plus/minus jogs.
ABOUT THIS Community
Houses for sale in West Broadway and West End, Winnipeg have communities that have experienced a notable revitalization of late. Numerous urban beautification projects have been undertaken. Attractions in the area include, the University of Winnipeg, Vimy Ridge Memorial Park, Omand's Creek and Park, Westview Park, and the Sargent Park Recreation Complex, as well as many houses, apartment buildings, schools, and an armoury with significant architectural merit.
The greater area of the city including these areas are some of the most charming and eclectic neighbourhoods in Winnipeg. The area is filled with 100-year-old houses with beautiful front gardens, trails along the Assiniboine River, and friendly neighbours. The West End is home to over 1000+ small businesses including over 150 restaurants representing many cultures from around the world.
Real Estate Statistics
The total units of single family detached homes sold in 2021 were
School divisions generally include multiple MLS® areas. Other schools within the same school division may also serve this area and the following schools are within this MLS area: