Our Agents' Listings
453 Marion Street
2A
Winnipeg
R2H 0V6
$1,590,000
Industrial / Commercial / Investment
- Status:
- Active
- Prop. Type:
- Industrial / Commercial / Investment
- MLS® Num:
- 202526151
- Build. Type:
- Freestanding
- Photos (46)
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INCREDIBLE OPPORTUNITY to add this PRISTINE 2nd owner 9 suite apartment block to your investment portfolio!! Ideally located right next to the Seine River, this gem is straight, solid & has been meticulously maintained & updated by long time owner. Over $400k in upgrades over past 10 years including newer PVC wdws, separate 100 AMP electrical suite meters & panels, & HE Lochinvar boiler c/w indirect Hot water tank. The suites are enormous & have been upgraded tastefully, but keeping the mid-century modern theme, which are occupied by extremely happy tenants who love the High Def security system, and want to continue living here for years to come. There are 5 parking stalls directly behind the building, 10 in the adjacent lot facing the building, as well as 5 visitor stalls along the fence bordering the Seine River. Huge potential for development opportunity to subdivide this double lot & build another revenue property(multiplex) next door! Vendor also owns the 4-Plex directly to the west that also comes with 10 parking stalls, so potential to capitalize on both properties with first right of refusal. Ask listing agent for all the details. Buyer to do their own due diligence in regards to all matters.
- 2A / -
- On the North side of Marion Street across from Happyland Park, immediately west of the Seine River.
- For Sale:
- Yes
- For Lease:
- No
- Property Type:
- Industrial / Commercial / Investment
- Property Sub Type:
- Apartment
- Building type:
- Freestanding, Walk Up
- Year Built:
- 1955 (Age: 70)
- Depth:
- 113'34.4 m
- Frontage:
- 100'30.5 m
- Heating:
- Hot Water, Natural Gas
- Parking:
- Surface, Visitor Stalls
- Total Parking Spaces:
- 20
- Number of energized parking:
- 15
- Storeys:
- 3.0
- Security:
- 1
- Construction:
- Concrete, Concrete block
- Remodelled:
- Electrical, Facade, Other - See remarks, Parking, Plumbing, Windows
- Creekfront, Fenced, High Traffic Location, Park/reserve, Public Transportation, Street Exposure
- Appliances Included, Caretaker, Fire Alarm, Laundry Facility, No Pets Allowed, Secured Yard, Security / Alarm, Separate Entrances, Separately Metered Hydro, Storage, Vinyl Floor Covering
- Fully Serviced
- Real Estate Taxes:
- 9955.0
- Gross Income:
- 113400.0
- Fin Statement Avail:
- Yes
- Fin Statement Date:
- Oct 03, 2025
- Professional fees:
- 1100.0
- Cost % to Grs Rec:
- 4
- Repairs expenses:
- 3977.0
- Insurance expenses:
- 6179.0
- Electric & water expenses:
- 3277.0
- Heat expenses:
- 5026.0
- Title to Land:
- Freehold
- Building name:
- Pauline Apartments
- Building Dimensions:
- 39.23x92.11
- Pro Forma:
- Yes
- Power Type:
- 120/208 V, Single Phase
- Maximum Amperage:
- 400
- Vacancy percent:
- 1
- Vacancy loss:
- 1200.0
- Number of suites:
- 9
- Number of Units:
- 9
- Bachelor Units:
- 1
- 1-Bedroom Units:
- 6
- 2-Bedroom Units:
- 2
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5 suites have front & rear doors, bachelor suite has front & direct access to laundry/storage room & 3 large 1 beds on back have 1 entrance.
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Updated hallways throughout
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Living Room (1 Bedroom)
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Living Room (1 Bedroom)
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Kitchen (1 Bedroom)
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Bedroom (1 Bedroom)
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Bathroom (1 Bedroom)
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Living Room (1 Bedroom)
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Living Room (1 Bedroom)
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Kitchen (1 Bedroom - 910 sq ft suite)
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Bedroom (1 Bedroom Suite)
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Bathroom (1 Bedroom Suite)
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Living Room (2 Bedroom Suite)
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Living Room (2 Bedroom Suite)
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Kitchen (2 Bedroom - Suite)
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Bedroom (2 Bedroom - Suite)
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Bedroom (2 Bedroom - Suite)
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Bathroom (2 Bedroom - Suite)
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Living room/Bedroom (Bachelor Suite)
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Kitchen (Bachelor Suite) Door behind tenant's pantry leads directly to laundry/storage room.
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Bathroom (Bachelor Suite)
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Living Room (1 Bedroom - Suite 910 sq ft)
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Kitchen (1 Bedroom - Suite 910 sq ft)
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Living Room(1 Bedroom Suite)
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Bedroom (1 Bedroom Suite)
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Bathroom (1 Bedroom Suite)
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Bathroom (1 Bedroom Suite)
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Storage/laundry room
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Storage/laundry room
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Utility room with separate hydro meters & indirect Lochinvar Hot water tank.
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Upgraded High Efficiency Lochinvar Boiler System with Control Zone Valves
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Upgraded Siemens Fire Alarm Panel
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Parking for 20 vehicles, including including 5 parking stalls at rear of building + 10 on east side facing building + 5 visitor stalls along fence bordering the Seine River..
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Property fenced & gated as to secure from the street.
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Porperty right bnext to Seine River with direct access for cross country skiing, canoeing,...
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Data was last updated October 13, 2025 at 12:35 PM (UTC)
- Rod Stephanchew
- RE/MAX One Group
- 204.795.7728
- Contact by Email
- David Parnell
- RE/MAX One Group
- 204.918.6553
The listing information is provided by Winnipeg Real Estate Board and is deemed
reliable but is not guaranteed to be accurate.