C$1,399,900

1B//Winnipeg/Price reduced! Fabulous opportunity to own river front land in a coveted area. Premium RIVER FRONT multi-family development opportunity in vibrant Osborne Village. RMF zoning on a 75' x 215' and 16,125 SqFt lot, fully cleared, and fully serviced site. City has stated they would support and approve a six-storey multi-family complex. An excellent opportunity for multi-family apartment building, similar to nearby projects, or an ideal buy-and-hold investment in a rapidly developing area. Fabulous location close to rapid transit, easy access to downtown, shopping, restaurants and Osborne Village. High rental demand in this area, and strong long term investment appeal. Excellent frontage on the Assiniboine River, convenient access to transit and steady traffic area.Buyer or buyer's agent to conduct own due diligence on number of units allowed on site. The City of Winnipeg assessed value is $1,839,000. (id:41202)