170 Niagara Street, Winnipeg, MB

Multi-Family Investment Opportunity in North River Heights

Overview

Property tours will be available during the week of September 28 and October 5, 2026, with offers to be submitted by 12:00 p.m. CT on October 14, 2026.

A rare opportunity to acquire a substantially renovated 11-suite apartment building in a prime River Heights location, just steps from Academy Road and surrounded by established neighbourhoods including Crescentwood and Wellington Crescent. The highly walkable location offers convenient access to a variety of local restaurants, cafés, boutique shops and everyday amenities.

The property will be delivered vacant, providing a new owner with the flexibility to lease the suites to their preferred tenants. Eight suites across the main and second floors are substantially complete, with select kitchen, bathroom and finishing details remaining for the purchaser to personalize. Three additional lower-level suites are approved and framed, with rough-in plumbing in place and ready for final electrical, drywall and finishing.

The property has undergone substantial upgrades, including new ENERGY STAR® windows, a high R-value roof and an upgraded building envelope with additional insulation, along with significant plumbing, electrical and mechanical improvements. Suites feature refinished hardwood flooring, new kitchens and bathrooms, in-suite laundry and new appliances. Secure lower-level storage lockers and bicycle storage are also provided for tenant use.

• Size

  Building Size: +/- 6,100 sf plus full basement
  Land Area: +/- 6,932 sf

  11 One Bedroom Suites

• Price

  Sale Price: Unpriced

• Additional Charges

  Property Taxes (2026): $14,307.02*

  *Property will be reassessed

• Zoning

  RMF-S - Residential Multi-Family

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