$ 549,900

289 Langside St, Winnipeg

This fully licensed, six-unit multi-family revenue property represents an exceptional cash-flowing opportunity situated between Broadway and Portage Avenue, just minutes from the University of Winnipeg and Downtown. The property comprises six self-contained one-bedroom suites—each featuring its own private kitchen and full bathroom—maximizing rental appeal and occupant retention. Recent capital investments significantly reduce immediate maintenance overhead, highlighted by comprehensive interior renovations across all units approximately four years ago, alongside critical infrastructure updates including a rebuilt furnace, new hot water tank, basement backflow valve, and newer shingles. Complete with natural gas forced-air heating, an R2 zoning designation, and a paved rear parking pad accommodating three vehicles, this turn-key asset offers yield-focused investors strong net operating income potential with low upcoming CapEx risk. Detailed pro-forma financial documentation is available upon request! (id:1945)
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Property details for 289 Langside St, Winnipeg

Type
Multi-family
Lot Size
0.0696626180510964

Nearby Listings Stat

Estimated price and comparable properties near 289 Langside St

Active Listings
314
Min Price
$18
Max Price
$9,150,000
Avg Price
$542,528
Days on Market
101
days
Sold Listings
89
Min Sold Price
$59,900
Max Sold Price
$3,995,000
Avg Sold Price
$423,900
Days until Sold
72
days

Neighbourhood Census Data

Winnipeg, Manitoba

Population
638
Median Age
31.9
Median Income
$18,752
Dwelling Value
$224,879

Housing Tenure

Owners 11%
Renters 89%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.8
Pop. Density: 9,300.3/km²
Avg Shelter Cost: $1,264/mo
Owners with Mortgage: 100%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 39%
English only: 88.2%
English and French: 9.4%
Neither: 3.1%
Median Household Income: $25,216
Median Employment Income: $23,552

Price History

Listed
September 9, 2026
by Manitopia Realty Ltd.
Current Price
$549,900
Type
Multi-family
For Sale
289 Langside St

Contact Agent Get in touch about 289 Langside St, Winnipeg

Terry (Junhua) Jia
Terry (Junhua) Jia
Manitopia Realty Ltd.