634 Portage Ave, Winnipeg
Prime Mixed-Use Development Opportunity On behalf of 10049896 Manitoba Inc. (the “Vendor”), P3 Realty is pleased to present a rare, shovel-ready opportunity to deliver a landmark mixed-use rental development in the heart of Winnipeg. Fully rezoned and entitled with all required variances in place, the site is approved for a 21-storey apartment tower and up to 30 storeys. Strategically located directly adjacent to the western border of the University of Winnipeg campus, 634 Portage will serve as a new gateway to Winnipeg’s central business district within a rapidly transforming trade area demanding a higher rental standard. This premium urban infill site offers tenants convenient access to key employment hubs in business, education, and healthcare, while positioning retailers and service providers within a growing residential community. With a proposed design featuring a 21-storey, 374-unit purpose-built rental building, ±6,000 SF of main floor commercial space, and a ±75-stall parkade, the project represents a turnkey opportunity to capitalize on Winnipeg’s strong demand for modern rental housing and vibrant mixed-use development. DATA ROOM - Additional project information is available via data room upon receipt of a signed confidentiality agreement. The property is being offered for sale with offers reviewed as received. Interested parties are encouraged to submit their proposals promptly, as the Vendor reserves the right to accept an offer at any time without further notice. Highlights Shovel-Ready Approval – Fully rezoned with all required variances in place for up to 30 storeys. Prime Central Location – High-profile Portage Avenue address with direct connectivity to downtown, University of Winnipeg, Health Sciences Centre, and the vibrant Wolseley neighbou... (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 634 Portage Ave, Winnipeg
- Type
- Lots and Land
- Living Area
- 1 square feet
- Lot Size
- 0.802620728999709
Nearby Listings Stat
Estimated price and comparable properties near 634 Portage Ave
Active Listings
301
Min Price
$18
Max Price
$9,150,000
Avg Price
$547,953
Days on Market
104
days
Sold Listings
81
Min Sold Price
$59,900
Max Sold Price
$3,995,000
Avg Sold Price
$436,701
Days until Sold
77
days
Price History
Listed
September 4, 2025
by P3 Realty
Current Price
$6,500,000
Type
Lots and Land
For Sale