1B//Winnipeg/A rare opportunity ON Wellington Crescent. WINNIPEG'S PREMIERE LOCATION. This extensively renovated income-generating duplex offers immediate cash flow with exceptional long-term development potential. The property may also be purchased for land value, with the option to build a multi-unit apartment block in conjunction with the neighbouring property at 124 Wellington, collectively listed at $1,400,000.Preliminary drawings and tentative concepts for a 16-unit apartment building are available upon request. Buyers are responsible for conducting their own due diligence regarding permits and approvals.Located in highly sought-after Osborne Village, this property blends charm, character, and lifestyle appeal. Whether you choose to continue operating it as a high-income duplex, build your dream home, or pursue a multi-unit development, the possibilities are extensive.Collect strong rental income while exploring the full potential of this premium location an unbeatable opportunity in one of Winnipeg s most desirable neighbourhoods. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Total Living Area:
2,492 sq. ft.232 m2
Taxes:
$9,862.21 /
2025
Community:
Osborne Village
Structure Type:
House
Appliances Included:
Dishwasher, Dryer, Window Air Conditioner, Hood Fan, Blinds, Two stoves, Window Coverings, Two Washers, Two Refrigerators
Data was last updated March 12, 2026 at 05:15 PM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$309,450
Min list price:
$99,900
Max list price:
$719,000
Avg days on market:
29
Min days on market:
1
Max days on market:
159
Avg price per sq.ft.:
$256.99
These statistics are generated based on the current listing's property type
and located in
Osborne Village. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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