199 Cheema Drive

4L Winnipeg R3C 2E6

SOLID, VERSATILE INVESTMENT OPPORTUNITY WITH MULTIPLE EXIT STRATEGIES. 11 brand-new townhouses (3 bed, 2.5 bath) on separate titles, sold as one block in Castlebury Meadows, one of Winnipeg’s most desirable new neighbourhoods. Proven rental income with nearly identical units in an adjacent building renting for $2100/month and EXTREMELY LOW VACANCY. High appreciation and forced value-add potential, including finished basements that add up to $1000/month per unit (*not legal secondary suites*) and potential garage additions, adding up to $200/unit. CAP RATE STARTS AT approx 4.75% and VARIES BASED ON ADD-ONS, which can significantly increase property value and rental income. Highly flexible investment ideal for REITs or PARTNERSHIPS, offering multiple EXIT STRATEGIES. If a partner wants out, simply sell a unit and retain the rest, maintaining cash flow and equity growth. Long-term play perfect for BUY-AND-HOLD, or create a strategy where you sell them off 1 by 1.... Serious investors only. 3 month possession. Inquire for pro forma.