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LiveMLS 6998bff86262740638f0c23dCMHC / MLI Select
Winnipeg, MB · Multi-family · 27 units
$4,770,000listed
Workable offer
Score
DSCR
Cash to close
All-in with reserves
Plessis Rd is a 27-unit multi-family in Winnipeg, MB, asking $4,770,000 — $176,667 per door.
That lands inside the Winnipeg band of $130k - $230k per door, so the ask is not the thing that decides this deal — the rent roll is. Winnipeg cap rates screen 5.5% - 7.0% and average rent runs about $1,450 a door.
At 27 units this is a commercial file: five or more units can be underwritten for CMHC MLI Select, where energy, affordability, and accessibility points decide the tier and the leverage. Below that tier the insured stack you modeled may not exist.
Winnipeg can work as an income-first market with lower basis, though liquidity and winter operating reserves matter. Investor demand reads medium, vacancy balanced.
The underwrite — investment score, cap rate on the real rent roll, DSCR at the qualifying rate, cash to close, and the offer band this desk would actually bid — opens with a free account.
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The underwrite opens with a free account
Score, offer range, DSCR and the verdict for this building. The asking price and photos stay public.
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