Loading listings…
LiveMLS 6aba716ca0b36a01fddc2e09CMHC / MLI Select
Winnipeg, MB · Multi-family · 36 units
$6,500,000listed
Price at 5.75% cap
Score
DSCR
Cash to close
All-in with reserves
2445 Ferrier St is a 36-unit multi-family in Winnipeg, MB, asking $6,500,000 — $180,556 per door.
That sits inside the Winnipeg band of $130k - $230k per door. Winnipeg cap rates screen 5.5% - 7.0% and average rent runs about $1,450 a door.
At 36 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.
The Winnipeg desk underwrites vacancy at 4% - 5.5% and operating expenses at 36% - 46% of gross rent.
The underwrite — investment score, cap rate on the real rent roll, DSCR at the qualifying rate, cash to close, and the price at a 5.75% cap — opens with a free account.
MLS®, Multiple Listing Service® and REALTOR® are trademarks of The Canadian Real Estate Association (CREA). AssetAvenue is not affiliated with CREA or Realtor.ca and is not a real estate brokerage. Listing details come from public listings and may be out of date — confirm them with the listing brokerage before relying on them.
The underwrite opens with a free account
Score, DSCR, cash to close and the price at a 5.75% cap for this building. The asking price and photos stay public.
Have an account? Sign in