28 Woodrow Place

OWNERSHIP: Winnipeg Condominium Corporation #744

PROPERTY MANAGER: Brydges Property Management BUILDING DESCRIPTION: Constructed in 1914, 28 Woodrow Place is a three (3) storey walk-up, with a total of twenty (20) suites ONE BEDROOM SUITES: 12 suites which average 548 sf per suite (ranging from 394 sf to 796 sf) TWO BEDROOM SUITES: 8 suites which average 938 sf per suite (ranging from 775 sf to 992 sf) LOCATION: Located directly on the Assiniboine River, only 60 meters west of the intersection between Woodrow Place and Maryland Street across from the Misericordia Hospital HEATING / COOLING SYSTEM: Natural gas boiler which provides steam to radiant heaters throughout the building. The condenser and pump is under 2 years old LAUNDRY: Coin operated laundry in basement level, many suites have their own washer / dryer DOMESTIC HOT WATER: Four (4) natural gas fired domestic water heaters that are less than 2 years old ROOF: Built up asphalt roof membrane complete with pea gravel surfacing BUILDING STRUCTURE: Load bearing multi wythe brick masonry exterior and interior walls supporting reinforced cast in place concrete floor slabs, wood floor assemblies, and roof decking All showings to be arranged through listing agents All offer to be considered by the vendor as received Financials available upon Buyer’s signing of Confidentiality Agreement Projected Net Operating Income (after rehabilitation): $178,122