Can you guys tell me more about this property

Coldrsx · #1 Posted **Jan 4, 2008, 11:07 PM**

MLS®: 2714819

Real Estate Type : Single Family
Building Type : House
Bedrooms : 0
Bathrooms : 0
Bathrooms (Partial) : 0
Interior Floor Space : 5900 sqft
Age Of Building : Older building
Land Size : 22ft x117ft
View : City view
Location : Central Winnipeg
Winnipeg
Winnipeg and Area
Manitoba
---------------------------

thanks in advance

drew · #2 Posted **Jan 4, 2008, 11:14 PM**

I know one of the past (current?) owners of that building.

The last I heard it was being split into several multi floor finish it yourself condos.

The building is OK. It suffers from a really unfortunate exterior paint job. From the outside it looks like the foundation has settled a bit in spots, but I haven't been inside it to see the condition. I would certainly get it inspected before you did anything serious.

It's really not in a great location as far as the exchange goes, and the immediate surrounding area is kinda dingy, but you never know...

Coldrsx · #3 Posted **Jan 4, 2008, 11:18 PM**

^thought so...for that price something had to be "included".

2 of the 3 are for sale and if i ended up at the UofM i would consider looking for something like this...

Only The Lonely.. · #4 Posted **Jan 4, 2008, 11:37 PM**

Quote:

Originally Posted by Coldrsx

^thought so...for that price something had to be "included".

2 of the 3 are for sale and if i ended up at the UofM i would consider looking for something like this...

I always liked that building. It has an interesting location at the edge of Chinatown, its too bad about the paint job although it is just paint.

Pootkao · #5 Posted **Jan 4, 2008, 11:57 PM**

$110k???
Hmmmm.... wheels are turning.

rgalston · #6 Posted **Jan 5, 2008, 1:45 AM**

It was built in 1882, and is one of the last buildings designed by the Barber and Barber architecture firm, who were a prominent local firm in the 1880s (old City Hall is probably their best known work).

I laid awake one night thinking of how I could finance the purchase of one of those units. Alas. Buying one up would be a wise investment. Princess and Alexander isn't going to be the next McDermot Avenue anytime soon, but its certainly going to get better, not worse--unless the City or an agency steps in.

Where else in the Exchange could you buy so much space for so little?

In the meantime, it looks like its currently serving as a lively boozecan for the city's provincial hipsters.

Only The Lonely.. · #7 Posted **Jan 5, 2008, 4:04 AM**

Quote:

Originally Posted by rgalston

It was built in 1882, and is one of the last buildings designed by the Barber and Barber architecture firm, who were a prominent local firm in the 1880s (old City Hall is probably their best known work).

I laid awake one night thinking of how I could finance the purchase of one of those units. Alas. Buying one up would be a wise investment. Princess and Alexander isn't going to be the next McDermot Avenue anytime soon, but its certainly going to get better, not worse--unless the City or an agency steps in.

Where else in the Exchange could you buy so much space for so little?

In the meantime, it looks like its currently serving as a lively boozecan for the city's provincial hipsters.

Ohhh man! I think I know some of those hipsters.

And here I try my hardest to live an earnest blue collar lifestyle. I bowl, I bet on race horses, smoke cigars, and drink scotch and still I know people in this 'IN' crowd.

Lord help me.

rrskylar · #8 Posted **Jan 5, 2008, 6:55 AM**

The property that intrigues me the most is located on Higgins at Annabella in Point Douglas. It has been for sale for ever. (If I recall correctly 1ajs has photographed it before)

1ajs · #9 Posted **Jan 5, 2008, 7:09 AM**

if you look way off in the distance you can see it in ths pic

btw that building is just a stones throw from some of the best dimsum

and a walk away from the chinies markets and such... and the exhcnage and transit

1ajs · #10 Posted **Jan 5, 2008, 7:12 AM**

Quote:

Originally Posted by rrskylar

The property that intrigues me the most is located on Higgins at Annabella in Point Douglas. It has been for sale for ever. (If I recall correctly 1ajs has photographed it before)

this building?

or this one?

rrskylar · #11 Posted **Jan 5, 2008, 7:13 AM**

Quote:

Originally Posted by rrskylar

The property that intrigues me the most is located on Higgins at Annabella in Point Douglas. It has been for sale for ever. (If I recall correctly 1ajs has photographed it before)

Heck, I must be telepathic, didn't look at the Winnipeg construction forum before I posted this. 1ajs, the building in the top photo of course, someone in the Winnipeg Construc. thread mentioned it was going for sale, thought it was already for sale for years now?

trueviking · #12 Posted **Jan 5, 2008, 7:31 AM**

its certainly not in the heart of the exchange, but the area is growing in that direction...with some of the good work that centre venture is doing near that site on main, it might become a valuable property in the future..... only 3 blocks down on the same street is a hub of new high end loft conversions and red river college (2000 students) is only 2 blocks away, so there could be a market for a building like that if it were renovated.

there is a tall residential building just across the street and another a block or so away....the building next to it was being sold as raw space do it yourself condos a year ago, but it never really went anywhere.

flatlander · #13 Posted **Jan 5, 2008, 7:55 AM**

If you're not quite ready to bite this off you can get a raw space in the Traveller's building, 283 bannatyne, for $130k.

MLS®: 2718322

I've seen a finished space in there for $250 but can't find it on MLS. It's a great location, adjacent to Old Market Square.

1ajs · #14 Posted **Jan 5, 2008, 7:59 AM**

Quote:

Originally Posted by flatlander

If you're not quite ready to bite this off you can get a raw space in the Traveller's building, 283 bannatyne, for $130k.

MLS®: 2718322

I've seen a finished space in there for $250 but can't find it on MLS. It's a great location, adjacent to Old Market Square.

but but its not 3 floors of raw space lol

vid · #15 Posted **Jan 5, 2008, 1:54 PM**

I like the paint job.

Reminds me of our late St Louis Hotel.

Second Empire has unfortunate luck in Thunder Bay.

rgalston · #16 Posted **Jan 5, 2008, 3:19 PM**

Quote:

Originally Posted by flatlander

I've seen a finished space in there for $250 but can't find it on MLS. It's a great location, adjacent to Old Market Square.

It was sold just before Christmas. My wife's cousin was the vendor. He told me that Thomas Steen made an offer but backed out.

newflyer · #17 Posted **Jan 6, 2008, 3:09 AM**

Quote:

Originally Posted by 1ajs

but but its not 3 floors of raw space lol

... 3 floors plus a full basement. Add a frieght elevator.

As the exchange goes through its revival these building will increase in value.
This property has good potencial and 10 years from now this sale may be seen as one of the great steals.

1ajs · #18 Posted **Jan 6, 2008, 4:36 AM**

even now it is newflyer...

1ajs · #19 Posted **Jan 6, 2008, 4:37 AM**

Quote:

Originally Posted by rrskylar

Heck, I must be telepathic, didn't look at the Winnipeg construction forum before I posted this. 1ajs, the building in the top photo of course, someone in the Winnipeg Construc. thread mentioned it was going for sale, thought it was already for sale for years now?

lol or you read newwinnipeg

it was for sale while ago and had a forleas sign on the fence for year and years and years.......

anyone have anyclue whats the status with the able site? other than a burn out shell with gard dogs