R19//Riverton/This turn-key, fully leased, investment property offers a diversified and immediate income stream. The 12 residential units (5x1 and 7x2 bedrooms; 1 bathroom each) includes 3 kitchen appliances, in-suite laundry, hrv, hwt, individual heat/cool (1st floor-in-floor heat), very large balcony and parking. The 4 commercial units each have separate meters. All Tenants pay for hydro. Well water/filtration system shared. Town sewer.Located 130 kms north of Winnipeg, this 2-storey, 11 year old, meticulously maintained property is priced well below what it would cost to build new today.Riverton is a vibrant community, just steps from the Icelandic River and close to Lake Winnipeg. Diversified local economic drivers and many essential services and amenities in the area help support long-term tenant retention. This is a rare, revenue-generating asset positioned for immediate cash flow. An information package, including income and expenses, is available. Call today for a showing! (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
Yes
Community:
RM of Bifrost
Structure Type:
Apartment
Bathrooms:
0.0
Fireplace:
No
Heating:
Electric baseboard units, Forced air, In Floor Heating
Data was last updated August 5, 2026 at 04:45 PM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$599,900
Min list price:
$89,900
Max list price:
$2,500,000
Avg days on market:
43
Min days on market:
3
Max days on market:
128
Avg price per sq.ft.:
$235.99
These statistics are generated based on the current listing's property type
and located in
RM of Bifrost. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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