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Turnkey investment opportunity in North Kildonan! Welcome to 374 McKay Avenue, a legally converted triplex generating $4,045/month ($48,540 annually) with a strong 6% cap rate. This solid 1,200 sq ft bungalow (built in 1957) sits on a 50’ lot with front & rear drive access and parking for 4–5 vehicles. Main floor features two self-contained suites: Unit A (2 bed & 1 Bath) rented at $1,500 + hydro, and Unit B (1 bed & 1 Bath) rented at $950 + hydro. The fully permitted basement conversion (Unit C) offers a 2 bed suite rented at $1,595 + hydro.
Three separate hot water tanks, long-term reliable tenants, and excellent income stability with $37,117 NOI. Located on a multifamily-friendly street offering future development flexibility. Solid structure, strong numbers, and smart upside.

• Bathrooms 3
• Built In 1957
• Depth 99.00 ft
• Frontage 50.00 ft
• Gross Taxes $5,052.95
• Property Type Commercial, Triplex
• Tax Year 25
• Units 3