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405 King Edward St, Winnipeg, R3J 1L6
MLS® Number 202621481
- $499,900
- 4
- 3
OFFERS ANYTIME | Turn-key investment opportunity in the heart of St. James! This stunning new bi-level offers a fully self-contained secondary suite—perfect for investors or owner-occupiers looking to offset their mortgage. The main floor features a bright open-concept layout with vaulted ceilings, spacious living and dining areas, and a modern kitchen complete with quartz countertops and included appliances. This main unit also offers 2 large bedrooms and 2 full bathrooms (one is an ensuite), providing excellent space for families. The lower level secondary suite is approximately 815 sq. ft. and features 2 bedrooms, 1 full bathroom, and similar modern finishes to the upper unit, creating a comfortable and attractive space for tenants or extended family. The property is fully landscaped with rear parking for 3 vehicles and all appliances included. Currently rented with FANTASTIC rents ($1700 & $1500 + utils) | This is not only cash flow positive, it's a CASH COW! | NEXT DOOR DUPLEX ALSO FOR SALE FOR A POSSIBLE 4 UNITS TO OWN! | A fantastic opportunity to own a modern income property in a desirable St. James location!
- Basement Development Fully Finished
- Bathrooms 3
- Bathrooms (Full) 3
- Bedrooms 4
- Building Type Bi-Level
- Built In 2025
- Depth 113.00 ft
- Exterior Composite, Stucco
- Floor Space 1035 sqft
- Frontage 25.00 ft
- Gross Taxes $1,843.79
- Neighbourhood St James
- Property Type Residential, Duplex
- Rental Equipment None
- Tax Year 2026
- Features
- Air Conditioning-Central
- High-Efficiency Furnace
- Heat recovery ventilator
- Sump Pump
- Goods Included
- Dryers - Two
- Dishwashers - Two
- Fridges - Two
- Microwaves - Two
- Stoves - Two
- Washers - Two
- Parking Type
- Parking Pad
- Site Influences
- Flat Site
- Back Lane
- Landscape
Rooms
| Level | Type | Dimensions |
|---|---|---|
| Main | Living Room | 14.00 ft x 12.00 ft |
| Kitchen | 18.00 ft x 9.00 ft | |
| Bedroom | 13.00 ft x 10.25 ft | |
| Bedroom | 11.42 ft x 12.00 ft | |
| Three Piece Ensuite Bath | - | |
| Four Piece Bath | - | |
| Basement | Living Room | 18.00 ft x 15.00 ft |
| Kitchen | 18.00 ft x 15.00 ft | |
| Bedroom | 10.42 ft x 9.67 ft | |
| Bedroom | 10.92 ft x 11.00 ft | |
| Four Piece Bath | - |