Real Estate

960 Logan Ave Winnipeg, MB

Unreserved

Pick up location: 960 Logan Avenue Winnipeg, MB

Auction: UNRESERVED REAL ESTATE - 960 Logan Avenue Winnipeg, MB

Lot: 1503

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Close Date

Tue May. 14, 2024 1:00 pm CST

Opening Bid: 10000 CAD

0 bids

Item Quantity: 1

Condition: THIS AUCTION REQUIRES PRE-REGISTRATION

PST: Normal

Subject to a $1,500.00 Buyers Fee.
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Listing Details

Features and Specifications

Details: Welcome to Winnipeg, Manitoba.
Known as the Gateway to the West, Winnipeg is the capital and largest city in the province of Manitoba. It is Canada's sixth largest city by population.
This auction is for 960 Logan Avenue located in the City of Winnipeg.
 
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Property Information:
Legal Land Index: RL 11 JO XANTE ST N OF ALEXANDER S OF PROD OF SL PL 438; Lot 3-7 Block 32 Plan 117 RL 11 JO S OF PLAN 438; Lot 8, 10-12 Block 32 Plan 117 RL 11 JO; Lot 9 Block 32 Plan 117 RL 11 JO EX RLY PLAN 438; Lot 12 Block 34 Paln 117 RL 11 JO EX RLY PL 438; Lot 1 Plan 6182 W 13 FT KNOX ST (CLOSED) PL 117
Title Number: 1020845/1,
Property Size: 1.1 Acres,
Frontage: 246 feet,
Zoning: M3 (Manufacturing Heavy)
Neighbourhood: Logan - CPR,
Property Influences: Heavy Traffic Corridor, Rail Line Adjacent,
Taxes: Approximately $ per year,
Water: City,
Sewer: City,
Power & Heat: Hydro,
 
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Structure Information:
Fire Damaged 2 Storey Structure,
Concrete, Brick, and Mortar Construction,
Approximately 20,000 Sq. Ft.,
 
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Important Information:
Property under an Order to Mitigate declaration from the City of Winnipeg,
Current Deadlines are:
Owner is requesting extension of deadlines, listing will be updated if granted
May 31, 2024 - Obtain Services of a demolition contractor licenced with City of Winnipeg with a D1 or D Prime licence and apply for a demolition permit for subject property,
June 30, 2024 - Obtain necessary demolition permit for subject property,
September 30, 2024 - Structure to be demolished, leaving the site clean and level,
City of Winnipeg will consider allowing the structure to be recovered, Subject to a Structural Assessment Report by Structural Engineer,
Some Asbestos (deemed low risk) was found when the site was tested in November 2023 in an Asbestos Containing Materials Inventory Report (full report attached below),
Approved list of demolition contractors can be found at: legacy.winnipeg.ca/ppd/permits/contractor_licensed_demolition.stm,
 

Lot Overview

Viewing:
Viewing upon request, please call the real estate department for an appointment at 306-271-1505.

Terms and Conditions: Auction will close on Tuesday, May 14, 2024.

1. Upon close of auction the highest bidder will be required to pay a non-refundable deposit with certified funds to McDougall Auctioneers of 10% plus the Buyer's Fee and applicable taxes within 24 hours. If you are the highest bidder, your refundable deposit will automatically be applied to and become part of your non-refundable deposit.
2. Remainder of funds to be paid into trust with your lawyer within 21 business days of acceptance of sale.
3. The Purchaser shall be responsible for the costs of its solicitor and for the costs of registration of the appropriate transfer document(s), and any mortgage costs it might incur.
4. Possession to occur within 21 business days of the close of the auction.
5. All auction items are sold buyer beware and as is where is.
6. Subject to a $1500 Buyers Fee.
7. Sold free and clear of all liens and encumbrances. Except for a City of Winnipeg Order to Mitigate.
8. Offers may be subject to the approval of appropriate parties.

THIS AUCTION SALE REQUIRES PRE-REGISTRATION!!
A refundable deposit of $10,000 is required to participate in this sale. Please allow a minimum of 24 hours to be registered.
NO FINAL DAY REGISTRATIONS WILL BE PERMITTED.
Please contact our Real Estate office to start the registration process. Prior to contacting our office, please ensure you have your bidding account for mcdougallauction.com completed and set up. Our Real Estate Office is available by phone or email, Monday to Friday, 8 AM to 4:30 PM. Phone 306-271-1505. Email: realestate@mcdauction.com
Refundable deposit will be returned within 5 business days to unsuccessful bidders. You may also provide us a copy of a void cheque so that we can return the deposit more quickly.

If you are the highest bidder, your refundable deposit will automatically be applied to and become part of your non-refundable deposit.

Auctioneers Note: Clean up is required and ordered by the City of Winnipeg, on this M3 Zoned (Manufacturing Heavy) - 1.1 Acre Parcel in the heart of Winnipeg. Located adjacent to Heavy Traffic Corridor and Rail Line.

For More Information Regarding This Sale, Please Contact:
Cory Hall at 306-541-4409 or 306-271-1505.

Documents

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Terms

TERMS & CONDITIONS - Cash, Debit, Bank Draft, Corporate Creditor Or Online Payments. (3% Convenience Fee On Credit Card Transactions) - Buyer's Fee of $1,500. - Subject To Additions & Deletions.

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