84 Perseus Way

Property Overview & Key Characteristics

84 Perseus Way is a land-only listing in Winnipeg's West Kildonan Industrial area. Its primary appeal lies in the value and potential of the lot itself, rather than any existing structure. The 2,550 sqft parcel ranks highly for its size within its immediate street and neighbourhood. The property’s very low assessed value suggests it is a vacant or potentially underutilized industrial lot, representing a base-level entry point into the market.

This listing would suit buyers looking for a strategic land purchase. It's a potential fit for small business owners, investors, or developers seeking an industrial foothold for future building, storage, or operations. Given the low assessed value, it could also appeal to those with the capacity to improve or remediate land. The appeal is fundamentally about location and future potential, not present condition.

Frequently Asked Questions

1. Is there a building on this property?
The listing shows no data for living area, basement, garage, or building type, and the assessed value is consistent with land value alone. This indicates it is a vacant lot or that any existing structure contributes negligible value.

2. What can the land be used for?
It is zoned Industrial within the West Kildonan Industrial neighbourhood. Buyers should verify specific permitted uses and any development restrictions with the City of Winnipeg's planning department, as this is crucial for any business or development plan.

3. Why is the assessed value so much lower than nearby properties?
The listed comparable properties on streets like Rambling River Bay are in a different (Rosser-Old Kildonan) neighbourhood, which isn't a direct comparison. More relevant are the nearly identical assessed values for other lots on Perseus Way itself, suggesting this is the current benchmark for basic, unimproved industrial land in this specific locale.

4. Are utilities and services available to the lot?
This is a critical question for any development. Prospective buyers must investigate the availability and connection costs for essential services like water, sewer, natural gas, and industrial-grade electricity directly with the city and utility providers.

5. What are the immediate next steps if I'm interested?
Due diligence is paramount. This includes confirming the exact zoning, checking for any environmental reports or liens on the title, understanding property tax obligations, and physically inspecting the lot to assess its condition, access, and suitability for your intended use. Engaging a commercial real estate agent and lawyer familiar with industrial properties is strongly advised.