Paragon Living has fully leased their new luxury, affordable apartments in Osborne Village in record time after an outstanding response from renters. (Read the Winnipeg Free Press story about it here.
The building at 255 Bell Avenue (adjacent to the Winnipeg Squash Racquet Club) was designed to meet the work-from-home trends that developed during the COVID-19 pandemic, as Paragon changed the design to ensure each suite is suited for people who work from home.
“I think one of the reasons we leased this building so quickly is that it really is appealing for young professionals who work from home at least some of the time,” says Nigel Furgus, president of Paragon Living.
The response to the building is also a testament to Paragon’s growing reputation of developing high quality living spaces that feature great amenities and luxurious finishes at affordable price points.
The four-storey building offers a gym on-site, as well as underground heated parking. In keeping with the desires of Winnipeg renters, 255 Bell is a pet-friendly complex that includes an outdoor dog run.
Leases at this 50 unit complex range from $1,150 for a one bedroom, one bathroom suite. Additional floorplans offer one bedroom plus den and two bedroom, two bathroom suites up to 1,093 square feet.
Each unit features in-suite laundry, a designer kitchen, free high-speed Internet, custom silhouette blinds and water.
Paragon Living celebrated with a ribbon cutting in August where guests, including Councillor Sherri Rollins and Obby Khan, MLA for Fort Whyte, were invited on a tour of the building.
Furgus shared his joy for the building and revitalization of Osborne Village.
“255 Bell Avenue is an important component of how we envision the revitalization of Osborne Village. This lot stood vacant for many years and was not initially developed because the plot required plans for increasing density in the neighbourhood. Our vision was to meet this need to provide housing for an additional 50 families while designing a building that fit in with its historical surroundings and honouring requests from community consultations.”