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$2,399,900
Saskatchewan,Regina
For Sale Active
1174 Albert STREET, Regina, Saskatchewan S4R2R1
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Basic Details
Description

Discover a rare gem in Regina’s vibrant rental market: the Albert Street Properties Inc. Portfolio, a well-maintained collection of residential apartments and commercial spaces spanning prime addresses on Albert Street . As of September 2025, this income-producing asset delivers a projected cap rate of 7.3% with low vacancy and built-in growth through annual escalations and quick-fill residential units. With heat

and water included for residents (tenants cover electricity), operational costs are streamlined, making this an ideal hold for passive income or value-add investors. Recent updates include plumbing, boiler, and roof replacement, ensuring minimal capex and reliable performance. This 19-unit residential complex paired with 5 high-traffic commercial spaces benefits from long-term leases (3-5 years, signed 2023-2025) that anchor stability, while the central location—steps from downtown amenities, the University of Regina, transit, and shopping—drives consistent demand in Regina’s appreciating market. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: SK022299
  • Price: $2,399,900
  • Year Built: 1918
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 285210
Features & Appliances
Features
  • Heating System: Hot Water, Natural gas
  • Architectural Style: Low rise
Address Map
  • Location: CA, Saskatchewan, Regina, S4R2R1
  • Longitude: W105° 22' 53.8''
  • Latitude: N50° 27' 35.9''
Additional Information
  • Number Of Units Total: 19
  • Stories: 3.0
Financial
  • Tax Annual Amount: 20075
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Listing updated: 2026-04-24 19:56:44
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Listing Information
  • List Agent Key: 1758777
  • List Office Key: 285210
  • Modification Timestamp: 2026-04-14T21:50:09Z
  • Originating System Name: Saskatchewan REALTORS® Association
  • Status Change Timestamp: 2026-04-14T21:43:38Z
Powered by REALTOR.ca
Listing updated: 2026-04-24 19:56:45
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