1174 Albert STREET
Regina, Saskatchewan
MLS® SK022299
$2,399,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- SK022299
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1918
1 / 39Listing 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.
Property summary
- MLS® number
- SK022299
- Property type
- Multi-family
- Building type
- Multi-Family
- Title
- Freehold
- Built in
- 1918
- Annual property taxes
- $20,075.00
- Days on market
- 295 days
Features & details
- Heating
- Natural gas, Hot Water
- Appliances
- Washer, Refrigerator, Stove, Dryer
- Architectural style
- Low rise
What would this home cost you?
Based on the $2,399,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of eXp Realty, Regina.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.