$3,199,000
FOR SALE

Multiplex

75 3rd Avenue
Lumsden, SK S0G 3C0

Welcome to this brand new 12-unit apartment building in the vibrant community of Lumsden—an outstanding opportunity for investors seeking a turnkey, high-quality asset. Just a 15-minute drive from Regina, this purpose-built rental has been thoughtfully designed for long-term durability, energy efficiency, and strong tenant appeal. Each of the 12 self-contained suites showcases modern finishes, including luxury vinyl plank flooring, quartz countertops, stainless steel appliances, in-suite laundry, and individual high-efficiency furnaces with central air on the 3 bedroom units. Expansive windows flood the units with natural light, and enhanced soundproofing ensures quiet, comfortable living. The unit mix includes 6 spacious 3-bedroom suites, 2 well-appointed 2-bedroom suites, and 4 bright 1-bedroom units—offering maximum flexibility to attract a diverse tenant base. Additional features include ample on-site parking, secure building access, fenced backyards, and finished landscaping. Located close to schools, local shops, and the hockey rink, this newly completed building is ready for tenant occupancy. It also qualifies as an excellent candidate for CMHC MLI Select financing, with potential to purchase with as little as 5% down—making it a rare opportunity for both seasoned and aspiring investors. Don’t miss your chance to own a premium income-generating asset in one of Saskatchewan’s most desirable small-town communities. (id:47421)
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Listed By Royal LePage Saskatoon Real Estate
Data Provided By Saskatchewan REALTORS® Association
MLS® Listing Number SK030633
Last Updated Apr 24, 2026
Property Summary
Property Type Multiplex

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Price History

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Detailed Information
Community Features Pets Allowed
Features Treed
Listing Contract Date 2026-03-18
Ownership Type Freehold
# of Parking Spaces 12
Property Type Multi-family
Structures Deck
Transaction Type For sale
Building
Appliances Washer, Refrigerator, Dishwasher, Dryer, Stove
Constructed Date 2025
Cooling Type Air Conditioned
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Type Multi-Family
Land
Total Size 17422 square feet
Fence Type Fence
Landscape Features Lawn, Fully landscaped
Size of Irregular Land 17422.00

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