$2,399,900
FOR SALE

Multiplex

1174 Albert Street
Regina, SK S4R 2R1 | Washington Park

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:47421)
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Listed By eXp Realty
Data Provided By Saskatchewan REALTORS® Association
MLS® Listing Number SK022299
Last Updated Apr 14, 2026
Property Summary
Property Type Multiplex

More like this:
Neighbourhood Washington Park
Price History

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Detailed Information
Amenities Nearby Public Transit
Listing Contract Date 2025-11-03
Ownership Type Freehold
Property Type Multi-family
Transaction Type For sale
Building
Amenities Shared Laundry, Shopping Area
Appliances Washer, Refrigerator, Dryer, Stove
Architectural Style Low rise
Constructed Date 1918
Heating Fuel Natural gas
Heating Type Hot Water
Stories Total 3
Type Multi-Family
Land
Amenities Public Transit

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