1174 ALBERT STREET
Saskatchewan · S4R2R1
$2,399,900
About this residence
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:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Ownership
- Freehold
- Storeys
- 3
- Year built
- 1918
- Annual tax
- $20,075
- MLS®
- SK022299
- Board
- Saskatchewan
- Status
- Active
- Listed
- Nov 4, 2025
- Updated
- Apr 14, 2026
Features & finishes
Appliances
- Washer
- Refrigerator
- Dryer
- Stove
Heating
- Hot Water
- Natural gas
Architecture
- Low rise
Financing
Estimated monthly payment
$11,224/mo
Loan amount
$1,919,920
Down payment
$479,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Saskatchewan
Nearby
About the area
Census · S4R- 34,399
- Population
- 39
- Median age
- $81,000
- Median income
- $300,000
- Median home value
- 68%
- Home ownership
- 18 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 1174 ALBERT STREET?
1174 ALBERT STREET is listed for $2,399,900, in Saskatchewan.
What type of home is 1174 ALBERT STREET?
1174 ALBERT STREET is a Multi-family, Multi-Family set over 3 storeys, built in 1918.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $11,224. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $20,075 per year.
What is the Saskatchewan area like?
Saskatchewan has a population of about 34,399, a median age of 39, a 68% home-ownership rate, with an average commute of about 18 minutes.
What is the average home value in Saskatchewan?
The median dwelling value in this area is approximately $300,000, based on census data via Neighbourly.
What is the median household income in Saskatchewan?
The median household income in this area is approximately $81,000.
Private viewings
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