The Opportunity
Overview
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:61970)
Investment highlights
- 01Multi-family
Property details
- Property type
- Multi-family
- Transaction
- sale
- Listing brokerage
- eXp Realty
- Listing representative
- Shaheen Zareh
- Board / association
- Saskatchewan
Financial information
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Location intelligence
Documents
Source Record
Current listing facts, with attribution intact.
- Source
- REALTOR.ca DDF®
- Listing status
- active
- Source ID
- 29065994
- Last supplied
- April 14, 2026
- Listing brokerage
- eXp Realty
- Listing representative
- Shaheen Zareh
- Board / association
- Saskatchewan
Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.
Listing brokerage: eXp Realty · Listing representative: Shaheen Zareh · Board/association: Saskatchewan · Updated: Apr 14, 2026
Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.
