1174 Albert Street Regina, SK S4R 2R1
Listing Courtesy of: SASKATCHEWAN / Listed By: eXp Realty

  1174 Albert Street Regina, SK S4R 2R1

Active (299 Days)
$2,399,900 (CAD)

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.

MLS®:
SK022299
Taxes
$20,075(2025)
Type
Multifamily
Year Built
1918
Community
Washington Park

Listed By

Shaheen Zareh, eXp Realty
Source
SASKATCHEWAN
Last checked Aug 28 2026 at 12:18 PM EDT
Bathroom Details
Interior Features
  • Appliances : Fridge
  • Appliances : Stove
  • Appliances : Washer
  • Appliances : Dryer
Subdivision
  • Washington Park
Heating and Cooling
  • Natural Gas
  • Hot Water
Flooring
  • Wood
Exterior Features
  • Brick

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Apr 14, 2026
Price Changed
$2,399,900
-4%
-$100,000
Feb 10, 2026
Price Changed
$2,499,900
-4%
-$100,000
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Disclaimer: Copyright 2026 Saskatchewan Realtors Association. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/28/26 05:18