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Multi-Family For Sale

$3,199,000

75 3rd AVENUE

MLS® Number: SK030633

Land Size

17,422

Year Built

2025

About This Property

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.

Property Details

Interior Details

Appliances

Washer, Refrigerator, Dishwasher, Stove, Dryer

Cooling

Air Conditioned

Heating

Forced air, Natural gas

Building & Exterior

Number Of Units Total

12

Stories

2.0

Year Built

2025

Land & Location

Community Features

Pets Allowed

Lot Features

Treed

Lot Size Area

17422.0 sqft

Lot Size Dimensions

17422.00

Postal Code

S0G3C0

Listing & Financials

Listing Office

Royal LePage Saskatoon Real Estate

Originating System Name

Saskatchewan REALTORS® Association

Other Specifications

Common Interest

Freehold

Country

Canada

Parking Total

12

Mortgage Calculator

20% ($639,800)
5.5%
25 Years

Estimated Monthly Payment

$15,716

Principal and interest only. Actual rates may vary.

Location & Map

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