
Multi-Family For Sale
$3,199,000
MLS® Number: SK030633
Land Size
17,422
Year Built
2025
Multi-Family For Sale
$3,199,000
Land Size
17,422
Year Built
2025
75 3rd AVENUE, Lumsden, Saskatchewan
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
Listed By
Royal LePage Saskatoon Real Estate
Mortgage Calculator
Estimated Monthly Payment
$15,716
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$15,716
Principal and interest only. Actual rates may vary.