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Listed by Brett Ackerman • Royal LePage Next Level
$ 3,050,000
Est. payment | /mo
0.4 Acres Lot
$ 3,050,000
Est. payment | /mo
0.4 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Residential Only
Listing Status Active
Purchase Type For Sale
MLS Listing ID SK006790
Year Built 2025
Lot Size 0.400 Acres
Acres 0.39995408
Property Sub-Type Residential Only
Source Saskatchewan
Property Description
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.
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.
Location
Province SK
Interior
Heating Forced Air, Natural Gas
Flooring Wood
Appliance Fridge, Stove, Washer, Dryer, Dishwasher Built In, Air Conditioning
Exterior
Exterior Feature Metal, Other
Garage Spaces 12.0
Amenities Available Visitor Parking
Total Parking Spaces 12
Building
Building Description Wood Frame, Row/Townhouse
Story 2.00
Structure Type Wood Frame
Others
Ownership Freehold
"Our goal is to support local folks and work with good people. It's about doing things right and doing them right here."