About this home

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. (id:63626)

Listed by: Brett Ackerman, Salesperson, Royal LePage Saskatoon Real Estate

Home facts and features

Price details

List Price

$3,199,000

Gross Taxes for 2025

$18,000

Home facts

Bedrooms

Full Bathrooms

Parking Spaces

Property Type

Multifamily

Lot Size

17422 ft²

Depth

Year Built

Built in 2025 (1 yrs old)

Title

Freehold

Heating Type

Forced air, Natural gas

Cooling

Air Conditioned

Features

Treed

Appliances

Dishwasher, Dryer, Refrigerator, Stove, Washer

Agent details

Primary Agent

Brett Ackerman

Primary Broker

Royal LePage Saskatoon Real Estate

Secondary Agent

Shayla Ackerman

Secondary Broker

Royal LePage Saskatoon Real Estate

Listing details

Days on REW

78 Days

Property Views

MLS® Number

SK030633

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

3 Schools are within 0km

Lumsden Elementary School

n/a
K - 8

Arm River Colony School

n/a
K - 12

Lumsden High School

n/a
9 - 12

75 3rd AvenueLumsden, SK, S0G 3C0