See all 44 photos
$3,050,000
Est. payment /mo
0.4 Acres Lot
New
75 3rd AVENUE Lumsden, SK S0G3C0
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID SK006790
Year Built 2025
Lot Size 0.400 Acres
Acres 17422.0
Property Sub-Type Freehold
Source Saskatchewan REALTORS® Association
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. (id:24570)
Location
Province SK
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Air Conditioned
Exterior
Parking Features No
Fence Fence
Community Features Pets Allowed
View Y/N No
Total Parking Spaces 12
Private Pool No
Building
Lot Description Lawn, Fully landscaped
Story 2
Others
Ownership Freehold
Virtual Tour https://www.youtube.com/shorts/dVtZwxNdXmU