1174 Albert Street, Regina
Discover a rare gem in Regina's vibrant rental market: the Albert Street Properties Inc. Portfolio, a well-maintained collection of residential apartments and commercial spaces spanning prime addresses on Albert Street . As of September 2025, this income-producing asset delivers a projected cap rate of 7.3% with low vacancy and built-in growth through annual escalations and quick-fill residential units. With heat and water included for residents (tenants cover electricity), operational costs are streamlined, making this an ideal hold for passive income or value-add investors. Recent updates include plumbing, boiler, and roof replacement, ensuring minimal capex and reliable performance. This 19-unit residential complex paired with 5 high-traffic commercial spaces benefits from long-term leases (3-5 years, signed 2023-2025) that anchor stability, while the central location—steps from downtown amenities, the University of Regina, transit, and shopping—drives consistent demand in Regina's appreciating market. (id:1945)
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Property details for 1174 Albert Street, Regina
- Type
- Multi-family
- Style
- Low rise
- Stories
- 3
- Heating
- Natural gas, Hot Water
- Ownership
- Freehold
- Annual Taxes
- $20,075 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 1174 Albert Street
Active Listings
344
Min Price
$11,500
Max Price
$5,800,000
Avg Price
$302,202
Days on Market
99
days
Sold Listings
141
Min Sold Price
$15,900
Max Sold Price
$1,320,000
Avg Sold Price
$231,159
Days until Sold
65
days
Price History
Listed
November 4, 2025
by eXp Realty
Current Price
$2,399,900
-4% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $2,399,900 | $100,000 (-4%) |
| Apr 14, 2026 | $2,499,900 | Listed |
