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$3,199,000

75 3rd AVENUE, Lumsden, Saskatchewan, S0G 3C0

MLS® # SK030633

Lumsden SK, S0G 3C0

MLS® # SK030633

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Air Conditioned
  • Appliances: Washer, Refrigerator, Dishwasher, Dryer, Stove

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 2025
  • Community Features: Pets Allowed
  • Features: Treed
  • Fence Type: Fence
  • Irregular: Yes
  • Landscape Features: Lawn, Fully landscaped
  • Lot Size: 17422.00 Square Feet
  • Structure Type: Deck
  • No. of Parking Spaces: 12

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 75 3rd AVENUE, Lumsden, Saskatchewan, S0G 3C0

Demographic Information of 75 3rd AVENUE, Lumsden, Saskatchewan, S0G 3C0

Life Stage

Growing Families

Employment Type

Mixed

Average Household Income

$152,758.83

Average Number of Children

1.85

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.28 %

High school certificate or equivalent

25.25 %

Apprenticeship trade certificate/diploma

13.39 %

College/non-university certificate

23.57 %

University certificate (below bachelor)

0.97 %

University Degree

25.54 %

Commuter

Travel To Work

By Car

90.53 %

By Public Transit

0.0 %

By Walking

5.94 %

By Bicycle

1.9 %

By Other Methods

1.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.59 %

Houses

92.41 %

Own Vs. Rent