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$990,000 total
—
Asset Class
Multifamily
Size
—
Building class
B
Zoning
RF6 — Medium Density
$ / SF
—
Occupancy
91%
Year Built
2015
Lot Size
0.14331955922865014 ac
Turn-key multi-family investment opportunity at 1555 Princess Street in Regina! Built in 2015, this well-maintained 6-unit residential property offers a strong and versatile suite mix with one 1-bedroom, three 2-bedroom and two 3-bedroom units. Designed with modern tenant appeal in mind, the suites feature bright open-concept layouts, contemporary white cabinetry, durable flooring, full appliance packages and in-suite laundry. Situated on a 6,243 sq. ft. corner lot, the property also provides six on-site parking stalls. Natural gas forced-air heating is individually controlled and charged directly to tenants, helping streamline operating costs for ownership. Convenient access to public transit, major routes and nearby amenities, this newer multi-family asset offers an appealing combination of modern construction, functional layouts and long-term income potential. An excellent opportunity for investors looking to expand their portfolio with a purpose-built rental property in Regina. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$40K
Annual cash flow
$-14K
Cash-on-cash
-4.86%
DSCR
0.74
Going-in cap
4.08%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
86,291
Households
35,969
Median income
$65,500
Median age
37.6
Daytime population
80,169
5-yr growth
1.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1555 Princess STREET, Regina.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.