The Hamilton
1867 & 1871 Hamilton Street
Bâtiment
Summary
- Residential Condos 1867 Hamilton Street
- Commercial Condo 1871 Hamilton Street
- Units Available 23 Residential condominium unites sizes ranging from 650 sf - 998 sf
- Unit Available One commercial office condominium unit
- Unit Mix Seven - two bedroom one bath; Six - two bedroom two bath; Ten - one bedroom one bath
- Size Total 10,009 sf according to condominium plan (office area - 8,428 sf; storage area - 232 sf; vacant - 1,349 sf)
- Parking 26 parking stalls are included with the 23 residential condominiums.
- Parking 10 parking stalls are included with the commercial office condominium which are leased to the current tenant (8 included in lease and 2 direct to employees)
- Residential Condos Asking Price $5,275,460
- Commercial Condo Asking Price $3,032,000 (NOI available upon request)
An exceptional opportunity to acquire 23 residential condo units in The Hamilton, located in the heart of downtown Regina. These fully furnished units are currently operated as fully furnished executive suites with short and mid term rental options, providing immediate cash flow potential (existing furniture is negotiable). Investors also have the opportunity to convert these units to long-term rentals, providing additional value and flexibility to suit different investment strategies.
The property’s modern finishes, scenic downtown views, and proximity to shopping, dining, and entertainment creates a highly desirable living environment for tenants, positioning these units for strong demand and continued income generation.
The commercial condominium at 1871 Hamilton Street offers a stable and secure investment opportunity. 8,660 square feet is currently leased to His Majesty the King in right of Canada represented by the Minister of Public Works and Government Services (Canada Border Services Agency), this long-term government tenant ensures reliable cash flow and minimal management responsibilities.
The specialized commercial unit generates steady Net Operating Income (NOI), supported by the secure tenancy and its prominent location in downtown Regina. The lease was renewed effective August 1, 2024. This well-maintained property offers investors a dependable income stream with potential for long-term value appreciation.
For further insight into the financial performance, including detailed information on Net Operating Income (NOI), investors can request access to the Confidential Information Memorandum (CIM) and Data Room. Access is available upon signing a Confidentiality Agreement and an Agency Disclosure Form.
