Address
2216 Lorne Street, Regina, SK
Price
$ 799,900
Property Attributes
  • ID#SK043631
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityRegina
  • CityRegina
  • AreaRegina
  • NeighbourhoodTransition Area
  • Postal CodeS4P 2M7
  • Style2 Level
  • Year Built1939
  • Price$ 799,900
  • Bedrooms2
  • Bathrooms6
  • Half Bathrooms0
  • Sqr Footage4907
  • Lot Size0.14 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

• MIXED-USE OPPORTUNITY • 3 CONDO-TITLED LEVELS • 6-7 POTENTIAL UNITS • PRIME CENTRE SQUARE LOCATION • FLEXIBLE ZONING • AMPLE PARKING • Position your business for success while creating multiple income streams with this renovated mixed-use property, just south of the downtown core and steps to College Ave. Offering exceptional flexibility, this three-storey building with a full basement has been condominiumized into separate titled main, second and third levels, each with its own electrical and natural gas meters. There are six self-contained units, and a small office on the main floor that could be a seventh rental space. Each unit (with the exception of the office) features its own private entrance, kitchen, laundry and bathroom, allowing for a wide range of residential and/or commercial applications. Whether you’re envisioning boutique short-term or long term accommodations, professional offices, studio spaces or a combination of uses, this property offers outstanding versatility. The paved rear lot provides ample on-site parking for tenants, customers & guests. The flexible zoning allows numerous permitted uses including dwelling units, bed & breakfast, day care, nursery schools, social service homes and supportive living homes, while additional discretionary uses include offices, art galleries, personal service establishments, restaurants, licensed dining or cocktail rooms, apartment developments, seniors’ assisted living, private schools, religious institutions, recreational service facilities, confectionary stores & house-form commercial. An ideal opportunity for an owner-occupier to operate a business on one level while generating revenue from the remaining suites, or for investors seeking a unique income-producing property with exceptional redevelopment and future growth potential. The main floor & lower level combined would also make an excellent residence. There is also the option to convert to a single title for tax savings if desired. (id:7434)

General Features

Features Irregular lot size, Wheelchair access, Balcony
Community Features Pets Allowed With Restrictions
Property Type Single Family
Neighbourhood Transition Area
Building Appliances Washer, Refrigerator, Dishwasher, Dryer, Window Coverings, Stove
Building Architectural Style 2 Level
Building Cooling Type Central air conditioning
Building Type House
Maintenance Fee 0.00
Ownership Type Condominium/Strata
Building.StoriesTotal 2.5

Interior Features

Building Fireplace Present False
Building Heating Type Forced air
Building Heating Fuel Natural gas
Basement Development Finished
Basement Type Full (Finished)
Construction Style Attachment Detached
Living Area Range 4907
Bedrooms 2

Room Details

Room Dimensions Level Flooring Details
2pc Bathroom x x x Basement
4pc Bathroom x x x Main level
Bedroom x x x Main level
Kitchen x x x Main level
Office 11; x 12' Main level
Other 11'10 x 31' Main level

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in S4P 2M7

Price
AVG $800K
$800K
Year Built
AVG 1939
1939

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