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500 2128 DEWDNEY Avenue
Warehouse District Regina S4R 1H2

$559,900
Residential beds: 2 baths: 2.0 3,068 sq. ft. built: 1910

Main Photo: 500 2128 DEWDNEY Avenue in Regina: Warehouse District Residential for sale : MLS®# SK051942
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Status:
Active
Prop. Type:
Residential
MLS® Num:
SK051942
Bedrooms:
2
Bathrooms:
2
Year Built:
1910
Welcome to 500-2128 Dewdney Avenue, an extraordinary opportunity to own a piece of Regina’s history in the iconic Ackerman Building, ideally situated in the vibrant Warehouse District! Surrounded by a mix of restaurants, pubs, bars, local shops, trendy coffee shops, fitness facilities and so much more. With the ongoing revitalization of Dewdney Avenue bringing new patios, greenspaces and walking paths to the area, this location is becoming an increasingly desirable place to call home. The Ackerman Building is a Regina landmark, originally constructed in 1910 and famously surviving the devastating 1912 Regina tornado, which tore away the top two floors before they were rebuilt. Today, this historic building offers a unique blend of character, heritage and modern urban living. As you enter into this top floor unit you are instantly impressed with the exposed brick exterior walls, hardwood flooring, high ceilings, all new windows, and fabulous wood beams. The expansive open-concept layout provides incredible flexibility. The front of the unit offers a living room area, while the center of the space is ideal for a dining area. Toward the back there is ample room to create a games area, entertainment space, home office or creative studio, allowing you to customize the space. The kitchen is the focal point of this amazing condo with a multi-level island that looks out onto the city. The large primary bedroom features a vanity with a sink, a large closet area and is connected to the main 4 piece bathroom with a shower and a claw foot tub. The spacious den is currently being used as a second bedroom and has a 2 piece bathroom and the stacked washer and dryer. The freight elevator conveniently opens into a large storage area off the back of the condo, this storage is shared with one other unit. This unit also features an east facing balcony that’s perfect for soaking up the sunshine and BBQing and one personal parking stall in the gated parking lot.
Total Floor Area:
3,068 sq. ft.
Structure Type:
High Rise
Property Sub Type:
Apartment
Num Stories:
1
Bedrooms:
2
Bathrooms:
2.0 (Full:-, Half:-)
Total Rooms:
10
Year built:
1910 (Age: 116)
General Listing Location:
Regina, Warehouse District, Regina
Common Interest:
Condominium
Association Name:
Self Managed - Curtus Collins
Association Phone:
(306) 535-1900
Association Fee:
$481
Association Fee Frequency:
Monthly
Association Fee Includes:
Common Area Maintenance, Insurance, Maintenance Structure, ReserveFund, Sewer, SnowRemoval, Water
Taxes:
$4,773 / 2026
Floor
Type
Size
Other
Main
Bedroom
15' × 13'11"
-
Main
Game Room
20' × 16'
-
Main
Foyer
15'5" × 13'
-
Main
Primary Bedroom
16' × 15'6"
-
Main
Kitchen
16' × 15'
-
Main
Living Room
23' × 16'
-
Main
Office
16' × 15'
-
Main
Dining Room
15'5" × 11'6"
-
Floor
Ensuite
Pieces
Other
Main
No
-
8' x 4'4"
Main
No
-
9'11" x 14' FourPieceBathroom
View:
City, Skyline
Appliances:
GasWaterHeater, WaterSoftenerRented, Dryer, Dishwasher, MicrowaveHoodFan, Refrigerator, Stove, Washer
Lease Considered:
No
Community Features:
Elevator
Interior Features:
Window Treatments
Pets Comments:
Pets Restrictions:Allowed With Restrictions
Laundry Features:
InUnit
Window Features:
WindowTreatments
Lot Features:
Greenbelt, Near Park
Patio And Porch Features:
Balcony
Direction Faces:
South
Num Stories:
1
Construction Materials:
Brick, Masonry
Roof:
Tar/Gravel
Heating:
Forced Air, Natural Gas
Cooling:
Central Air
Uncovered Spaces:
1
Other Parking:
Gravel Drive,Garage Door Remote Num:1
Total Parking Spaces:
1
Parking Features:
Driveway, Gravel, Parking Space(s), Garage Door Opener
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Listed by RE/MAX Crown Real Estate
Data was last updated November 2, 2026 at 12:35 AM (UTC)
Area Statistics
Listings on market:
718
Avg list price:
$324,950
Min list price:
$39,900
Max list price:
$3,988,000
Avg days on market:
40
Min days on market:
2
Max days on market:
307
Avg price per sq.ft.:
$278.64
These statistics are generated based on the current listing's property type and located in Regina. Average values are derived using median calculations. This data is not produced by the MLS® system.

The Condo as an Investment

Condos are Regina's most accessible rental investment — lower entry prices than houses, no exterior maintenance eating your weekends, and steady tenant demand near downtown, the University of Regina, and the hospitals. But the investment case lives or dies on one line the listing doesn't advertise: the condo fee inside your monthly math. Rent minus mortgage, taxes, insurance, and the fee — with a vacancy allowance and something set aside for repairs — is the real return, and a low purchase price with a heavy fee is often worse than a higher price with a lean, well-run corporation behind it. That's the arithmetic Pino runs with clients before a viewing is ever booked, and it's why the corporation's fee history and reserve fund trajectory matter as much to an investor as the tenant-facing finishes.

The bylaws get the same scrutiny: rental permissions come first — some corporations restrict or condition renting units out, and finding that out after possession is an expensive way to learn. Confirming what the corporation allows is step one of every investor file.

First Units and Bank Sales

The same math serves buyers who'll live in the unit. Condos remain the lowest-priced path into Regina ownership, and comparing a suite's all-in monthly cost against rent for the same building answers "should I keep renting?" with numbers instead of opinions. And because Pino works foreclosures and bank sales regularly, he can also walk you through the condos that surface there — where the unit sells as-is, seller disclosures don't exist, the fee status and any pending special assessments need verifying through the corporation's certificate, and court timelines replace normal negotiation. The discounts can be real; they're only worth taking with the diligence done. Weighing a condo against a starter house? Run both searches side by side, starting with Regina houses.

Run the numbers first

Whether it's your first suite, a rental unit, or a bank-sale opportunity, Pino's process starts the same way: realistic rents or carrying costs, the fee in the math, the bylaws checked, and the corporation's paperwork verified before conditions come off. Call or text 306-591-5580 to run a property you're watching.

Regina condo questions Pino hears most

They can be — the entry price is low and tenant demand near downtown, the university, and the hospitals is steady. The deciding factor is the monthly math with the condo fee included: a unit that cash-flows after mortgage, taxes, insurance, fees, and a vacancy allowance is an investment; one that doesn't is a hope. Pino runs that calculation with you before anything else.

Start with the bylaws — confirm the corporation permits rentals and on what conditions. Then the corporation's health: fee history, reserve fund, and any repairs coming that could raise fees and erase your margin. Finally the unit itself: durable finishes and a layout tenants actually want beat cosmetic upgrades every time.

The unit typically sells as-is with no seller disclosures, so the inspection and the corporation's certificate carry the whole diligence load — including verifying the unit's fee status and any pending special assessments. Court-ordered sales also run on the court's timeline and process rather than a normal negotiation. Priced right, they're opportunities; unexamined, they're traps.

It's a budget and lifestyle call, not a right answer. A condo gets you in at a lower price with predictable monthly costs and no exterior upkeep; a house costs more up front, puts maintenance on you, and typically gives you more control and land. Compare the true all-in monthly cost of each against your rent — the numbers usually make the decision obvious.

Regina houses· Farms & land· Regina neighbourhoods· Free home evaluation

Pino Palamara, REALTOR® with Optimum Realty Inc., Regina

Pino Palamara

REALTOR®, Optimum Realty Inc. · Resale · Investment · Relocation

First suite, rental unit, or bank-sale opportunity — Pino runs the numbers and checks the paperwork so the condo earns its keep.

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