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2216 Lorne Street
Transition Area Regina S4P 2M7

$799,900
Residential beds: 2 baths: 6.0 4,907 sq. ft. built: 1939

Main Photo: 2216 Lorne Street in Regina: Transition Area Residential for sale : MLS®# SK043631
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Status:
Active
Prop. Type:
Residential
MLS® Num:
SK043631
Bedrooms:
2
Bathrooms:
6
Year Built:
1939
• 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.
Total Floor Area:
4,907 sq. ft.
Structure Type:
House
Home Style:
Two and One Half Story
Property Sub Type:
Detached
Property Attached:
No
Num Stories:
3
Bedrooms:
2
Bathrooms:
6.0 (Full:-, Half:-)
Total Rooms:
20
Year built:
1939 (Age: 87)
General Listing Location:
Regina, Transition Area, Regina
Common Interest:
Condominium
Association Name:
Managed by Other
Association Phone:
(306) 539-3170
Association Fee:
$0
Association Fee Frequency:
Monthly
Association Fee Includes:
Other
Land Lease:
No
Taxes:
$6,761 / 2026
Close Plus 30 Days, Negotiable
Floor
Type
Size
Other
Second
Great Room
20' × 12'8"
-
Main
Bedroom
Measurements not available
-
Third
Great Room
24' × 12'8"
-
Basement
Great Room
Measurements not available
-
Main
Great Room
31' × 11'1"
-
Main
Kitchen
Measurements not available
-
Main
Office
12' × 0
-
Third
Kitchen
24' × 12'6"
-
Second
Kitchen
13'5" × 11'
-
Second
Great Room
24' × 12'2"
-
Third
Kitchen
13'2" × 12'5"
-
Third
Great Room
24' × 12'
-
Main
Bedroom
Measurements not available
-
Second
Kitchen
24' × 12'6"
-
Floor
Ensuite
Pieces
Other
Third
No
-
FourPieceBathroom
Third
No
-
FourPieceBathroom
Basement
No
-
TwoPieceBathroom
Second
No
-
FourPieceBathroom
Second
No
-
FourPieceBathroom
Main
No
-
FourPieceBathroom
Appliances:
GasWaterHeater, Dryer, Dishwasher, Refrigerator, Stove, Washer
Accessibility Features:
WheelchairAccess
Lease Considered:
No
Interior Features:
Window Treatments
Pets Comments:
Pets Restrictions:Allowed With Restrictions
Window Features:
WindowTreatments
Lot Features:
Irregular Lot
Patio And Porch Features:
Balcony
Num Stories:
3
Construction Materials:
Brick, Stucco
Basement:
Full, Finished
Roof:
Asphalt, Shingle
Heating:
Forced Air, Natural Gas
Cooling:
Central Air
Other Parking:
Asphalt
Total Parking Spaces:
6
Parking Features:
Asphalt, Parking Space(s)
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Listed by Century 21 Dome Realty Inc.
Data was last updated November 9, 2026 at 08:35 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$152,400
Min list price:
$54,900
Max list price:
$799,900
Avg days on market:
37
Min days on market:
1
Max days on market:
207
Avg price per sq.ft.:
$202.49
These statistics are generated based on the current listing's property type and located in Transition Area. Average values are derived using median calculations. This data is not produced by the MLS® system.

From the Farm to Town

A big share of Tim's condo clients arrive here by a road he knows personally: the farm is selling, and town is next. It's one of the most common transitions in Saskatchewan life, and it's really two transactions that have to land as one — the farm sale, with its tenant timelines, tender deadlines, and crop-year possession quirks, and the condo purchase that has to be ready when the farmhouse empties. Because Tim handles farm sales as Optimum's farm and land specialist, his clients don't coordinate two agents who've never met: one advisor runs the sequence, prices both sides realistically, and lines the possessions up so the move happens once. And he understands the harder part too — leaving land your family worked isn't a real estate decision, it's a life decision that happens to include one. No shortcuts, no pressure applies doubly here.

Picking a Condo When You're Used to a Quarter Section

Going from a yard, a shop, and open horizon to shared walls is a real adjustment — and the right condo style shrinks it. Bare-land and townhouse condos keep a front door, a garage for the truck and tools, and often enough space that it still feels like your place, with the snow and grass handled. Apartment-style buildings trade the garage bay for the fullest lock-and-leave freedom — the right answer for owners who winter away or still spend half the year at the lake or the home quarter. Either way, the diligence is the same discipline Tim applies to land: the corporation's reserve fund, fee history, minutes, and bylaws reviewed before conditions come off, storage and parking confirmed in writing, and the building matched to how you'll actually live — including whether the grandkids' trucks have somewhere to park when they visit. Sizing up a house in town instead? Compare side by side with Tim's Regina homes search.

One advisor, both transactions

Selling the farm and buying in town works best as a single plan — the land marketed properly, the condo chosen carefully, and the possession dates engineered to meet in the middle. Tim runs that whole sequence. Call or text 306-526-8196 to start the conversation, no pressure attached.

Condo questions Tim hears most

With the farm's timeline, because it drives everything: tenant arrangements, possession that may align to the crop year, and a marketing window that reaches the right buyers. Once that shape is clear, the condo search runs alongside it, with possession dates planned to meet. Doing both with one advisor keeps the two halves honest with each other.

Usually a bare-land or townhouse-style condo: a private entrance, an attached garage for the truck and the tools that survived the auction, and outdoor space that's yours — with the corporation handling snow and grass. Apartment-style suits owners who want maximum lock-and-leave. The honest question is what you'll miss most about the yard, and buying the style that answers it.

It's what condos do best: lock the door and go — to the lake, the home quarter, or south for the winter — with the building maintained while you're away. Two practical checks: tell your insurer about extended absences so your policy's vacancy provisions are satisfied, and pick a building whose fee covers what matters when you're gone, like heat and exterior care.

Many farm families do exactly that — a condo near the University of Regina can beat years of rent and hold its value for resale or a future rental. The checks that matter: bylaws on occupancy and rentals (in case a roommate helps carry it), parking, and a corporation healthy enough that fees stay predictable through the degree. Tim walks the numbers and the documents with you like any other purchase.

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

Tim Graham, farm and land REALTOR® with Optimum Realty Inc., Saskatchewan

Tim Graham

REALTOR®, Optimum Realty Inc. · Saskatchewan Farm & Land Specialist

From the home quarter to the right place in town — one advisor, one plan, one move. Coffee's on Tim.

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