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Location
Key Details
$239,900.00
2 Baths
Detached
Bungalow
792 SQ.FT
1945
Regina
Description
Turnkey Income Property with Legal Suite! Welcome to 1824 Winnipeg Street – a solid revenue property offering a fully developed legal basement suite with separate entry. Whether you're an investor looking to generate cash flow or a buyer looking for mortgage support, this property delivers immediate income potential. The main floor features 2 bedrooms, a functional layout, and durable finishes throughout. The professionally developed basement suite (2025) was built from the studs and includes 2 bedrooms, full kitchen, bathroom, in-suite laundry, and its own private entrance – ready for tenants. Additional upgrades include an updated electrical panel, hardwired smoke detectors, and professionally braced basement walls, providing peace of mind for long-term ownership. Located just minutes from Regina General Hospital, downtown, public transit, and amenities, this is a prime central location attractive to both tenants and future buyers. Bonus: The property qualifies for a 100% property tax exemption for 5 years (starting in 2026), significantly improving cash flow and overall affordability.
Listing courtesy of Exp Realty
More Info
City: Regina
Square Footage: 792
Year Built: 1945
Style: Bungalow
Type: House
Roof: Asphalt Shingles
Outdoor: Lawn Front
Exterior: Stucco
Heating: Baseboard, Forced Air, Natural Gas
Appliances: Dryer,fridge,stove,washer
Land Size: 2078.00
Total Acres: 0.0477
Water Heater: Rented
Listed By: Exp Realty
