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Location
Key Details
$239,900.00
2 Baths
Detached
Bungalow
792 SQ.FT
1945
Regina
Description
TTURNKEY LEGAL SUITE | VACANT POSSESSION | 11% GROSS YIELD Investors and owner-occupants — this one pencils out. At $239,900 with market rents of $2,200/month, this property delivers an estimated 11% gross yield. The suite is currently vacant — move in yourself or select your own tenant from day one. 1824 Winnipeg Street is a fully detached home with a brand new legal basement suite built from the studs up in 2025. The suite includes 2 bedrooms, full kitchen, bathroom, in-suite laundry, and a private entrance — professionally developed and ready to rent immediately. The main floor offers 2 bedrooms and a functional layout. Additional upgrades include an updated electrical panel, hardwired smoke detectors, and professionally braced basement walls. Located minutes from Regina General Hospital, downtown, and public transit — a high-demand rental corridor with strong long-term tenant appeal. Bonus: This property qualifies for a 100% property tax exemption for 5 years starting 2026 — significantly boosting net cash flow from the start.
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
