4 Bedroom
2 Bathroom
792 ft2
Bungalow
Baseboard Heaters, Forced Air
Lawn
$239,900
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. (id:41462)
Property Details
|
MLS® Number |
SK030875 |
|
Property Type |
Single Family |
|
Neigbourhood |
General Hospital |
|
Features |
Rectangular |
Building
|
Bathroom Total |
2 |
|
Bedrooms Total |
4 |
|
Appliances |
Washer, Refrigerator, Dryer, Stove |
|
Architectural Style |
Bungalow |
|
Basement Development |
Finished |
|
Basement Type |
Full (finished) |
|
Constructed Date |
1945 |
|
Construction Style Attachment |
Detached |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Baseboard Heaters, Forced Air |
|
Stories Total |
1 |
|
Size Interior |
792 Ft2 |
|
Type |
House |
Parking
|
None | |
|
Gravel | |
|
Parking Space(s) |
2 |
Land
|
Acreage |
No |
|
Landscape Features |
Lawn |
|
Size Irregular |
2078.00 |
|
Size Total |
2078 Sqft |
|
Size Total Text |
2078 Sqft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
|
Basement |
4pc Bathroom | | |
X x X |
|
Basement |
Bedroom |
9 ft ,2 in |
10 ft ,9 in |
9 ft ,2 in x 10 ft ,9 in |
|
Basement |
Bedroom |
8 ft ,4 in |
8 ft ,6 in |
8 ft ,4 in x 8 ft ,6 in |
|
Basement |
Kitchen/dining Room |
9 ft |
10 ft ,7 in |
9 ft x 10 ft ,7 in |
|
Basement |
Living Room |
8 ft ,9 in |
9 ft ,2 in |
8 ft ,9 in x 9 ft ,2 in |
|
Basement |
Other | | |
X x X |
|
Basement |
Other | | |
X x X |
|
Main Level |
Living Room |
10 ft ,4 in |
20 ft ,9 in |
10 ft ,4 in x 20 ft ,9 in |
|
Main Level |
Kitchen |
10 ft ,4 in |
10 ft ,10 in |
10 ft ,4 in x 10 ft ,10 in |
|
Main Level |
4pc Bathroom | | |
X x X |
|
Main Level |
Bedroom |
9 ft ,2 in |
9 ft ,2 in |
9 ft ,2 in x 9 ft ,2 in |
|
Main Level |
Bedroom |
10 ft ,3 in |
9 ft ,2 in |
10 ft ,3 in x 9 ft ,2 in |