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Listed by Oktay Asili • eXp Realty
$239,900
Est. payment /mo
4 Beds
2 Baths
792 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 792 sqft
Price per Sqft $302
Subdivision General Hospital
MLS Listing ID SK030875
Style Bungalow
Bedrooms 4
Year Built 1945
Lot Size 2,078 Sqft
Acres 0.047704317
Property Sub-Type Detached
Source Saskatchewan
Property 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.
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.
Location
Province SK
Community General Hospital
Rooms
Basement Full Basement, Fully Finished
Kitchen 2
Interior
Hot Water Gas
Heating Baseboard, Forced Air, Natural Gas
Appliance Dryer, Fridge, Stove, Washer
Exterior
Exterior Feature Stucco
Parking Features No Garage
Garage Spaces 2.0
Roof Type Asphalt Shingles
Total Parking Spaces 2
Building
Lot Description Rectangular
Others
Ownership Freehold
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