4 Bedroom
2 Bathroom
792 sqft
Bungalow
Baseboard Heaters, Forced Air
Lawn
$239,900
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. (id:51699)
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 Sqft |
|
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 |
https://www.realtor.ca/real-estate/29494814/ab-1824-winnipeg-street-regina-general-hospital