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:44040)
Building
Size:792 sqft
Parking Spaces:
Bedrooms:
4
Bathrooms:
2
Basement:Full (Finished)
Flooring:-
Roof:-
Heating:
Natural gas(Baseboard heaters, Forced air)
Fireplace:-
Cooling:-
Utility Water:-
Foundation:-
Architecture:Bungalow
Construction Date:1945-01-01
Rooms
4pc Bathroom
Basement
Dimension: X x X
Bedroom
Basement
Dimension: 9 ft ,2 in x 10 ft ,9 in
Bedroom
Basement
Dimension: 8 ft ,4 in x 8 ft ,6 in
Kitchen/Dining room
Basement
Dimension: 9 ft x 10 ft ,7 in
Living room
Basement
Dimension: 8 ft ,9 in x 9 ft ,2 in
Other
Basement
Dimension: X x X
Other
Basement
Dimension: X x X
Living room
Main level
Dimension: 10 ft ,4 in x 20 ft ,9 in
Kitchen
Main level
Dimension: 10 ft ,4 in x 10 ft ,10 in
4pc Bathroom
Main level
Dimension: X x X
Bedroom
Main level
Dimension: 9 ft ,2 in x 9 ft ,2 in
Bedroom
Main level
Dimension: 10 ft ,3 in x 9 ft ,2 in
Features
Rectangular
Amenities
There are no amenities.
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