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2223 TORONTO STREET
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Regina · Single Family · under $200,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to 2223 Toronto Street! This well-maintained & thoughtfully updated 1 bedroom, 1 bath home, ideally located within walking distance to the Regina General Hospital, downtown, Wascana Park, and more. Whether you're looking for an affordable investment property or ready to transition from renting to ownership, this property offers excellent value & convenience. Situated on a large 3122 sq ft private lot, this 767 sq ft bungalow is move-in ready! Curb appeal is charming! Upon entering, the oversized front porch area is secure & a fabulous place for a sitting area! An open-concept living, dining, & kitchen area creates a bright & inviting living space with the kitchen offering plenty of cabinets, counterspace, & shelves. The front living room is a generous size & makes it easy to configure furniture. One large bedroom opens up to the spacious full bathroom. Continuing on the main floor is a back porch with storage, & access to a fully fenced & private Private, fully fenced backyard with shed, raised garden planters, and it is ideal for relaxing. The basement is solid, dry, & currently undeveloped but offers so much room for storage! Parking at the back for two vehicles with lane access. Many upgrades including: Electrical (date unknown), bedroom flooring (2025), fence (2024), paint (2025), radon mitigation system (2019 - an uncommon & valuable feature in homes of this style & age), Sewer line (2023), Water line - lead pipes replaced w' copper pipes (2023), washer/dryer (approx 2020), shingles (2010), updated furnace (age unknown), front steps & railing (2023), back yard renovations (2018), and lastly, updates to the front landscaping (2022). This move-in-ready home is a rare opportunity in a prime location - perfect for those working nearby at the hospital or downtown! Affordable and solid! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Other | - x - | |
| Laundry room | - x - |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Mud room | 9 × 6.8 feet | |
| 4pc Bathroom | 8 × 6.8 feet | |
| Bedroom | 9.5 × 18.9 feet | |
| Kitchen/Dining room | 10.2 × 11.4 feet | |
| Living room | 8.8 × 9.3 feet | |
| Enclosed porch | 7.1 × 17.11 feet |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
6.44%
Cap rate
6.15%
GRM
10.9
Break-even rent
$1,194
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 12, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.