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Regina · Single Family · under $625,000 · 4+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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2860 Garnet STREET
Welcome to this exceptional custom built home in the highly sought after Lakeview neighbourhood. Built in 2014, this impeccably maintained property offers nearly 2,400 sq. ft. of finished living space, including a fully self contained regulation basement suite, perfect for generating rental income or accommodating extended family. Ideally located just steps from the Saskatchewan Legislative Building, Wascana Park, Kiwanis Park and Cathedral Village, with easy access to downtown, the airport and Harbour Landing amenities. The bright, open concept main floor is filled with natural light from oversized windows and features a stunning stacked stone gas fireplace, granite countertops, modern white cabinetry, stainless steel appliances, a corner pantry, three spacious bedrooms and convenient main floor laundry. The regulation basement suite is equally impressive, offering two bedrooms, a full bathroom, large windows, engineered hardwood flooring, contemporary finishes, stainless steel appliances and its own private laundry. Outside, enjoy the beautifully landscaped, fully fenced yard complete with a large composite deck with privacy panels and a double detached garage. Quality construction includes an ICF foundation, pile foundation system, truss construction beneath the basement floor, crawl space and maintenance free exterior. A door between the main home and suite offers flexibility for multigenerational living or can be converted to a closet for complete separation. A rare opportunity to own a quality built home in one of Regina's most desirable neighbourhoods with the added benefit of an income producing regulation suite. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Living room | 9.1 × 11.9 feet | |
| Dining room | 7.9 × 8.5 feet | |
| Kitchen | 7.4 × 12.4 feet | |
| Bedroom | 9.2 × 12.1 feet | |
| Bedroom | 7.8 × 11.8 feet | |
| 4pc Bathroom | 4.11 × 7.11 feet | |
| Laundry room | — | |
| Other | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 18 × 13.1 feet | |
| Dining room | 10.3 × 13.5 feet | |
| Kitchen | 13.5 × 8.4 feet | |
| 2pc Bathroom | 5 × 5.1 feet | |
| Other | — |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 13.3 × 13.5 feet | |
| Other | 4.11 × 6.5 feet | |
| 4pc Ensuite bath | 4.11 × 9.2 feet | |
| Bedroom | 9.1 × 12.5 feet | |
| Bedroom | 9.1 × 13.8 feet | |
| 4pc Bathroom | 5.3 × 8.8 feet | |
| Laundry room | — |
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
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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
-1.16%
Cap rate
4.63%
GRM
13.9
Break-even rent
$3,541
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 Jul 8, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
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