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Regina · Single Family · under $250,000 · 4+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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409 Cornwall STREET
Welcome to this well-maintained and move-in-ready half duplex in the desirable Highland Park neighbourhood. Offering 970 sq. ft. of living space, 5 bedrooms, 2 bathrooms, a separate basement suite, and a single detached garage, this home provides exceptional value for families, first-time buyers, or investors alike. Pride of ownership is evident throughout this thoughtfully cared-for property. Upon entering, you are greeted by a spacious foyer with ample storage, which leads into a bright, generously sized living room with laminate flooring. A convenient half wall separates the living and dining areas while maintaining an open and inviting feel. The updated kitchen features crisp white cabinetry, newer lower cabinets, countertops, backsplash, and stainless steel appliances. The adjoining dining area offers ample space for family meals and features a breakfast and coffee bar with additional storage cabinetry. The main floor features three bedrooms, including a spacious primary bedroom that accommodates a king-size bed. The updated bathroom completes the main floor. Downstairs, the basement features a separate private entry and offers excellent flexibility with its own kitchen, large family room, dining area, two additional bedrooms (windows may not meet current egress requirements), and a second full bathroom. Whether you're looking for additional living space, multi-generational living, or income potential, this lower level provides plenty of options. Outside, you'll find a single detached garage and a low-maintenance yard, allowing you to spend more time enjoying your home and less time on upkeep. Additional value-added features include updated windows, a new water line, two sets of appliances, smoke-free ownership, excellent square footage, and five total bedrooms. This is a fantastic opportunity to own a versatile, well-cared-for home with plenty of space and potential. Simply move in and enjoy! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 18.7 × 8.4 feet | |
| Bedroom | 9.8 × 13.4 feet | |
| Family room | 13.2 × 13.2 feet | |
| 4pc Bathroom | 8.8 × 4.11 feet | |
| Kitchen/Dining room | 13.2 × 12.2 feet | |
| Laundry room | 6.2 × 5.2 feet |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 14.3 × 12.9 feet | |
| Kitchen | 9.9 × 9 feet | |
| Dining room | 9.1 × 9.9 feet | |
| Primary Bedroom | 9.1 × 13.5 feet | |
| Bedroom | 10.11 × 9 feet | |
| Bedroom | 9 × 9 feet | |
| 4pc Bathroom | 9.1 × 6.5 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
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Insurance estimate
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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
46.97%
Cap rate
14.26%
GRM
5.7
Break-even rent
$1,448
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.
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 8, 2026.
Location of this listing. Distances are straight-line.
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