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Regina · Single Family · under $675,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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4202 Green Olive WAY E
Welcome to 4202 Green Olive Way, INCOME GENERATING BASEMENT SUITE!! Discover the perfect blend of comfort and style in this stunning 2-bedroom bungalow located in the desirable community of The Greens on Gardiner. This beautifully appointed home boasts an inviting open-concept layout that seamlessly connects the living room, dining area, and modern kitchen. The main floor features two generous bedrooms, each with ample closet space and large windows that fill the home with natural light, creating a cozy atmosphere ideal for family gatherings and entertaining. Additionally, the fully developed basement includes a separate suite complete with two additional bedrooms, a full bathroom, and a private living area with in floor radiant heat. This space is perfect for guests, extended family, or as an income-generating rental option Basement suite currently rented for $1350per month. The expansive ATTACHED TRIPLE GARAGE provides ample space for vehicles and additional storage, catering to all your needs. Enjoy the beautifully landscaped yard, perfect for outdoor entertaining or relaxing with a morning coffee. Extra value items include granite counter tops throughout, hardy board siding, epoxy garage floor additional soundproofing between levels and on demand water heaters. Situated in a family-friendly neighborhood, this bungalow is conveniently located close to parks, schools, shopping, and all the amenities you desire (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 12'6 x 13'8 | |
| Living room | 11'8 x 12' | |
| Bedroom | 12'10 x 11' | |
| Bedroom | 10'6 x 9'0 | |
| 4pc Bathroom | — | |
| Other | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 12'4 x 18' | |
| Dining room | 12'4 x 9' | |
| Kitchen | 12'4 x 13'9 | |
| Laundry room | 5'8 x 13'11 | |
| Mud room | 5'8 x 14' | |
| Bedroom | 9'8 x 12' | |
| 4pc Bathroom | — | |
| Primary Bedroom | 13' x 11'10 | |
| 4pc Ensuite bath | — |
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
-1.09%
Cap rate
4.65%
GRM
13.9
Break-even rent
$3,844
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 May 24, 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.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.