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Regina · Single Family · under $825,000 · 4+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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4238 Green Olive WAY E
Welcome to 4238 Green Olive Way E—an exceptional corner-lot 2-storey home in the heart of Greens on Gardiner offering luxury finishes, thoughtful design, and incredible flexibility. Built in 2016, this impressive property offers 1,896 sq. ft. above grade plus a fully finished regulation basement suite with separate entry—ideal as a mortgage helper or for extended family living. The main floor is filled with natural light and beautifully designed with oversized windows, soaring ceilings, rich hardwood flooring, and striking contemporary finishes throughout. The kitchen is a showpiece featuring quartz countertops, sleek cabinetry, tile backsplash, stainless steel appliances, and a large island perfect for gathering. The open dining and living spaces flow seamlessly together, highlighted by a stunning fireplace feature wall. Upstairs offers 3 spacious bedrooms plus a bright bonus room, second-floor laundry, and a gorgeous primary retreat complete with walk-in closet, spa-inspired 5-piece ensuite, and access to a private covered balcony. The fully finished 2-bedroom regulation basement suite includes its own private entrance, full kitchen, living area, and 4-piece bath. Outside, enjoy a beautifully landscaped and fully fenced backyard with a large deck, privacy-screened lounge area, and expansive paving stone patio. The heated and fully insulated double attached garage plus double driveway offers plenty of off-street parking. Close to parks, schools, walking paths, and east-end amenities, this rare Greens on Gardiner opportunity offers style, space, income potential, and flexibility in one exceptional package. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 8.4 × 11.9 feet | |
| Bedroom | 8.4 × 9.9 feet | |
| Living room | 11.3 × 9.6 feet | |
| Kitchen | 11.3 × 9.4 feet | |
| 4pc Bathroom | x x x | |
| Laundry room | x x x |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 9.6 × 15 feet | |
| Dining room | 9 × 13.2 feet | |
| Living room | 11.6 × 13.2 feet | |
| 2pc Bathroom | x x x |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.1 × 10.3 feet | |
| Laundry room | 5.7 × 8.8 feet | |
| 4pc Bathroom | x x x | |
| 5pc Ensuite bath | x x x | |
| Bedroom | 10.1 × 9.11 feet | |
| Primary Bedroom | 11 × 15 feet | |
| Bonus Room | 12 × 11.2 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
-1.01%
Cap rate
4.66%
GRM
13.9
Break-even rent
$4,633
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 13, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.