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458 7th STREET E
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Regina Beach · Single Family · under $275,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to Regina Beach, where lake life meets small town convenience, less than 30 minutes from Regina on a fully paved highway. Situated on a large 50' x 125' lot, the property features a fully fenced backyard ideal for children and pets, along with a detached garage complete with a power overhead door. This unique 3-level split home offers 864 sq ft of developed living space across all levels and a functional layout that maximizes every square foot. The main level features a practical kitchen that flows seamlessly into the dining area, creating a comfortable space for everyday living and entertaining. Patio doors off the dining room lead to a spacious wrap-around deck and private backyard, making summer barbecues and outdoor gatherings a breeze. Main floor laundry adds everyday convenience. Upstairs, you'll find a massive living room highlighted by a cozy wood-burning stove, creating the perfect place to relax after a day at the lake. The lower level is home to two bedrooms and a full bathroom, offering privacy and separation from the main living areas. Numerous exterior updates help protect your investment, including newer architectural shingles, PVC windows, an upgraded sliding patio door, a pressure-treated deck, stained siding, and new exterior sheathing on the west basement wall. Located close to the lake, walking paths, and all the amenities Regina Beach has to offer, you'll enjoy being within walking distance of downtown shops, restaurants, coffee, and the main beach. Regina Beach also features a 9-hole golf course, pharmacy, grocery store, gas stations, liquor stores, yacht club, public beach, and a vibrant community atmosphere that makes every season enjoyable. Whether you're searching for a year-round residence, weekend retreat, or investment opportunity, this property offers an affordable way to enjoy the lake lifestyle. Call today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9'7 x 11'4 | |
| Bedroom | 9'8 x 11'5 |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 3'5 x 4'4 | |
| 4pc Bathroom | — | |
| Dining room | 9'10 x 8'8 | |
| Laundry room | 4'10 x 3'4 | |
| Kitchen | 7'4 x 7'4 |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 11'5 x 23'5 |
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
6.91%
Cap rate
6.25%
GRM
10.9
Break-even rent
$1,597
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 15, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.