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507 4615 RAE STREET
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Regina · Single Family · under $175,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to easy, affordable living in the heart of desirable Albert Park! Ideally situated within walking distance of shopping, restaurants, grocery stores, parks, and countless everyday amenities, this well-built condominium offers exceptional value for first-time buyers, downsizers and investors alike. As a desirable corner unit, this condo benefits from additional windows that fill the space with natural light, creating a bright and inviting atmosphere throughout. The functional floor plan features a spacious living room, separate dining area and an eat-in kitchen, providing plenty of room for both everyday living and entertaining. The unit offers two generously sized bedrooms, including a large primary bedroom, a spacious secondary bedroom, a full four-piece bathroom, convenient in-suite storage and an additional private storage locker located in the lower level of the building. Designed for comfort and convenience, this condo also includes one electrified parking stall. Residents enjoy access to a variety of amenities, including a social amenities room, shared laundry facilities, meeting room, workshop and bike storage—everything you need to make daily living easy and enjoyable. Condo fees provide outstanding value and include common area maintenance, building insurance, lawn care, snow removal, heat, water, sewer and cable television. Public transit is conveniently located directly in front of the building, making it easy to get around the city. Offering a bright layout, fantastic amenities and an unbeatable location in one of Regina's most sought-after neighbourhoods, this is an opportunity you won't want to miss. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 12'5 x 15'5 | |
| Kitchen | 7'8 x 14'9 | |
| Dining room | 7'10 x 10'5 | |
| 4pc Bathroom | — | |
| Bedroom | 9'0 x 12'5 | |
| Primary Bedroom | 11'5 x 13'0 | |
| Storage | — |
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).
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.