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Regina · Single Family · under $450,000 · 3+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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7941 Flax AVENUE
Welcome to 7941 Flax Avenue, 1338 sq ft, 2017 Trademark built home in Westerra, If you’re looking for a like newer home, right across from a beautiful park with one-bedroom regulation basement suite in this area, this is the one! On main floor with 9ft ceiling, spacious kitchen with quartz countertops including large island with double sink; plenty of room to entertain and natural light in open concept setting; crown moulding cabinets, computer enclosure, SS appliance package, spacious living rooms. on the second floor there's three decent size room with two bathrooms.The basement suite has separate entrance & meters, two water heaters, in-floor heat, and is professionally finished with neutral colours. Beautiful south facing backyard. Book your appointment today. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Living room | 9.6 × 11.3 feet | |
| Kitchen | 9.6 × 11.3 feet | |
| Bedroom | 10.7 × 8.7 feet | |
| 4pc Bathroom | — | |
| Other | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 16.8 × 11 feet | |
| Living room | 13.7 × 15.8 feet | |
| Dining room | 7.11 × 12 feet | |
| 2pc Bathroom | — |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.1 × 11.1 feet | |
| Bedroom | 10.5 × 9.3 feet | |
| Bedroom | 10.5 × 9.3 feet | |
| 4pc Bathroom | — | |
| 3pc Bathroom | — |
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
5.65%
Cap rate
6.00%
GRM
11.5
Break-even rent
$2,504
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.
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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 Jul 6, 2026.
Location of this listing. Distances are straight-line.
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Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.