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207 Regina STREET
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Beds
2
Baths
1
Sqft
652
Year
1990
Type
Single Family
On market
7d
Welcome to 207 Regina Street, a unique chalet-style retreat nestled in the heart of Manitou Beach. Located just a short walk from the world-famous mineral spa, beach, and local attractions, this charming two-storey home offers the perfect blend of comfort, character, and convenience. Step inside and you'll immediately appreciate the bright, open-concept living space highlighted by soaring vaulted ceilings, expansive skylights, and an abundance of natural light. The spacious living room creates an inviting atmosphere for relaxing after a day at the lake, while the functional kitchen and dining area provide everything needed for everyday living or weekend entertaining. Offering 652 square feet of thoughtfully designed living space, this home features two bedrooms and one bathroom, making it an excellent option for a family getaway, vacation rental, or affordable year-round residence. The loft-style upper level overlooks the main living area, adding to the home's distinctive architectural appeal. Currently three season and could be easily make into a four season retreat. Outside, enjoy your morning coffee on the upper balcony or unwind on the private front deck surrounded by mature trees and natural landscaping. The property's peaceful setting offers privacy while remaining just minutes from all that Manitou Beach has to offer. Spend your summers enjoying the beach, golf course, regional park, drive-in theatre, and the renowned Manitou Springs Resort & Mineral Spa. Watrous is only a short drive away, providing convenient access to schools, shopping, and everyday amenities. Whether you're searching for a weekend escape, an investment opportunity, or your own piece of Saskatchewan lake life, 207 Regina Street offers character, charm, and an unbeatable location in one of the province's most beloved resort communities. Contact your REALTOR® today to book your private showing. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen/Dining room | 13 × 8.6 feet | |
| Living room | 15.3 × 13 feet | |
| 3pc Bathroom | — |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 8.7 × 8.7 feet | |
| Bedroom | 12.11 × 9.3 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
13.59%
Cap rate
7.58%
GRM
9.4
Break-even rent
$1,388
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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 7, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Manitou Beach. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.