Central Regina · Heritage homes · Near Wascana Lake

Lakeview & The Crescents — Character Homes for Sale

Regina's heritage addresses — character homes and architectural one-offs near Wascana Lake.

3 Active listings
$755K–$1.2M Current list range
$1.09M Median list price

Live MLS® listing data · Optimum Realty Inc.

Some Regina buyers want new. The rest want a home nobody can build anymore — and those buyers end up in Lakeview and The Crescents. These are the city's heritage addresses: streets of character homes from the 1910s through mid-century, some meticulously restored, some architecturally significant one-offs, all minutes from Wascana Lake, the Legislative Building, and downtown.

This is Regina's old-money geography, and it behaves differently than any other luxury market in the city. Inventory over $750K is perpetually scarce — currently just three active listings — because these homes transfer between generations more often than they hit MLS®. When a restored Crescents four-square or a Hill Avenue landmark does list, it draws a buyer pool that has often been waiting years.

Value here is measured differently too. Square footage matters less than provenance, lot, and the quality of restoration. A 1913 home with original woodwork, updated mechanicals, and a heritage-sensitive addition can outsell a larger suburban build — while an unrestored equivalent two doors down trades at half the price and becomes a multi-year project. Knowing which is which, and what restoration actually costs in Regina, is the core expertise these transactions demand.

The neighbourhoods also host a quiet teardown-and-rebuild market: infill custom homes on mature lots near the lake, where the location justifies new construction economics. These projects involve zoning, demolition, and neighbourhood-fit considerations we can help you navigate before you commit to a lot.

Whether you're buying a century home or selling one your family has held for decades, this market rewards patience and punishes generic pricing. Request a value report below — for character properties, we prepare these personally, because no algorithm on earth can price a 1913 Rae Street home.

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2718 Regina Avenue
Lakeview RG Regina S4S 0G5

$756,500
Residential beds: 3 baths: 2.0 2,233 sq. ft. built: 1916

Main Photo: 2718 Regina Avenue in Regina: Lakeview RG Residential for sale : MLS®# SK038507
Photo 1: 2718 Regina Avenue in Regina: Lakeview RG Residential for sale : MLS®# SK038507
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Status:
Active
Prop. Type:
Residential
MLS® Num:
SK038507
Bedrooms:
3
Bathrooms:
2
Year Built:
1916
Welcome to 2718 Regina Avenue, a charming home in the heart of Old Lakeview! Nestled on one of the neighbourhood’s most picturesque tree-lined streets, this beautifully maintained home blends the historic character of 1916 with modern updates, including a large family room addition in 2006. Offering an expansive living space including open concept living room, dining room, family room, and kitchen eating area, 3 bedrooms and 2 beautiful bathrooms, and spacious recreation room, this home is perfect for family living.  Step outside to a large deck overlooking a professionally landscaped backyard that faces Rotary Park with stunning views of Wascana Creek beyond. Enjoy direct access to scenic walking, cycling, and cross-country skiing pathways.  Ideally located just minutes from Downtown Regina, the Legislative Building, and the expansive green of Wascana Park, this exceptional property combines the charm of a sought-after historic neighbourhood with convenient access to shopping, restaurants, Lakeview Elementary School, Regina Christian School, the Royal Saskatchewan Museum of Natural History, Dark Hall, University of Regina College Ave. Campus,, and the Norman MacKenzie Art Gallery. A truly special place to call home.
Listing Area:
Regina
Listing Subarea:
Lakeview RG
Property Type:
Residential
Property Sub Type:
Detached
Building Type:
House
Home Style:
One ¾
Year built:
1916 (Age: 110)
Total Floor Area:
2,233 sq. ft.
Bedrooms:
3
Number of bathrooms:
2.0
Kitchens:
2
Taxes:
$6,116 / 2026
Ownership Title:
Freehold
Heating:
Forced Air, Natural Gas
Fireplaces:
1
Fireplace Type:
Gas
Water Heater:
Rented
Water Heater Type:
Gas
Water Softener:
Rented
Basement:
Partial Basement
Basement Walls:
Concrete
Roof:
Asphalt Shingles
Exterior Finish:
Vinyl
Air Conditioner (Central), Alarm Sys Owned, Central Vac (R.I.), Floating Shelves, Sound System Built In, Sump Pump, Underground Sprinkler
Heated Garage: No, Recreation Usage: No, Separate Basement Entry: No
Floor
Type
Size
Other
Main
Dining Room
15' × 11'
Hardwood
Main
Living Room
20' × 15'
Hardwood
Main
Family Room
20' × 13'
Hardwood
Main
Kitchen
11' × 8'
Tile
Main
Kitchen
11' × 8'
Tile
Main
Foyer
20' × 3'
Hardwood
Main
Nook
12' × 5'
Hardwood
Main
Office
13' × 6'
Hardwood
Main
Laundry
Measurements not available
Hardwood
2nd
Primary Bedroom
16' × 14'
Engineered Hardwood
2nd
Bedroom
10' × 8'
Hardwood
2nd
Bedroom
9' × 8'
Hardwood
2nd
Foyer
13' × 9'
Hardwood
Basement
Recreation Room
21' × 16'
Vinyl Plank
Basement
Utility Room
15' × 9'
Concrete
Basement
Storage
20' × 13'
Concrete
Floor
Ensuite
Pieces
Other
Main
No
3
6' x 7' Tile
2nd
No
4
7' x 9' Tile
Occupancy:
Owner
Equipment Included:
Central Vac Attached, Dishwasher Built In, Dryer, Fridge, Garage Door Opnr/Control(S), Garburator, Microwave Hood Fan, Reverse Osmosis System, Stove, Washer, Window Treatment
Lot Size:
5,366 sq. ft.
Lot Shape:
Backs on to Park/Green Space, Corner, Lane, Rectangular
Garage:
1 Car Detached
Garage Door WiFi:
No
Parking Places:
2.0
Parking Surface:
Concrete Drive
Date Listed:
Days on Mkt:
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Listed by Realtyone Real Estate Services Inc.
Data was last updated July 14, 2026 at 01:35 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$484,450
Min list price:
$350,000
Max list price:
$1,999,900
Avg days on market:
27
Min days on market:
7
Max days on market:
85
Avg price per sq.ft.:
$350.06
These statistics are generated based on the current listing's property type and located in Lakeview RG. Average values are derived using median calculations. This data is not produced by the MLS® system.

What's your character home worth?

Online estimates fail at the top of the market — there aren't enough comparable sales for an algorithm to work with. If you own a home in Lakeview or The Crescents, request a detailed value report prepared personally by broker Aaron Habicht — not an algorithm.

Get My Value Report No obligation · delivered within 48 hours

Lakeview & The Crescents: questions, answered

The range is wider than any other Regina neighbourhood: unrestored character homes can trade in the $400,000s while restored landmarks and lake-area properties reach $1.2M and beyond. Condition, restoration quality, and specific street matter more than square footage.

Budget for what you can't see: knob-and-tube wiring, galvanized plumbing, foundation movement, and insulation all vary enormously between homes of the same era. A specialized inspection is essential, and we can connect you with inspectors and trades experienced with Regina's heritage stock.

Yes — infill rebuilds happen regularly on mature lots, particularly closer to the lake. Zoning, lot coverage, and demolition costs need investigation before purchase, and neighbourhood character expectations are real. We can help you evaluate a lot's rebuild potential before you offer.

Aaron Habicht, Broker and Owner of Optimum Realty Inc., Regina

Aaron Habicht

Broker/Owner, Optimum Realty Inc. · Serving Regina since 2004

Thinking about buying or selling a character home in Lakeview or The Crescents? Every conversation starts with the broker — no handoffs, no pressure, just straight answers about your options.

The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
The above information is from sources deemed reliable but should not be relied upon without independent verification. The information presented here is for general interest only, no guarantees apply.
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