Every condo on the Regina MLS® — apartment suites, townhouses and bare-land condos from every brokerage in the city, refreshed every two hours.
29 4101 Preston Crescent
Regina
S4X 0G3
$214,900
Residential
beds: 2
baths: 1.0
956 sq. ft.
built: 2010
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- SK051846
- Bedrooms:
- 2
- Bathrooms:
- 1
- Year Built:
- 2010
- Photos (23)
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Welcome to Preston Place in desirable Lakeridge RG!
This exceptional main-floor 2-bedroom condo offers a bright, functional layout and the added bonus of two exclusive surface parking stalls conveniently located just steps from the front door. With windows on three sides of the unit, east, west and south, the home enjoys plenty of natural light throughout.
The welcoming foyer opens to a spacious living and dining area with easy access to the kitchen, featuring maple cabinetry, tile backsplash, vented microwave hood fan and a garden door leading to the cozy 10’ x 8’ south-facing Duradek balcony complete with BBQ hook-up. A full-size laundry closet with built-in shelving provides additional everyday storage.
The primary bedroom offers two generous closets, while the second bedroom is a versatile space that works perfectly as a guest room, home office or child’s bedroom. A full 4-piece bathroom completes the layout.
Additional features include central air conditioning, built-in vacuum, owned water softener and a newer owned water heater. Ideally situated close to north-end amenities, parks, schools and bus routes, this well-maintained condo is a great option for a first-time buyer, downsizer or revenue property.
- Total Floor Area:
- 956 sq. ft.
- Structure Type:
- Townhouse
- Home Style:
- Row House
- Property Sub Type:
- Attached
- Property Attached:
- Yes
- Num Stories:
- 1
- Bedrooms:
- 2
- Bathrooms:
- 1.0 (Full:-, Half:-)
- Total Rooms:
- 7
- Year built:
- 2010 (Age: 16)
- General Listing Location:
- Regina, Lakeridge RG, Regina
- Common Interest:
- Condominium
- Association Name:
- CHARAN PROPERTY MGMT
- Association Phone:
- (306) 552-7614
- Association Fee:
- $280
- Association Fee Frequency:
- Monthly
- Association Fee Includes:
- Common Area Maintenance, Insurance, MaintenanceGrounds, Maintenance Structure, ReserveFund, SnowRemoval, Trash
- Taxes:
- $2,402 / 2026
- Close Plus 30 Days, Negotiable
- Floor
- Type
- Size
- Other
- Main
- Dining Room
- 12' × 9'10"
- -
- Main
- Bedroom
- 12'5" × 11'10"
- -
- Main
- Foyer
- 5'8" × 3'8"
- -
- Main
- Living Room
- 13'10" × 12'
- -
- Main
- Kitchen
- 11'5" × 9'10"
- -
- Main
- Bedroom
- 11'10" × 9'5"
- -
- Floor
- Ensuite
- Pieces
- Other
- Main
- No
- -
- FourPieceBathroom
- Appliances:
- GasWaterHeater, WaterSoftener, Dryer, Dishwasher, MicrowaveHoodFan, Refrigerator, Stove, Washer
- Lease Considered:
- No
- Interior Features:
- Central Vacuum, Window Treatments
- Pets Comments:
- Pets Restrictions:Allowed With Restrictions
- Window Features:
- WindowTreatments
- Patio And Porch Features:
- Balcony
- Direction Faces:
- East
- Levels:
- One
- Num Stories:
- 1
- Construction Materials:
- Stucco
- Foundation:
- Concrete Perimeter
- Basement:
- Other
- Roof:
- Asphalt, Shingle
- Heating:
- Forced Air, Natural Gas
- Cooling:
- Central Air
- Uncovered Spaces:
- 1
- Other Parking:
- Asphalt
- Total Parking Spaces:
- 2
- Parking Features:
- Asphalt
-
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Listed by Primal Realty Inc.
Data was last updated November 2, 2026 at 12:35 AM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $264,900
- Min list price:
- $214,900
- Max list price:
- $979,958
- Avg days on market:
- 33
- Min days on market:
- 6
- Max days on market:
- 65
- Avg price per sq.ft.:
- $274.06
These statistics are generated based on the current listing's property type
and located in
Lakeridge RG. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- AARON HABICHT
- 1 (306) 5354147
- Contact by Email
The Condo as an Investment
Condos are Regina's most accessible rental investment — lower entry prices than houses, no exterior maintenance eating your weekends, and steady tenant demand near downtown, the University of Regina, and the hospitals. But the investment case lives or dies on one line the listing doesn't advertise: the condo fee inside your monthly math. Rent minus mortgage, taxes, insurance, and the fee — with a vacancy allowance and something set aside for repairs — is the real return, and a low purchase price with a heavy fee is often worse than a higher price with a lean, well-run corporation behind it. That's the arithmetic Pino runs with clients before a viewing is ever booked, and it's why the corporation's fee history and reserve fund trajectory matter as much to an investor as the tenant-facing finishes.
The bylaws get the same scrutiny: rental permissions come first — some corporations restrict or condition renting units out, and finding that out after possession is an expensive way to learn. Confirming what the corporation allows is step one of every investor file.
First Units and Bank Sales
The same math serves buyers who'll live in the unit. Condos remain the lowest-priced path into Regina ownership, and comparing a suite's all-in monthly cost against rent for the same building answers "should I keep renting?" with numbers instead of opinions. And because Pino works foreclosures and bank sales regularly, he can also walk you through the condos that surface there — where the unit sells as-is, seller disclosures don't exist, the fee status and any pending special assessments need verifying through the corporation's certificate, and court timelines replace normal negotiation. The discounts can be real; they're only worth taking with the diligence done. Weighing a condo against a starter house? Run both searches side by side, starting with Regina houses.
Run the numbers first
Whether it's your first suite, a rental unit, or a bank-sale opportunity, Pino's process starts the same way: realistic rents or carrying costs, the fee in the math, the bylaws checked, and the corporation's paperwork verified before conditions come off. Call or text 306-591-5580 to run a property you're watching.
Regina condo questions Pino hears most
They can be — the entry price is low and tenant demand near downtown, the university, and the hospitals is steady. The deciding factor is the monthly math with the condo fee included: a unit that cash-flows after mortgage, taxes, insurance, fees, and a vacancy allowance is an investment; one that doesn't is a hope. Pino runs that calculation with you before anything else.
Start with the bylaws — confirm the corporation permits rentals and on what conditions. Then the corporation's health: fee history, reserve fund, and any repairs coming that could raise fees and erase your margin. Finally the unit itself: durable finishes and a layout tenants actually want beat cosmetic upgrades every time.
The unit typically sells as-is with no seller disclosures, so the inspection and the corporation's certificate carry the whole diligence load — including verifying the unit's fee status and any pending special assessments. Court-ordered sales also run on the court's timeline and process rather than a normal negotiation. Priced right, they're opportunities; unexamined, they're traps.
It's a budget and lifestyle call, not a right answer. A condo gets you in at a lower price with predictable monthly costs and no exterior upkeep; a house costs more up front, puts maintenance on you, and typically gives you more control and land. Compare the true all-in monthly cost of each against your rent — the numbers usually make the decision obvious.
Regina houses· Farms & land· Regina neighbourhoods· Free home evaluation
Pino Palamara
REALTOR®, Optimum Realty Inc. · Resale · Investment · Relocation
First suite, rental unit, or bank-sale opportunity — Pino runs the numbers and checks the paperwork so the condo earns its keep.
Proudly serving Regina, SK & surrounding area.