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216 Cedar Meadow Drive
Lakewood Regina S4X 3J6

$210,000
Residential beds: 3 baths: 2.0 1,104 sq. ft. built: 1983

Multi-level tan siding exterior featuring decorative octagonal windows, stone-veneer accents, and a private wooden balcony
Photo 1: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
Photo 2: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
Photo 3: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
Photo 4: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
Photo 5: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
Photo 6: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
Photo 7: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
Photo 8: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
Photo 9: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
Photo 10: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
Photo 11: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
Photo 12: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
Photo 13: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
Photo 14: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
Status:
Active
Prop. Type:
Residential
MLS® Num:
SK052112
Bedrooms:
3
Bathrooms:
2
Year Built:
1983
Welcome to this spacious and exceptionally well-maintained 3-bedroom, 2-bathroom townhouse-style condo in the desirable Lakewood neighbourhood! Ideally located just steps from parks, the Northwest Leisure Centre, schools, shopping, restaurants, and grocery stores, this home offers both comfort and convenience. With 1,104 sq. ft. of thoughtfully designed living space, the main floor features a bright and inviting living room with a large front window that fills the space with natural light. The adjoining dining area leads into a functional kitchen offering plenty of cabinetry and counter space, with all appliances included. A convenient laundry and storage room, spacious bedroom, and 4-piece bathroom complete the main level. Upstairs, you'll find two additional generously sized bedrooms and a second 4-piece bathroom. One of the highlights of this home is the west-facing balcony overlooking the lake at the Northwest Leisure Centre, a great spot to relax and enjoy the views. An electrified parking stall is also included. Clean, well cared for, and offering a thoughtful layout in a fantastic location, this property is an excellent option for first-time buyers, families, or investors.
Total Floor Area:
1,104 sq. ft.
Structure Type:
Townhouse
Home Style:
Multi-Level, Row House
Property Sub Type:
Attached
Property Attached:
Yes
Num Stories:
2
Bedrooms:
3
Bathrooms:
2.0 (Full:-, Half:-)
Total Rooms:
8
Year built:
1983 (Age: 43)
General Listing Location:
Regina, Lakewood, Regina
Common Interest:
Condominium
Association Name:
Charan Property Management
Association Phone:
(306) 522-7614
Association Fee:
$385.22
Association Fee Frequency:
Monthly
Association Fee Includes:
Common Area Maintenance, Insurance, MaintenanceGrounds, Maintenance Structure, ReserveFund, SnowRemoval, Trash
Taxes:
$2,037 / 2026
Close Plus 30 Days, Negotiable
Floor
Type
Size
Other
Second
Bedroom
11'5" × 9'8"
-
Second
Bedroom
10' × 9'1"
-
Main
Bedroom
13'5" × 9'4"
-
Main
Living Room
12'6" × 11'6"
-
Main
Dining Room
9'7" × 8'7"
-
Main
Kitchen
10'1" × 7'11"
-
Floor
Ensuite
Pieces
Other
Second
No
-
FourPieceBathroom
Main
No
-
FourPieceBathroom
Appliances:
ElectricWaterHeater, GasWaterHeater, Dryer, Refrigerator, Stove, Washer
Lease Considered:
No
Community Features:
Playground
Interior Features:
Kitchen Exhaust Fan
Pets Comments:
Pets Restrictions:Allowed With Restrictions
Num Stories:
2
Construction Materials:
Vinyl Siding
Basement:
Other
Roof:
Asphalt, Shingle
Heating:
Forced Air, Natural Gas
Cooling:
Central Air
Uncovered Spaces:
1
Other Parking:
Asphalt
Total Parking Spaces:
1
Parking Features:
Asphalt, Guest
  • Photo 1: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
    Multi-level tan siding exterior featuring decorative octagonal windows, stone-veneer accents, and a private wooden balcony
  • Photo 2: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
    wall-to-wall carpeting, and kitchen featuring dark-toned cabinetry
  • Photo 3: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
    Living area carpeting, large window, and exterior entry door
  • Photo 4: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
    Neutral-toned wall paint, carpeted flooring, pendant ceiling light, and staircase featuring a metal railing
  • Photo 5: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
    Kitchen featuring dark-finish cabinetry, solid-surface countertops, stainless steel sink with a high-arch faucet, and a range with a white hood
  • Photo 6: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
    Neutral-toned interior room featuring wall-to-wall carpeting, an upright window with fitted roller shade, and a paneled closet door
  • Photo 7: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
    Neutral-toned interior featuring wall-to-wall carpeting and bi-fold closet doors
  • Photo 8: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
    Bathroom featuring a vanity with an integrated basin, a large wall-mounted mirror, a tub-shower combination with surround wall panels, and a chrome towel bar
  • Photo 9: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
    Room featuring neutral-toned carpeting, a multi-pane window, and an integrated ceiling fan with light fixture
  • Photo 10: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
    Room featuring neutral-toned carpeting, textured ceiling, and a window with white trim
  • Photo 11: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
    Room featuring neutral-toned carpeting, textured ceiling, integrated ceiling fan with light fixture, and double-pane window
  • Photo 12: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
    Bathroom featuring a vanity with a white solid-surface countertop, an integrated sink basin, wood-finish cabinetry, and a walk-in shower with sliding glass doors
  • Photo 13: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
    Laundry room featuring vinyl flooring, wall-mounted shelving, and designated hookups for laundry appliances
  • Photo 14: 216 Cedar Meadow Drive in Regina: Lakewood Residential for sale : MLS®# SK052112
    Photo 14 of 14
Listed by RE/MAX Crown Real Estate
Data was last updated November 2, 2026 at 12:35 AM (UTC)
Area Statistics
Listings on market:
718
Avg list price:
$324,950
Min list price:
$39,900
Max list price:
$3,988,000
Avg days on market:
40
Min days on market:
2
Max days on market:
307
Avg price per sq.ft.:
$278.64
These statistics are generated based on the current listing's property type and located in Regina. Average values are derived using median calculations. This data is not produced by the MLS® system.

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® with Optimum Realty Inc., Regina

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.

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