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29 4101 Preston Crescent
Lakeridge RG Regina S4X 0G3

$214,900
Residential beds: 2 baths: 1.0 956 sq. ft. built: 2010

Main Photo: 29 4101 Preston Crescent in Regina: Lakeridge RG Residential for sale : MLS®# SK051846
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Status:
Active
Prop. Type:
Residential
MLS® Num:
SK051846
Bedrooms:
2
Bathrooms:
1
Year Built:
2010
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 PM (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:
34
Min days on market:
7
Max days on market:
66
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.

From Rent Cheque to Equity

If you're renting in Regina, the question isn't abstract: what does the same monthly money buy you as an owner? Condos are the city's lowest-priced entry into ownership, and the comparison is a calculation, not a debate — mortgage payment, condo fee, property taxes, and insurance on a unit you'd actually live in, lined up against the rent you're paying now. Some months ownership costs more on paper; the difference is that part of every mortgage payment is building your equity instead of your landlord's. Yash runs this break-even with clients as the first step, using real listings and current rates rather than rules of thumb, and factors in the federal programs built for first purchases — a First Home Savings Account and the RRSP Home Buyers' Plan can put your down payment together faster than most renters expect.

Buy Your First Condo Like an Investor

Here's where Yash's own investing experience earns its keep: the best first condo isn't the one with the nicest staging — it's the one that's still a good asset when you're ready to move up. That means a corporation whose fees and reserve fund are on a healthy trajectory (a fee that's about to jump erases your break-even math), a layout and parking situation the next buyer will want, and a location where demand doesn't depend on one employer or one trend. It also means checking the bylaws for rental permissions now, even if renting the unit out is only a someday idea — because a condo you can legally keep as a rental when you buy your house is a first step that becomes a portfolio. The corporation's documents get reviewed before conditions come off, every time. Comparing against a starter house? Run both searches side by side, starting with Regina houses.

Run your break-even

Bring Yash your current rent and he'll show you what the same monthly commitment buys in today's market — real units, real fees, real numbers, and what each option looks like five years out. Call or text 306-530-0484 to run yours.

Regina condo questions Yash hears most

Often it's comparable — and sometimes cheaper — once you run the true numbers: mortgage, condo fee, taxes, and insurance against your current rent. The honest answer depends on the unit, the fee, and your down payment, which is why Yash runs the calculation on real listings with you rather than quoting an average. The structural difference never changes: a rent payment is gone; a mortgage payment is partly yours.

The down payment (5% minimum on the first $500,000), legal fees and closing costs, moving, and a small buffer for the adjustments in your first months of ownership. Federal programs help on the down payment side — a First Home Savings Account and the RRSP Home Buyers' Plan both let first-time buyers put savings to work tax-efficiently. Yash walks through the full number before you start viewing.

Buy the things you can't renovate: a healthy corporation with stable fees and a funded reserve, a layout with real bedrooms and storage, parking, and a location with broad demand. Finishes can be updated on your schedule; a troubled building or a compromised floor plan follows the unit to resale. It's the same filter Yash applies to his own investment purchases.

Possibly — and it's one of the most natural ways to start a portfolio, because you already know the property. Two things decide it: whether the corporation's bylaws permit rentals, which is worth confirming when you buy rather than years later, and whether the numbers work as a rental when the time comes. Buying with that option open costs nothing today and preserves a real path later.

Regina houses· Farms & land· Regina neighbourhoods· Free home evaluation

Yash Patel, REALTOR® with Optimum Realty Inc., Regina

Yash Patel

REALTOR®, Optimum Realty Inc. · Residential & Investment

From your first suite to a unit that starts a portfolio — Yash runs the numbers with you before the viewing, not after the offer.

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