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301 2885 E Arens Road
Wood Meadows Regina S4V 3G5

$425,000
Residential beds: 3 baths: 2.0 1,399 sq. ft. built: 2005

Main Photo: 301 2885 E Arens Road in Regina: Wood Meadows Residential for sale : MLS®# SK052260
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Status:
Active
Prop. Type:
Residential
MLS® Num:
SK052260
Bedrooms:
3
Bathrooms:
2
Year Built:
2005
Welcome to Unit 301 in the desirable Meadow Park II condominium building! (Please note the 3rd bdrm does not have a window or a closet. It has french doors & is perfect flex space).Generous foyer with plenty of room for a bench. Conveniently located just off the entrance is the laundry room offering additional storage/fridge/freezer space. As you move into the main living area, your eye is immediately drawn to the lovely outdoor view & the abundance of natural light. Well-planned kitchen offers plenty of cabinetry, generous counter space & an eating bar. The spacious living room provides flexibility for arranging furniture, including the option of incorporating a formal dining area. There is also plenty of wall space to display your favourite artwork, photographs and treasured pieces. A garden door leads to the covered balcony with gas bbq hookup & frosted glass railing. East facing. The primary bedroom is a generous size with excellent closet space & 3 piece ensuite. Second bedroom is also a good size. A four-piece main bathroom completes the floor plan. Includes fridge,stove,garburator,washer,dryer. Additional storage space in furnace room. (furnace was replaced in 2023). Parking stall in heated parkade w/ storage locker in front. Building amenities include a 2nd floor amenity room, 3rd floor guest suite & craft room, 4th floor exercise room & storage room. Workshop in the parkade, car wash bay & shop vac. Plenty of outdoor visitor parking. Condo fees of $553.88 /mth include water & sewer, common-area maintenance & insurance, exterior building maintenance, garbage, centralized water heater & water softener, lawn care, snow removal & reserve fund. Pets not permitted. Average SaskEnergy $32.04/month & average Sask Power $69.14/month. The building has an impressive main foyer to greet your friends & family. If you are considering a move from a house to a condominium but aren't quite ready to give up the space you enjoy, this suite deserves your attention.
Total Floor Area:
1,399 sq. ft.
Structure Type:
High Rise
Property Sub Type:
Apartment
Bedrooms:
3
Bathrooms:
2.0 (Full:-, Half:-)
Total Rooms:
9
Year built:
2005 (Age: 21)
General Listing Location:
Regina, Wood Meadows, Regina
Common Interest:
Condominium
Association Name:
Self Managed
Association Phone:
(306) 551-0735
Association Fee:
$553.88
Association Fee Frequency:
Monthly
Association Fee Includes:
Common Area Maintenance, Insurance, MaintenanceGrounds, Maintenance Structure, ReserveFund, Sewer, SnowRemoval, Trash, Water
Taxes:
$4,255 / 2026
SpecifiedDate
Floor
Type
Size
Other
Main
Kitchen
Measurements not available
-
Main
Laundry
Measurements not available
-
Main
Dining Room
Measurements not available
-
Main
Bedroom
Measurements not available
-
Main
Living Room
12' × 10'
-
Main
Primary Bedroom
Measurements not available
-
Main
Bedroom
Measurements not available
-
Floor
Ensuite
Pieces
Other
Main
No
-
ThreePieceBathroom
Main
No
-
FourPieceBathroom
Appliances:
GasWaterHeater, Dryer, Dishwasher, Disposal, MicrowaveHoodFan, Refrigerator, Stove, Washer
Accessibility Features:
WheelchairAccess
Lease Considered:
No
Community Features:
Elevator, Fitness Center
Interior Features:
Elevator, Window Treatments
Pets Comments:
Pets Restrictions:Not Allowed
Laundry Features:
InUnit
Window Features:
WindowTreatments
Patio And Porch Features:
Balcony
Association Amenities:
GuestSuites, Recreation Room
Direction Faces:
East
Entry Level:
3
Construction Materials:
Stucco, Wood Frame
Roof:
Asphalt, Shingle
Heating:
Forced Air, Natural Gas
Cooling:
Central Air
Total Parking Spaces:
1
Parking Features:
Underground, Heated Garage, Garage Door Opener, Guest
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    French doors, flex room
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    Flex room looking to living room
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Listed by eXp Realty
Data was last updated November 2, 2026 at 12:35 PM (UTC)
Area Statistics
Listings on market:
714
Avg list price:
$324,950
Min list price:
$39,900
Max list price:
$3,988,000
Avg days on market:
41
Min days on market:
3
Max days on market:
308
Avg price per sq.ft.:
$278.95
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.

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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