Excellent investment or owner-occupied opportunity featuring a fully permitted legal basement suite with separate entrance and separate power meters for each unit. The basement suite was professionally developed and offers 2 bedrooms, a full kitchen, full bathroom, and in-suite laundry. Major upgrades have already been completed, including professionally braced basement walls, updated electrical service, hardwired smoke detectors, and extensive renovations throughout. The main floor offers 2 bedrooms, a bright living area, and functional kitchen layout. Located close to Regina General Hospital, downtown, schools, and transit, this property benefits from strong rental demand and excellent income potential. An added bonus is the 100% property tax exemption for 5 years beginning in 2026, providing significant savings and improved cash flow. Whether you're looking to live in one unit and rent the other or add a turnkey income property to your portfolio, this property offers exceptional value and flexibility with vacant possession available.