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$959,000

Est. payment - /mo

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7 Beds

5 Baths

3,584 SqFt

New

693 Mayfair Court Kelowna, BC V1X7H7

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Andrew Loewen

andrew.loewen@exprealty.com +1(250) 801-6713

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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3584

Square Footage 3,584 sqft

Price per Sqft $267

Subdivision Rutland South

MLS® Listing ID 10394265

Bedrooms 7

Year Built 1991

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Freehold

Property Description

Priced below assessed value and LEGAL SUITE! Exceptional investment opportunity with outstanding future redevelopment potential! Situated on a large, flat lot in a desirable family-friendly neighbourhood, this versatile property is zoned MF1, offering exciting possibilities for future development potential. The home features 7 bedrooms plus a den, including a spacious and fully self-contained 2-bedroom legal suite (currently being used as a 3 bedroom suite), making it an excellent income-generating property or ideal for multi-generational living. The upper level is currently rented for $3,500/month plus utilities, while the suite generates an additional $2,500/month plus utilities, providing strong rental income. An additional summer kitchen offers even more flexibility for extended family or entertaining. Major mechanical updates have already been completed, including a new furnace, hot water tank, and air conditioner, offering peace of mind for years to come. Located in a sought-after neighbourhood close to excellent schools, parks, public transit, shopping, restaurants, and everyday amenities, this property offers both immediate cash flow and long-term upside. (id:24570)

Location

Province BC

Rooms

Kitchen 3.0

Extra Room 1 Lower level 9'11'' x 13'8'' Bedroom

Extra Room 2 Lower level 15'2'' x 20'10'' Other

Extra Room 3 Lower level 3'7'' x 7' Utility room

Extra Room 4 Lower level 7'10'' x 6'2'' Kitchen

Extra Room 5 Lower level 5'9'' x 10'' 4pc Bathroom

Extra Room 6 Lower level 6'6'' x 9'1'' 4pc Bathroom

Interior

Heating See remarks

Cooling Central air conditioning

Flooring Carpeted

Fireplaces Number 1

Fireplaces Type Unknown

Exterior

Parking Features Yes

View Y/N No

Roof Type Unknown

Attached Garage No

Total Parking Spaces 1

Garage Yes

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by Royal LePage Kelowna

NEARBY SCHOOL & BUSINESS

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Andrew Loewen

Agent | License ID: 181959

+1(250) 801-6713

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693 Mayfair Court Kelowna, BC V1X7H7

Andrew Loewen

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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693 Mayfair Court