693 Mayfair Court, Kelowna
MLS® 10394265
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:36863)
Property Details
- Full Address:
- 693 Mayfair Court, Kelowna, British Columbia
- Price:
- $ 959,000
- MLS Number:
- 10394265
- List Date:
- July 10th, 2026
- Lot Size:
- 0.21 ac
- Year Built:
- 1991
- Taxes:
- $ 6,057
Interior Features
- Bedrooms:
- 7
- Bathrooms:
- 5
- Appliances:
- Refrigerator, Oven - Electric, Cooktop - Electric, Range - Electric, Dishwasher, Washer & Dryer
- Flooring:
- Carpeted
- Air Conditioning:
- Central air conditioning
- Heating:
- See remarks
- Fireplaces:
- 1
- Fireplace Type:
- Gas, Unknown
Building Features
- Storeys:
- 2
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Roof:
- Asphalt shingle, Unknown
- Exterior:
- Vinyl siding
- Garage:
- Additional Parking
- Garage Spaces:
- 1
- Ownership Type:
- Freehold
- Taxes:
- $ 6,057
Floors
- Finished Area:
- 3584 sq.ft.
Land
- Lot Size:
- 0.21 ac
Neighbourhood Features
Ratings
Commercial Info
Location
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