Don Rae Realtor


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  • 693 Mayfair Court Kelowna V1X7H7

    Price : $959,000 Listing ID : 10394265
    Bedrooms Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 3584 sqft
    Built in : 1991 Total Parking Spaces : 1
    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:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : - Access : - Appliances Inc : Refrigerator, Dishwasher, Cooktop - Electric, Oven - Electric, Range - Electric, Washer & Dryer
    Community Features : - Features : Central island, Balcony Structures : -
    Total Parking Spaces : 1 View : - Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : - Bathrooms (Partial) : 0 Cooling : Central air conditioning
    Fire Protection : Smoke Detector Only Fireplace Fuel : Gas Fireplace Type : Unknown
    Floor Space : - Flooring : Carpeted Foundation Type : -
    Heating Fuel : - Heating Type : See remarks Roof Style : Unknown
    Roofing Material : Asphalt shingle Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
    Type : - Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    Additional Accommodation Bedroom 11'8'' x 14'
    Bedroom 14'5'' x 14'1''
    Full bathroom 7' x 7'3''
    Kitchen 7'11'' x 11'11''
    Living room 15'6'' x 19'7''
    Lower level 4pc Bathroom 5'9'' x 10''
    4pc Bathroom 6'6'' x 9'1''
    Bedroom 17' x 14'
    Bedroom 9'11'' x 13'8''
    Foyer 15'2'' x 8'7''
    Kitchen 7'10'' x 6'2''
    Other 15'2'' x 20'10''
    Utility room 3'7'' x 7'
    Main level 4pc Ensuite bath 7'4'' x 5'9''
    5pc Bathroom 7'5'' x 10'2''
    Bedroom 10' x 10'11''
    Bedroom 10' x 14'
    Dining room 8' x 11'1''
    Family room 13'8'' x 18'11''
    Great room 24'8'' x 18'5''
    Kitchen 11' x 11'
    Other 13'7'' x 8'8''
    Primary Bedroom 13'9'' x 13'11''
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.