693 Mayfair Ct, Kelowna, BC V1X7H7

Beds
7
Baths
5
Sqft
156,119,040

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Listed byCatania Realty Limited
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Overview

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:58180)

Location

Full feature list

Basic info

Property type
House
Number of stories
2
Number of bedrooms
7
Number of bathrooms
5
Square feet
156,119,040
Lot size (acres)
0.21
Year built
1991

Interior features

Fireplaces
1

Utilities

Heating
See Remarks
Sewer
Septic System
Water
Water

Taxes

Tax Annual Amount
$6,057.28

Public schools

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Sourced from: Canadian Real Estate Association MLS®#: 10394265 Last checked:

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