MLS: 10394265
693 Mayfair Court
3584 sqft
7 Bedrooms
5 Bathrooms
$909,000
Priced over $150,000 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 was generating 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:6770)
Investment Opportunities 3+ bedrooms 4+ bedrooms 5+ bedrooms Single Family Home < 1 Acre New
Listed by Kaila Klassen
Royal LePage Kelowna
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Overview
- Price $909,000
- MLS # 10394265
- Age 1991
- Stories 2
- Size 3584 sqft
- Bedrooms 7
- Bathrooms 5
- Exterior Vinyl siding
- Cooling Central Air Conditioning
- Appliances Refrigerator, Dishwasher,
- Water Municipal water
- Sewer Municipal sewage system
- Flooring Carpeted
- Listing Agent Kaila Klassen
- Listing Office Royal LePage Kelowna
Contact an agent for more information or to set up a viewing.
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