- ©MLS 10394265
- Area 3584 sq ft
- Bedrooms 7
- Bathrooms 5
- Parkings 1
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:48970) Show More
Details
- Constructed Date: 1991
- Property Type: Single Family
- Type: House
- Neighbourhood: Rutland South
Features
- Central island
- Balcony
- Refrigerator
- Dishwasher
- Cooktop - Electric
- Oven - Electric
- Range - Electric
- Washer & Dryer
- Central air conditioning
- Smoke Detector Only
- See remarks
Rooms Details For 693 Mayfair Court
| Type | Level | Dimension |
|---|---|---|
| Bedroom | Lower level | 9'11'' x 13'8'' |
| Other | Lower level | 15'2'' x 20'10'' |
| Utility room | Lower level | 3'7'' x 7' |
| Kitchen | Lower level | 7'10'' x 6'2'' |
| 4pc Bathroom | Lower level | 5'9'' x 10'' |
| 4pc Bathroom | Lower level | 6'6'' x 9'1'' |
| Foyer | Lower level | 15'2'' x 8'7'' |
| Bedroom | Lower level | 17' x 14' |
| Primary Bedroom | Main level | 13'9'' x 13'11'' |
| Kitchen | Main level | 11' x 11' |
| Great room | Main level | 24'8'' x 18'5'' |
| Family room | Main level | 13'8'' x 18'11'' |
| Dining room | Main level | 8' x 11'1'' |
| Other | Main level | 13'7'' x 8'8'' |
| Bedroom | Main level | 10' x 14' |
| Bedroom | Main level | 10' x 10'11'' |
| 5pc Bathroom | Main level | 7'5'' x 10'2'' |
| 4pc Ensuite bath | Main level | 7'4'' x 5'9'' |
Location
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Data provided by: Okanagan-Mainline Real Estate Board