No photos available
Legal suite

$1,449,000

5300 Hedeman Court

Beds

5

Baths

5.1

Sqft

Year

2022

About this home

This exceptional modern residence blends high-end design with functional versatility and impressive income potential. This home offers 5 bedrooms in total—including a self-contained, legal 2 bedroom suite ideal for extended family, guests or as a mortgage helper. The main level is a showcase of contemporary elegance, featuring soaring 12-foot ceilings, radiant in-floor heating on both levels, and refined finishes throughout. The chef-inspired kitchen stands out with Fisher & Paykel appliances, a double island, beverage fridge and a walk-through butler’s pantry with prep sink. The luxurious primary suite offers a generous walk-in closet and a spa-like 5-piece ensuite, complete with a double rain shower. 2 additional bedrooms are located on the main floor and share a sleek 4-piece bathroom. On the lower level, a spacious flex area provides the perfect canvas for a media room, games room or additional living space. There is also a dedicated “man cave,” a full 3-piece bathroom and flexible space that could easily adapt to multi-generational living needs. The legal suite offers a private entrance, 2 bedrooms, bathroom, in-suite laundry, electric stove and independent heating & electrical systems. Currently tenanted, it presents a turnkey revenue opportunity. Additional highlights include built-in Sonos speakers, on-demand hot water and a generously sized double garage with 12-foot ceilings—ideal for extra storage or even a car lift. (id:65958)

Subtype
Single Family
Architectural style
Contemporary
Lot size
0.25 acres
MLS#
10371346
Area
KELOWNA
Negative cash flow ~$1,402/mo at these assumptions

Cash on cash

-5.81%

Cap rate

4.73%

GRM

13.9

Break-even rent

$10,176

Financing

Down payment$289,800
Loan amount$1,159,200
Mortgage$7,112/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$664
Insurance$80
Maintenance$1,208
CapEx reserve$604
Vacancy loss$435

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $7,112/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 15, 2026.

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