1 / 84

Legal suite

$1,415,000

4630 Raymer Road

Save this home

Beds

Baths

5 full + 4 half

Sqft

—

Year

2022

Type

Single Family

Suite

Legal suite

Text Hasan Open map Ask a question

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kelowna. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Introducing a stunning new listing at 4630 Raymer Road, located in the prestigious Lower Mission area of Kelowna. This beautifully built two-storey home, completed in 2022, offers exceptional quality and thoughtful design throughout. The main residence features spacious living areas with modern finishes, while the home also includes a 2-bedroom legal suite and an additional 2-bedroom, 1-bathroom unauthorized suite-perfect for extended family or generating rental income. Situated just minutes from Okanagan Lake, top-rated schools and all the luxury amenities of Lower Mission, this home combines comfort, functionality, and location. A perfect opportunity for families or investors seeking a well-built property in one of Kelowna's most desirable neighborhoods. This listing is ideally situated on a quiet residential street, just an 8-minute drive from Okanagan College and the vibrant Gyro Beach area, offering both convenience and a serene neighborhood setting. (id:65958)

Subtype: Single Family
Structure: House
Community: Lower Mission
Common interest: Freehold
Living area: 3,439 square feet
Lot size: 0.14 acres
Lot dimensions: 0.14
Parking: 4 total
Stories: 2
On market: Nov 5, 2025
Status changed: Apr 23, 2026
Annual tax: $6,376.51
Photos: 84
MLS#: 10367598
Area: KELOWNA

Features and systems

Parking

Attached GarageStreet

Appliances

RefrigeratorDishwasherOvenDryerOven - Built-InWasher & Dryer

Heating

Baseboard heatersForced airSee remarks

Cooling

Central air conditioning

Security

Security system

Negative cash flow ~$158/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-0.67%

Cap rate

4.73%

GRM

13.9

Break-even rent

$8,666

Financing

Down payment$283,000

Loan amount$1,132,000

Mortgage$5,736/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$649

Insurance$80

Maintenance$1,179

CapEx reserve$590

Vacancy loss$425

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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 $5,736/mo at 4.5% with 20% down, 30-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 23, 2026.