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Legal suite

$1,449,000

5300 Hedeman Court

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Beds

5

Baths

5 full + 1 half

Sqft

Year

2022

Type

Single Family

Suite

Legal suite

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

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
Structure
House
Community
Kettle Valley
Common interest
Freehold
Living area
4,167 square feet
Lot size
0.25 acres
Lot dimensions
0.25
Parking
2 total
Stories
2
On market
Dec 23, 2025
Status changed
Apr 15, 2026
Annual tax
$7,327.06
Photos
48
MLS#
10371346
Area
KELOWNA

Features and systems

Parking

Attached Garage

Basement

Full

Appliances

WasherRefrigeratorCooktop - GasDishwasherWine FridgeDryerMicrowaveOven - Built-InHood Fan

Heating

Forced airIn Floor HeatingSee remarks

Cooling

Central air conditioning

Flooring

ConcreteTileLaminate

Roof

Asphalt shingleUnknown

Lot

Central islandTwo Balconies

Community

Family Oriented
Negative cash flow ~$164/mo at these assumptions

Cash on cash

-0.68%

Cap rate

4.73%

GRM

13.9

Break-even rent

$8,872

Financing

Down payment$289,800
Loan amount$1,159,200
Mortgage$5,873/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: 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 $5,873/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 15, 2026.

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