No photos available

Investment signal

$859,000

645 Mark Road

Beds

Baths

Sqft

—

Year

1974

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

Open full map

Text about this home Send a message

About this home

Spacious five bedroom, three bathroom home on a massive corner lot in a quiet Kelowna neighborhood. Features a bright two bedroom in-law suite with separate entrance—ideal for extended family or rental income. The large yard is a gardener’s dream with plenty of room to grow, relax, or entertain. Ample parking with space for your RV, boat, and all the toys. Great location close to schools, parks, and amenities. A rare find offering flexibility, space, and potential. Ideally located close to shopping, schools, hiking trails, and transportation. Extensive Decking and huge patio area allows you to chase the sun all day, or relax in the covered gazebo or hot tub! The home has been lovingly maintained and updated with quality finishing throughout! (id:65958)

Subtype: Single Family
Structure: House
Community: Rutland South
Common interest: Freehold
Living area: 2,328 square feet
Lot size: 0.21 acres
Lot dimensions: 0.21
Parking: 5 total
Stories: 2
Fireplace: 2
On market: Jan 15, 2026
Status changed: Apr 13, 2026
Annual tax: $4,303.97
Photos: 41
MLS#: 10372691
Area: KELOWNA

Features and systems

Parking

Attached GarageAdditional Parking

Basement

Full

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryer

Heating

See remarks

Cooling

Central air conditioning

Exterior

Vinyl siding

Flooring

LaminateVinyl

Roof

Asphalt shingleUnknown

Lot

Central island

Negative cash flow ~$1,678/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.72%

Cap rate

3.54%

GRM

16.6

Break-even rent

$6,067

Financing

Down payment$171,800

Loan amount$687,200

Mortgage$4,216/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$394

Insurance$80

Maintenance$716

CapEx reserve$358

Vacancy loss$215

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.

Lifestyle 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.

Mortgage estimate

Estimated $4,216/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 13, 2026.