$794,000
693 Paret Place
Beds
4
Baths
3 full + 1 half
Sqft
—
Year
1976
Type
Single Family
Suite
Investment signal
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
Spacious and full of potential, this 4 bedroom plus den/office split-level home sits on a large corner RU1 lot, offering incredible opportunity for families or investors alike. Thoughtfully designed, the top floor features three bedrooms, including a large south-facing primary retreat with a full ensuite, along with an additional full bathroom. The main level offers bright and functional living with a kitchen, dining area, and living room complete with a cozy gas fireplace, while the lower level includes a generous family room with patio and backyard access, a fourth bedroom, den/office, bathroom, and laundry. Enjoy added convenience with direct access to the carport and garage, plus a private backyard complete with gas BBQ hook up, underground irrigation, hot tub, and extra side storage, including secure tire storage. With suite potential and plenty of space to grow, customize, and add value, this home is an ideal canvas. Ideally located close to schools, parks, and amenities, and just under a 7-minute walk (approx. 550m) to the beach, this property offers the perfect blend of lifestyle and location. A fantastic opportunity to create your ideal family home or investment property. (id:65958)
- Subtype
- Single Family
- Architectural style
- Multi-level
- Structure
- House
- Community
- Lower Mission
- Common interest
- Freehold
- Living area
- 1,818 square feet
- Lot size
- 0.23 acres
- Lot dimensions
- 0.23
- Parking
- 6 total
- Stories
- 3
- Fireplace
- 1
- On market
- Apr 8, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $4,274.83
- Photos
- 50
- MLS#
- 10382187
- Area
- KELOWNA
Features and systems
Parking
Appliances
Heating
Cooling
Flooring
Roof
Lot
Community
Security
Cash on cash
-6.64%
Cap rate
3.54%
GRM
16.6
Break-even rent
$4,900
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.