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Investment signal

$674,999

746 Raymer Avenue

Save this home

Beds

4

Baths

2

Sqft

Year

1965

Type

Single Family

Suite

Suite potential

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

Welcome to an exceptional opportunity in Kelowna’s highly desirable Lower Mission/Raymer neighborhood! This versatile property offers the perfect blend of lifestyle and income potential, featuring a well-designed 3-bedroom main home alongside a semi-detached 1-bedroom suite—ideal for extended family, guests, or a valuable mortgage helper. The thoughtfully designed layout provides comfortable, functional living for families while offering the flexibility of multi-generational living or rental income. Set on a generous, flat, fully fenced lot, there’s plenty of space for kids to play, pets to roam, and outdoor living to thrive. Enjoy warm Okanagan evenings on the spacious deck, perfect for entertaining, plus the added convenience of a storage outbuilding. With parking for up to 4 vehicles, there’s room for both residents and visitors. Step outside into a safe, walkable community just minutes from top-rated schools, parks, transit, beaches, shopping, and dining. Whether you're looking for a family home with added flexibility or a smart investment in a prime location, this property delivers the ultimate Okanagan lifestyle. Also available as a FULL DUPLEX. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
Duplex
Community
Kelowna South
Common interest
Freehold
Living area
1,872 square feet
Lot size
0.11 acres
Lot dimensions
0.11
Parking
4 total
Stories
1
On market
Apr 14, 2026
Status changed
Apr 24, 2026
Annual tax
$3,252.82
Photos
51
MLS#
10383251
Area
KELOWNA

Features and systems

Parking

RearRV

Appliances

RefrigeratorRange - ElectricDishwasherMicrowaveWasher & Dryer

Heating

Baseboard heaters

Cooling

Wall unit

Exterior

StuccoOther

Flooring

Vinyl

Roof

UnknownUnknown
Negative cash flow ~$763/mo at these assumptions

Cash on cash

-6.78%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,178

Financing

Down payment$135,000
Loan amount$539,999
Mortgage$2,736/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$309
Insurance$80
Maintenance$562
CapEx reserve$281
Vacancy loss$169

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 $2,736/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 24, 2026.

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