740 & 746 Raymer Avenue, Kelowna
Exceptional opportunity in Kelowna’s sought-after Lower Mission/Raymer neighbourhood! 746 & 740 Raymer Ave presents a rare full duplex with an additional suite, effectively creating three income-producing units on one property. One side offers a beautifully updated 3-bedroom home ideal for strong market rents or owner-occupancy, while the other side is complemented by an additional dwelling, delivering three, diversified revenue streams. Set on a generous lot in a prime, walkable location, you’re steps to top-rated schools, parks, and transit, and just minutes to the Lower Mission shopping district, Pandosy Village, and a wide selection of dining and everyday amenities. Enjoy the Okanagan lifestyle with nearby beaches, the H2O Adventure + Fitness Centre, and an extensive network of walking and biking trails. Adding significant upside, the property is zoned for up to six dwellings, offering outstanding redevelopment potential in one of Kelowna’s most in-demand areas. Whether you’re looking for immediate cash flow, a live-in investment, or a future development play, this property delivers unmatched flexibility, location, and long-term value. (id:62865)
Status
Active
Year Built
1965
Property Type
Duplex
Ownership
Freehold
Parking Spaces
8
Annual Tax
$6,307
Parcel Number
002-201-020
Data Source
Association of Interior REALTORS®
Bedrooms
7
Bathrooms
4
Living Area
2957 square feet
Architectural Style
Bungalow
Flooring
Appliances
Exterior Features
Roof
Unknown,Unknown
Heating
Baseboard heaters
Cooling
Wall unit
Water Source
Municipal water
Sewer
Municipal sewage system
$1,290,000
Office
Royal LePage Kelowna
Loan Amount:
$1,032,000
Estimated Monthly Payment:
$5,029
This is an estimate for informational purposes only. Consult with a financial advisor.
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