New Price in Upper Mission Kelowna

Lowest Priced Single Family Home with a Legal Suite in Upper Mission and Kettle Valley

If you’ve been watching the market in Upper Mission Kelowna, this is the opportunity buyers wait for.

A newly adjusted price has just made this spacious family home with a legal suite even more attractive. Combining location, income potential, and long-term livability, this property now stands out as one of the best values in the Upper Mission.

For buyers tracking the Kelowna market, that’s a meaningful shift

647 Peridot Place

5 bedrooms | 3.5 bathrooms
3,349 sq.ft.
2-storey home with walkout 1-bedroom legal suite
MLS®#10377108

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A Different Entry into Upper Mission

Homes in Upper Mission with legal suites typically command a premium. This one now opens the door at a lower entry point without giving up the key features buyers look for.

The legal suite brings in approximately $1,900 per month, adding flexibility whether you're planning around monthly costs or long-term holding.

Space That Holds Its Value

With over 3,300 square feet, the layout is practical and well-balanced.

• Five bedrooms and three and a half bathrooms
• South-facing main living space with consistent natural light
• Primary bedroom with ensuite and covered deck access
• Upper-level flex area that works as an office, playroom, or second living space
• Main floor bedroom suited for guests or extended family

It’s a layout that continues to work as households evolve.

Legal Suite That Works From Day One

The suite is fully self-contained and set up for independence.

• One-bedroom layout with private entry
• Separate laundry
• Strong rental demand in Upper Mission
• Option to keep the current tenant in place

When comparing homes in Kettle Valley and Upper Mission, this is where the numbers start to separate.

Major Updates Already Completed

The important upgrades are already in place.

• Legal suite completed in 2021
• Furnace replaced in 2024
• Hot water tank in 2023
• Interior repaint in 2023
• New suite flooring
• Updated appliances including newer fridge and suite stove
• Gutter leaf guards installed

No immediate projects waiting.

Established Upper Mission Location

Positioned on a quiet cul-de-sac, the home sits within one of Kelowna’s more established Upper Mission pockets.

• Close to schools and everyday amenities
• Minutes to Mission Village shopping and services
• Access to parks, trails, and outdoor recreation

It’s a location that consistently holds demand.

Practical Details

• Double garage with additional driveway parking
• Extra space for tenant or guest vehicles
• Quick possession available for the main home

Where It Sits Now

At its current price of $1,224,000, 647 Peridot Place is the lowest entry point for a single family home with a legal suite in Upper Mission and Kettle Valley.

For buyers tracking that segment of the market, it’s a position that doesn’t come up often.