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520 Rutland Road N, Kelowna, British Columbia, V1X 3B4

MLS® # 10328904
new listing
Commercial For Sale In Rutland, Kelowna, British Columbia
$1,499,000
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520 Rutland Road N, Kelowna, British Columbia, V1X 3B4
$1,499,000

Property Information:

Rare opportunity to purchase a double road front/back access, development site located on a prime central location in Rutland. The property generates rental income plus future upside as increased density multifamily development.The zoning allows a 6 stories apartment building with mixed commercial option. Huge .31 Acres (13,504 SF) site close proximity to schools, shops, parks, transit and restaurants. The current FAR 2.30 with bonus has potential to support 20-30 units based on unit mix.The existing home comes with 4 bedrooms and 2 bathrooms with ample storage space in the basement. 10 minutes drive to Downtown, UBCO, and Airport. 40 Mins Big White Ski Resort. (id:27)

Building Features:

  • Style: Mixed
  • Building Type: Residential Commercial Mix
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Forced air

Property Features:

  • Property Type: Other
  • Access Type: Easy access
  • Amenities Nearby: Golf Nearby, Airport, Park, Recreation, Schools, Shopping
  • Community Features: Family Oriented
  • Current Use: Mixed use
  • Features: Level lot
  • Fence Type: Fence
  • Landscape Features: Landscaped
  • Lot Frontage: 67.0 Feet
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system
  • Parking Type: See Remarks
  • No. of Parking Spaces: 7

Courtesy of: RealtyMonX

REALTOR.ca  

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Market Price Trends

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Location of 520 Rutland Road N, Kelowna, British Columbia, V1X 3B4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

27 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

12 storms expected in 2050

Projected Heat Risk: Moderate

27 hot days expected in 2050

49/100

Moderate

ClimateCheck®

Current data

This property, 520 Rutland Road N , experiences 7 hot days per year at around 33.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 36.9 degrees Celsius.

Projected Avg. Temperature

Past
33.1℃
2050
36.9℃

# Hot Days Per Year

Past
7
2050
27

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

12 storms expected in 2050

20/100

Moderate-Low

ClimateCheck®

Current data

This property, 520 Rutland Road N , experiences 11 significant 2-day storms per year, with about 144.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 157.9mm of precipitation per year.

Precipitation Per Storm

Past
144.1mm
2050
157.9mm

48-Hour Storms Per Year

Past
11
2050
12

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 520 Rutland Road N, Kelowna, British Columbia, V1X 3B4

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$100,907.76

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.16 %

High school certificate or equivalent

34.38 %

Apprenticeship trade certificate/diploma

8.92 %

College/non-university certificate

21.02 %

University certificate (below bachelor)

0.16 %

University Degree

19.36 %

Commuter

Travel To Work

By Car

84.6 %

By Public Transit

10.69 %

By Walking

2.27 %

By Bicycle

0.29 %

By Other Methods

2.15 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

26.67 %

Houses

73.33 %

Own Vs. Rent

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