525 Leathead Road, Kelowna, British Columbia, V1X 2J5

$898,000

MLS® # 10322993

House For Sale In Rutland, Kelowna, British Columbia

$898,000

  • 7

    Bedrooms

  • 3

    Baths

  • 6

    Parking Spaces

Property Information:

Priced BELOW ASSESSMENT VALUE!! Attention Buyers, Investors, and Developers: Discover this well-maintained, income-producing 7-bedroom, 3-bathroom home that offers multiple opportunities. Live in it, rent it out for high income, or redevelop it with land assembly potential in the Rutland Urban Center-UC4 Zoning! Enjoy breathtaking mountain views from this dream home situated on a generous 0.21-acre lot. The home features updates throughout, including efficient in-floor hot water heating and premium air conditioning, and offers a separate entrance for the 3-bedrooms below, making it perfect for multi-family living or rental purposes. The spacious, fully fenced yard provides ample parking space for a boat, RV, and more, enhancing its appeal. Furnishings can be included for a turnkey investment. The lot spans approximately 9,147 sqft (70x142), offering abundant potential for future development, whether you choose to redevelop this single lot or consider assembling adjacent lots for a larger-scale project. This property is ideally located just minutes away from parks, schools, shopping, and recreational facilities, making it suitable for student housing or generating lucrative rental income while awaiting land assembly. Don't miss the chance to secure a place in this burgeoning development landscape, with the added bonus of a potential land assembly opportunity. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Other
  • Basement Type: Crawl space, Full, Cellar
  • Construction Style - Attachment: Detached
  • Exterior Finish: Stone, Stucco
  • Flooring Type: Flooring Type
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Forced air
  • Cooling Type: Central air conditioning
  • Appliances: Range, Refrigerator, Dryer, Range - Electric

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 7
  • Bathrooms: 3
  • Amenities Nearby: Public Transit
  • Built in: 1956
  • Features: See remarks
  • Landscape Features: Landscaped
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system
  • Parking Type: See Remarks
  • No. of Parking Spaces: 6

Rooms:

  • Bathroom 2nd Level 8'6'' x 4'
  • Bedroom 2nd Level 13'5'' x 9'3''
  • Bathroom 2nd Level 6'4'' x 7'8''
  • Bedroom 2nd Level 10'4'' x 13'5''
  • Living 2nd Level 15'6'' x 11'3''
  • Dining 2nd Level 16'1'' x 11'3''
  • Kitchen 2nd Level 12' x 11'1''
  • Games 2nd Level 16'4'' x 11'5''
  • Foyer 2nd Level 7'1'' x 5'
  • Bedroom Lower Level 19'3'' x 11'5''
  • Bedroom Lower Level 13'8'' x 16'3''
  • Other Lower Level 7'7'' x 11'5''
  • Storage Main Level 8'5'' x 10'8''
  • Bedroom Main Level 16'5'' x 9'5''
  • Laundry Main Level 5'7'' x 3'9''
  • Bathroom Main Level 8'9'' x 7'4''
  • Primary Bedroom Main Level 12'8'' x 12'9''
  • Kitchen Main Level 14'1'' x 10'1''
  • Living Main Level 11'3'' x 9'9''
  • Bedroom Main Level 9'1'' x 10'6''
  • Foyer Main Level 4'10'' x 7'4''

Courtesy of: Rennie & Associates Realty Ltd.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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