525 Leathead Road Active

Kelowna,BC V1X2J5

$ 898000

7 Beds

3 Baths

2695 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,695 sqft

Price per Sqft $333

Subdivision Rutland North

MLS Listing ID 10326953

Bedrooms 7

Originating Board Association of Interior REALTORS®

Year Built 1956

Lot Size 9,147 Sqft

Acres 9147.6

Property Description

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:24570)

Location

State BC

Zoning See Remarks

Rooms

Extra Room 1 Second level 19'3'' x 11'5'' Bedroom

Extra Room 2 Second level 13'8'' x 16'3'' Bedroom

Extra Room 3 Second level 7'7'' x 11'5'' Other

Extra Room 4 Basement 8'5'' x 10'8'' Storage

Extra Room 5 Basement 16'5'' x 9'5'' Bedroom

Extra Room 6 Basement 5'7'' x 3'9'' Laundry room

Interior

Heating In Floor Heating,Hot Water,See remarks

Cooling Central air conditioning

Flooring Carpeted,Ceramic Tile,Laminate,Mixed Flooring

Exterior

Garage Yes

Garage Spaces 1.0

Garage Description 1

Fence Fence

Community Features Family Oriented

View Y/N Yes

View Mountain view

Roof Type Unknown

Total Parking Spaces 6

Private Pool No

Building

Story 1.5

Sewer Municipal sewage system

Others

Ownership Freehold

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