525 Leathead Road Kelowna, British Columbia V1X 2J5
$898,000
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:45850)
Property Details
| MLS® Number | 10326953 |
| Property Type | Single Family |
| Neigbourhood | Rutland North |
| AmenitiesNearBy | Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping |
| CommunityFeatures | Family Oriented |
| Features | Treed, See Remarks, Two Balconies |
| ParkingSpaceTotal | 6 |
| ViewType | Mountain View |
Building
| BathroomTotal | 3 |
| BedroomsTotal | 7 |
| Appliances | Refrigerator, Range - Electric, Range - Gas, Microwave, Washer & Dryer |
| ConstructedDate | 1956 |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Composite Siding |
| FireProtection | Smoke Detector Only |
| FlooringType | Carpeted, Ceramic Tile, Laminate, Mixed Flooring |
| HeatingType | In Floor Heating, Hot Water, See Remarks |
| RoofMaterial | Asphalt Shingle |
| RoofStyle | Unknown |
| StoriesTotal | 2 |
| SizeInterior | 2695 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| See Remarks | |
| Attached Garage | 1 |
Land
| AccessType | Easy Access |
| Acreage | No |
| FenceType | Fence |
| LandAmenities | Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeIrregular | 0.21 |
| SizeTotal | 0.21 Ac|under 1 Acre |
| SizeTotalText | 0.21 Ac|under 1 Acre |
| ZoningType | See Remarks |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 19'3'' x 11'5'' | ||
| Second Level | Bedroom | 13'8'' x 16'3'' | ||
| Second Level | Other | 7'7'' x 11'5'' | ||
| Basement | Storage | 8'5'' x 10'8'' | ||
| Basement | Bedroom | 16'5'' x 9'5'' | ||
| Basement | Laundry Room | 5'7'' x 3'9'' | ||
| Basement | Full Bathroom | 8'7'' x 7'4'' | ||
| Basement | Bedroom | 12'8'' x 12'9'' | ||
| Basement | Kitchen | 14'1'' x 10'1'' | ||
| Basement | Living Room | 11'3'' x 9'9'' | ||
| Basement | Bedroom | 9'1'' x 10'6'' | ||
| Basement | Foyer | 4'10'' x 7'4'' | ||
| Main Level | Full Bathroom | 8'6'' x 4'0'' | ||
| Main Level | Bedroom | 13'5'' x 9'3'' | ||
| Main Level | Full Bathroom | 4'7'' x 8' | ||
| Main Level | Primary Bedroom | 10'4'' x 13'6'' | ||
| Main Level | Living Room | 15'6'' x 11'3'' | ||
| Main Level | Dining Room | 16'1'' x 11'3'' | ||
| Main Level | Kitchen | 12'5'' x 11'1'' | ||
| Main Level | Games Room | 16'4'' x 11'5'' | ||
| Main Level | Foyer | 7'1'' x 5'0'' |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
| Sewer | Available |
| Water | Available |
https://www.realtor.ca/real-estate/27584186/525-leathead-road-kelowna-rutland-north
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October 28 2024 08:22:32
Okanagan-Mainline Real Estate Board
Rennie & Associates Realty Ltd.