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525 Leathead Road Kelowna, British Columbia V1X 2J5

7 Bedroom 3 Bathroom 2695 sqft
Central Air Conditioning In Floor Heating, Hot Water, See Remarks

$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:20009)

Property Details

MLS® Number 10326953
Property Type Single Family
Neigbourhood Rutland North
Amenities Near By Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping
Community Features Family Oriented
Features Treed, See Remarks, Two Balconies
Parking Space Total 6
View Type Mountain View

Building

Bathroom Total 3
Bedrooms Total 7
Appliances Refrigerator, Range - Electric, Range - Gas, Microwave, Washer & Dryer
Constructed Date 1956
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Composite Siding
Fire Protection Smoke Detector Only
Flooring Type Carpeted, Ceramic Tile, Laminate, Mixed Flooring
Heating Type In Floor Heating, Hot Water, See Remarks
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 2
Size Interior 2695 Sqft
Type House
Utility Water Municipal Water

Parking

See Remarks
Attached Garage 1

Land

Access Type Easy Access
Acreage No
Fence Type Fence
Land Amenities Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping
Sewer Municipal Sewage System
Size Irregular 0.21
Size Total 0.21 Ac|under 1 Acre
Size Total Text 0.21 Ac|under 1 Acre
Zoning Type See Remarks

Rooms

Level Type 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

Interested?

Contact us for more information


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Angela Kabakov

(604) 781-3150
rennie.com/angelakabakov

Rennie & Associates Realty Ltd.
#110 - 1650 West 1st Avenue
Vancouver, British Columbia V6J 1G1

(604) 681-8898
(604) 681-9899