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525 Leathead Road Kelowna, British Columbia V1X 2J5

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7 Bedroom 3 Bathroom 2695 sqft
Other Central Air Conditioning Forced Air Landscaped

$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:52811)

Property Details

MLS® Number 10322993
Property Type Single Family
Neigbourhood Rutland North
Amenities Near By Public Transit
Features See Remarks
Parking Space Total 6

Building

Bathroom Total 3
Bedrooms Total 7
Appliances Range, Refrigerator, Dryer, Range - Electric, Washer & Dryer
Architectural Style Other
Basement Type Crawl Space, Full, Cellar
Constructed Date 1956
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Stone, Stucco
Flooring Type Mixed Flooring
Heating Type Forced Air
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 2
Size Interior 2695 Sqft
Type House
Utility Water Municipal Water

Parking

See Remarks

Land

Acreage No
Land Amenities Public Transit
Landscape Features Landscaped
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 Unknown

Rooms

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

https://www.realtor.ca/real-estate/27344599/525-leathead-road-kelowna-rutland-north