Raven
1214 7th Avenue Box 2280
Invermere, BC
Canada V0A 1K0
Details
Address | 525 Leathead Road |
Area | Central Okanagan |
Sub Area | RN - Rutland North |
State/Province | British Columbia |
Country | Canada |
Price | $898,000 |
Property Type | Single Family - Detached |
Bedrooms | 7 |
Bathrooms | 3 |
Half Baths | 0 |
Floor Space | 2695 Square Feet |
Lot Size | 0.21 Acres |
Waterfront | No |
Year Built | 1956 |
Taxes | $3,893 |
Tax Year | 2023 |
MLS® # | 10322993 |
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.
Listed by RENNIE & ASSOCIATES REALTY
Location
About
Bernie Raven has been one of the Valley top-producing realtors in the Columbia Valley for the last 27 years. He prides himself in his commitment to his clients, quick response, and attention to detail. His success is due to hard work, honesty, dedication and two very important ingredients reputation and respect. He feels these 5 things will make you or break you. Bernie was born and raised in the Columbia Valley which is where he raised his family.
MaxWell Realty President's Award 2010, 2011, 2012, MaxWell Realty Chairman’s Award 2013, MaxWell Realty Chairman’s Award, Top Team and Hall of Fame 2014, MaxWell Realty President's Award, Top Team 2015, MaxWell Realty President's Award 2016, President’s Award and Pinnacle Award 2017, MaxWell Realty President's Award 2018, Director’s Award 2019, Chairman’s Award 2020, Summit Award 2020, Chairman’s Award 2021, Summit Award 2021, Summit Award 2021 and Top MaxWell Team 3rd by production.
RE/MAX Platinum Club, RE/MAX Chairman’s Club, RE/MAX Hall of Fame, top 100 in Canada for 2007, top 100 in Western Canada for 2008, Gold Club Award Top 10% in the Kootenay Real Estate Board.