Jenvey
104 - 3477 Lakeshore Rd
Kelowna, BC
Canada V1W 3S9
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
At Sotheby's International Realty Canada, I take pride in representing quality properties that stand out in the market. My background in sales and marketing equips me with the tools to effectively highlight the unique features of each property, ensuring they gain the right attention.
I believe in a client-first approach, ensuring every service is tailored to individual needs. Whether you're buying your first home, selling a cherished property, or considering an investment, I'm here to provide guidance and clarity every step of the way.
My qualifications, including Seniors Real Estate Specialist (SRES®), Certified Luxury Home Marketing Specialist (CLHMS™), Resort and Second Home Specialist (RSPS), and Certified International Property Specialist (CIPS), emphasize my dedication to the field and my commitment to understanding the diverse needs of my clients.
With a background in municipal engineering and geographic information systems, I possess a comprehensive understanding of the area's offerings. This knowledge, combined with my dedication, ensures you receive expert advice tailored to your requirements.
Being a part of the respected Sotheby's International Realty network, I have access to a vast array of resources. This connection, paired with modern marketing techniques, ensures that properties receive optimal exposure.
If you're looking for a trusted partner in your real estate journey, I am here to assist with expertise and genuine dedication. Please feel free to contact me at 250-808-6240 for any inquiries or assistance.