Munday* PREC*
484 Main Street
Penticton, BC
Canada V2A 5C5
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® # | 10326953 |
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
Dori is Penticton Born and Raised. She has been selling real estate for 15 years. Working with the other rockstars at Royal LePage, the #1 company in Penticton for the past 35 consecutive years. We have over 60% market share and over 55 awesome agents.
https://www.penticton-realestate.com
Helping you achieve the best-desired outcome through skillful negotiations coupled with strong agent - agent relationships. Dori is a Master Certified Negotiation Specialist. Dori sells on average over 40 homes a year and specializes in Buyers Agency.
Red Diamond Award Winner - Top 2%
Office ranked Top Individual Agent
- Presidents Gold (Top 10%) 2007-2019
- Award of Excellence (Top 10% for 5 consecutive years) 2015 +2019
- Directors Platinum Award (Top 3%) 2010+2017+2018
- Lifetime Achievement Award (Top 10% (or better) for 10 consecutive years) 2017, 2018, 2019
Testimonials? I can deliver pages of recommendations from satisfied buyers and sellers.
http://www.penticton-realestate.com/about-dori/testimonials#.VevP8_ZViko
Looking to learn more about living in Penticton? - Call Dori for a Buyers consultation.