525 Leathead Road | $898,000
Blake Crocker Agent Photo
Blake
Crocker
C. (250) 488-8113
P. (250) 493-2244
Phone Blake http://blakecrocker.realtyhd.com/
ROYAL LEPAGE LOCATIONS WEST
484 Main Street
Penticton, BC
Canada V2A 5C5

Details

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Address 525 Leathead Road
AreaCentral Okanagan
Sub AreaRN - Rutland North
State/ProvinceBritish Columbia
CountryCanada
Price$898,000
Property TypeSingle Family - Detached
Bedrooms7
Bathrooms3
Half Baths0
Floor Space2695 Square Feet
Lot Size0.21 Acres
WaterfrontNo
Year Built1956
Taxes $3,893
Tax Year2023
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


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