Wood
645 Main Street
Penticton, BC
Canada V2A 5C9
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
Mission Statement:
Behind every real estate transaction
there is always a person or family involved.
Buying or selling a home is the most
important financial transaction that a person will make in their life. Our goal, at the Wood Team, is to ensure a
smooth and efficient process in our personalized real estate service.
We
Believe that trust is obtained through honest communication and follow-through.
Vision Statement:
To be known in the real estate community
because of our excellence and integrity.
MEET THE WOOD TEAM:
Mike Wood
As a father of 1 and a stepfather of 4, over the years Mike has been a coach and assistant coach for Soccer and Lacrosse. He is very proud father and plays a variety of sports himself including Slo-Pitch, Pickleball, Water Skiing, Wake Surfing and more.
With over 25 years of real estate experience, he holds licenses from UBC Sauder School of Business in real estate, brokering, strata management, rental property management and mortgage brokering.
Mike
has belonged to many great organizations over the years including serving as a
member of the South Okanagan Real Estate Board and is familiar
with the many great area’s the South Okanagan has to offer
Tricia Radcliffe
With much time spent on a
remote island off the coast of Vancouver Island, and then living off the grid
in BC’s Rocky Mountains, this devoted partner, and mother of 3, is ready to
take on any challenge. Whether it’s homeschooling, volunteer firefighting, or
chasing bears out of the yard, each task is acted on with determination.
With a background in the service industry, Tricia
believes that positive
impact happens with a service attitude and is the number one value in how she
runs her business. Likewise, skillful
practice is paramount to maintaining excellent support, therefore, lifelong
learning and new experiences are a constant in her career. Tricia is licensed from UBC Sauder School of Business in real estate
and is a proud member of the Chamber of Commerce.
Tricia’s priorities in selling real
estate are dependent on who she is serving, because what’s right for you may
not align with someone else. Your priorities are her priorities, and you can
have faith that she will look after your best interest. Selling, buying, both
or neither, her commitment to serving you will not change, ensuring your
transaction is a positive experience.
“ We
enjoy all that our community has to offer and engage in opportunities to meet
new people and participate in local activities and events.”
Would you like to work together? Please don't hesitate to reach out to us, we look forward to hearing from you.
A Trusted Name in Real Estate