Herron*
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
About Janet
Janet’s inspiration as a full service real estate professional is driven by “Creating Happy Clients”! She services the South Okanagan and connects buyers and sellers to help fulfill their real estate needs in a professional and friendly way. She is also an licensed insurance & financial processional so she can advise her clients on ways to protect their families, their assets and on creative opportunities to make their hard earn money work for them.
As a natural people person, she is inspired daily with her work because it changes constantly with every person she meets. “I focus on providing the best service possible in a time when service is being forgotten. This inspires me to learn more, to be better at what I do, and provide better service.”
Janet first came to the Okanagan in 2008 on a holiday with her husband, who was raised in Penticton, she immediately loved everything about Penticton: the people, the picturesque sceneries of lake, mountains and valleys, the weather, and of course the food and the wine. “This is a great community with all the necessary amenities to compliment the small town feel. I love that you can walk down the street and be greeted with a nice hello. This is truly a place to stay forever!”
I welcome you to come and explore the South Okanagan…