525 Leathead Road | $898,000
Ken Mcclelland Agent Photo
Ken
Mcclelland
C. (250) 371-1499
P. (250) 374-3331
Phone Ken http://www.keninkamloops.com
RE/MAX REAL ESTATE (KAMLOOPS)
258 Seymour Street
Kamloops, BC
Canada V2C 2E5

Details

%
Years (35 year max)
Years



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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About

Hi, and thanks for visiting my page. I look forward to helping you with your real estate requirements. As a 35+ year resident of the Kamloops area, and with 30+ years as a full-time professional in the real estate industry, I have a thorough and well-rounded knowledge of our area, both in the City, in the smaller surrounding communities, and in the back-country. Over the years, I have been successfully involved in many facets of the real estate industry, including both new and previously-occupied residential, recreational, commercial/investment properties, and have served on our Association's Board of Directors both as a volunteer and as President.

My personal achievements include membership in the Remax Hall of Fame, and I am a consistent 100% Club member due to my great service, full-time dedication to my profession, and word-of-mouth/referral advertising. I enjoy golf, motorcycling, fishing, and other outdoor pursuits, as well as playing in a local jazz Big Band. Thanks again, I look forward to working with you!