Jenvey
104 - 3477 Lakeshore Rd
Kelowna, BC
Canada V1W 3S9
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
Scott is a distinguished real estate professional specializing in the luxury market across the Okanagan Valley. With an unmatched ability to showcase exceptional properties, he employs cutting-edge marketing techniques that enhance visibility and boost appeal for every listing. A Certified Luxury Home Marketing Specialist (CLHMS™), Seniors Real Estate Specialist (SRES®), Resort and Second Home Specialist (RSPS), and Certified International Property Specialist (CIPS), Scott brings a comprehensive skill set to the table.
His unique background in municipal engineering and geographic information systems allows him to offer strategic, data-driven advice tailored to each client’s specific needs. As a key member of Sotheby’s International Realty, Scott leverages the brand’s global reach to ensure his properties receive maximum exposure and achieve optimal sales outcomes. His meticulous attention to detail, coupled with a deep understanding of the Okanagan landscape, ensures that every client’s experience is personalized and results-driven.
Whether you are a first-time homebuyer, looking to sell a cherished home, or investing in new opportunities, Scott is committed to guiding you with clear, informed, and effective strategies, ensuring a smooth and successful real estate journey.