Personal Real Estate Corporation*
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
With a passion for helping people and a commitment to excellence, I strive to provide top-notch service and deliver successful outcomes as your trusted Realtor. Whether you're seeking your dream property or aiming to sell your current one, rest assured that my dedication remains unwavering.
Grounded in compassion, integrity, trust, and hard work, my core values guide every interaction and decision.
Having transitioned from a dynamic career in Toronto's financial sector to embracing the serene beauty of the Okanagan, I bring valuable insights into diverse environments and lifestyles. Recognizing the importance of time and prioritizing your needs underscore my approach.
Real estate has long captivated my interest, cultivated since my early property investments in my 20's. Beyond real estate, my passions extend to art, painting, outdoor pursuits, and cherishing moments with loved ones—including my faithful companion, Dusty, whom you might spot me walking along Lakeshore Dr.
Engagement within the community is integral to my ethos. Currently serving as Vice-President on the Board of Directors for the Penticton Art Gallery and contributing to the Children's Showcase nonprofit, I am dedicated to fostering a vibrant community while leading a balanced lifestyle.
Please don't hesitate to reach out with your real estate inquiries. I'm here to support you every step of the way.