525 Leathead Road | $898,000
Danny Reigh Agent Photo
Danny
Reigh
C. (250) 328-2441
P. (833) 817-6506
Phone Danny https://maapgroup.com
EXP REALTY
645 Main Street
Penticton, BC
Canada V2A 5C9

Details

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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


Location

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About

Born and raised in the sunny Okanagan I consider myself lucky to live in the place many come to visit for their time off.  It's hard to complain about a town that's stuck between two lakes and two mountains where anywhere you go its always a great view!  Since the age of 15 till recent I have spent all of my career in the restaurant industry working on perfection of food and customer service so I plan on bringing a perfect experience of professionalism, knowledge and a bit of humor, after all this is not only a big choice but it should also be fun and not stressful!  I have excellent listening skills and will help find the perfect spot that best suits your needs as well as problem solving, I have a full list of connections for all sorts of contractors, brokers and other areas I have met along the way so any outside help needed rest assured we can find someone to help along the way.  I intend to make this next step in your life as enjoyable and stress free as possible so we can get to the fun part of relaxing in this place everyone would love to call home!