Butler
P.o. Box 434
Salmon Arm, BC
Canada V1E 4N6
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
I received my real estate license through the University of British Columbia's Sauder School of Business. I've been a sales and marketing professional for over 25 years and have worked across all Canadian provinces and several states in the USA. As a serial entrepreneur, I helped launch three advertising agencies across Canada, relocating twice to Quebec and once to the United States. I also held the role of Vice President of Marketing for North America at ONNI Real Estate Development prior to pursuing my own career in real estate. I serve the entire region of Shuswap Lake (north and south) including Seymour Arm, and expand my real estate services to the communities of Adams Lake, Chase, Monte Creek, Pinantan Lake, Pritchard and Kamloops.
On a personal note, I love spending as much time as possible with my husband, our son, and our two adopted dogs. You'll mostly catch us enjoying the great outdoors together either hiking, biking, skiing, snowshoeing or boating around Shuswap Lake. I look forward to helping you realize your own real estate dreams in and around the Shuswap. Whether you're looking to buy a new home in the Shuswap or sell your current property, I'd love to help!
Sincerely,
Alycia Butler