Shay
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
COMPASSIONATE. STRATEGIC. VERSATILE.
With over 15 years of experience in real estate brokerage management, Ember is a seasoned expert in luxury new developments and custom homes throughout the Okanagan Valley. She has been at the forefront of premium projects, from lakeside resort condominiums to bespoke homes, guiding every phase from acquisition to completion. Ember’s extensive experience, which began with a key role in a private joint venture in West Kelowna, has made her an invaluable liaison between property owners, developers, and contractors.
What sets Ember apart is her academic background in psychology and counselling, which enables her to navigate client interactions with empathy and precision. Her ability to deeply understand the needs of all parties involved in a transaction fosters trust and ensures mutually beneficial outcomes. Ember’s hands-on approach and extensive knowledge of the luxury market make her a critical asset to any real estate project, providing clients with a smooth, guided, and stress-free experience.
Whether you are a first-time homebuyer, looking to sell a cherished home, or investing in new opportunities, Ember is dedicated to guiding you with clear, informed, and effective strategies, ensuring each step of your real estate journey is expertly managed.