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520 Rutland Road N
Kelowna British Columbia V1X3B4 Canada

$1,499,000

Active Listing ID 10328904
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Other

$1,499,000

Active Listing ID 10328904
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520 Rutland Road N Rare opportunity to purchase a double road front/back access, development site located on a prime central location in Rutland. The property generates rental income plus future upside as increased density multifamily development.The zoning allows a 6 stories apartment building with mixed commercial option. Huge .31 Acres (13, 504 SF) site close proximity to schools, shops, parks, transit and restaurants. The current FAR 2.30 with bonus has potential to support 20-30 units based on unit mix.The existing home comes with 4 bedrooms and 2 bathrooms with ample storage space in the basement. 10 minutes drive to Downtown, UBCO, and Airport. 40 Mins Big White Ski Resort. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Other
  • Features
  • Roof Type: Asphalt shingle, Unknown
  • Heating Systems: Forced air, See remarks
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 11/21/2024 1:35:16 AM GMT
Source Updated Date: 11/22/2024 12:59:18 AM GMT

Courtesy of: Gary Judge, , RealtyMonX