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525 Leathead Road
Kelowna British Columbia V1X2J5 Canada

$898,000

Active Listing ID 10326953
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7 bed
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2,695 square feet
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3.00 Bath
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Single Family

$898,000

Active Listing ID 10326953
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525 Leathead Road 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. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Composite Siding
  • Floor Covering: Laminate, Carpeted, Ceramic Tile, Mixed Flooring
  • Roof Type: Asphalt shingle, Unknown
  • Heating Systems: In Floor Heating, See remarks, Hot Water
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 10/30/2024 8:31:10 PM GMT
Source Updated Date: 11/27/2024 12:08:05 AM GMT

Courtesy of: Angela Kabakov, , Rennie & Associates Realty Ltd.