Area: British Columbia
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Positioned on a large, well-located lot in Rutland North, Kelowna, this property presents a compelling investment and redevelopment opportunity with immediate holding income and multiple future development pathways. The existing single-level rancher offers three bedrooms and two bathrooms, providing a solid, rentable residence while development plans are explored. The home features a spacious living area with a gas fireplace, a functional kitchen with ample storage and prep space, and a large, private backyard bordered by mature cedar trees. Key capital improvements have already been completed, including a new roof (2019), hot water tank (2022), and an upgraded irrigation system, reducing near-term capital expenditure for investors. DEVELOPMENT POTENTIAL: From a redevelopment perspective, the site offers strong upside potential, including the ability to subdivide into two single-family lots or pursue a townhouse development of up to eight units (four dwellings per lot), subject to City approvals. The property’s configuration and location support efficient site planning and long-term value creation. Located close to schools, transit, shopping, and amenities, this property combines current income stability with future density potential, making it an ideal opportunity for investors, developers, or land bankers seeking exposure in a growing Kelowna corridor. (id:44056)

Property Details

Full Address:
535 Hardie Road, Rutland, British Columbia
Price:
$ 1,098,888
MLS Number:
10372980
List Date:
January 19th, 2026
Lot Size:
0.26 ac
Year Built:
1980
Taxes:
$ 3,930

Interior Features

Bedrooms:
3
Bathrooms:
2
Appliances:
Refrigerator, Dishwasher, Washer & Dryer
Flooring:
Mixed Flooring
Heating:
Baseboard heaters

Building Features

Architectural Style:
Ranch
Storeys:
1
Sewer:
Municipal sewage system
Water:
Irrigation District
Roof:
Asphalt shingle, Unknown
Exterior:
Stucco, Aluminum
Garage:
Attached Garage, Additional Parking
Ownership Type:
Freehold
Taxes:
$ 3,930

Floors

Finished Area:
1318 sq.ft.

Land

Lot Size:
0.26 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Dimple Judge Realtymonx
 250-869-9964
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Listing Agent(s)

Listing: Dimple Judge
Realtymonx
Co-Listing: Gary Judge
Realtymonx

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