Area: British Columbia
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Potential development property in a prime location! This rare gem is strategically positioned with road frontage on both Rutland Road North and Montgomery Road, offering unparalleled accessibility. The Official Community Plan (OCP) supports the potential for up to 6-story condominiums, making it an ideal prospect for developers. Within walking distance, residents can access all levels of schools, shops, parks and transit. Additionally, the property is just a short drive away from UBCO and the Kelowna International Airport. Three bedrooms on the upper level and an additional bedroom on the main floor, accompanied by two bathrooms, full basement for storage, and mountain views, the property is enhanced by a large yard. This outdoor space not only ensures privacy and serenity but also provides ample room for gardening or parking vehicles. This property is well maintained and can generate strong holding income. Property is currently tenanted. Value is in the land and not in the structure. (id:44056)

Property Details

Full Address:
520 Rutland Road N, Kelowna, British Columbia
Price:
$ 1,390,000
MLS Number:
10310222
List Date:
April 17th, 2024
Lot Size:
0.31 ac
Year Built:
1914
Taxes:
$ 3,433

Interior Features

Bedrooms:
4
Bathrooms:
2
Flooring:
Tile, Hardwood
Heating:
Forced air, See remarks

Building Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Garage:
See Remarks
Garage Spaces:
7
Ownership Type:
Freehold
Taxes:
$ 3,433

Floors

Finished Area:
1335 sq.ft.

Land

Lot Size:
0.31 ac

Neighbourhood Features

Amenities Nearby:
Family Oriented

Ratings

Commercial Info

Neighbourhood Details

Location

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Jay Atwal Sage Executive Group Real Estate - Letnick Estates
 250-317-7478
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Listing Agent

Jay Atwal
Sage Executive Group Real Estate - Letnick Estates

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