520 Rutland Road North, Kelowna
MLS® 10330456
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:36863)
Property Details
- Full Address:
- 520 Rutland Road North, Kelowna, British Columbia
- Price:
- $ 1,499,000
- MLS Number:
- 10330456
- List Date:
- January 6th, 2025
- Lot Size:
- 0.31 ac
- Year Built:
- 1914
- Taxes:
- $ 7,462
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:
- $ 7,462
Floors
- Finished Area:
- 1335 sq.ft.
Land
- Lot Size:
- 0.31 ac
Neighbourhood Features
- Amenities Nearby:
- Family Oriented
Ratings
Commercial Info
Location
Mortgage Calculator
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