crea/IMG-10330456-27770885_1.jpg
103 days on Market

520 RUTLAND ROAD NORTH, Kelowna, British Columbia V1X3B4

Detached
4
2
~1335 sqft
$1,499,000
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Detached
4
2
~1335 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,122/sqft

Est. Mortgage$6,438/mo

Tax Amount ()$7,462/yr

Days On Market103 days


Description

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:39198)


Property Details

StyleHouse
View-
Age of property1914
SqFt~1335 SqFt
Lot Size-
Parking Spaces7
MLS ®Number10330456
Community NameKelowna
Data SourceCREA
Listing byRealtymonx

Features

Heating: Forced air, See remarks

Second level Floor

Bedroom

13'2'' x 8'9''

Bedroom

12'10'' x 11'0''

3pc Ensuite bath

5'7'' x 5'3''

Primary Bedroom

14'2'' x 12'0''


Parking

Garage spaces -

Garage type -

Total parking spaces 7


Property History

Jan 6, 2025
ListedActive
$1,499,000
103 days on market
history photo preview5
Listing by crea®
Property listed by Realtymonx, Brokerage
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Population and Demographics

Overview

Total population 142722
Average household income $120,610

Age (%)

65 and plus
22%
20 to 34
22%
50 to 64
20%
35 to 49
19%
0 to 19
18%

Household composition (%)

Single family
59%
Single person
33%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
88%
Others
5%
Punjabi (Panjabi)
2%
German
2%
French
2%

House tenancy (%)

Owners
65%
Renters
35%

Schools and amenities

Estimated Budget

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