• 520 Rutland Road N Kelowna
  • 520 Rutland Road N Kelowna
  • 520 Rutland Road N Kelowna
  • 520 Rutland Road N Kelowna
  • 520 Rutland Road N Kelowna

$1,390,000

ID# 10310222

520 Rutland Road N
Kelowna, British Columbia V1X3B4

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:3942)
Courtesy of Sage Executive Group Real Estate - Letnick Estates

Listed on: April 17, 2024

On market: 14 days

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Bathroom Total 2
Bedrooms Total 4
Half Bathrooms Total 0
Year Built 1914
Flooring Type Hardwood, Tile
Heating Type Forced air, See remarks
Stories Total 2
BedroomSecond level8'9'' x 13'2''
BedroomSecond level11'0'' x 12'10''
3pc Ensuite bathSecond level5'3'' x 5'7''
Primary BedroomSecond level12'0'' x 14'2''
FoyerMain level11'2'' x 8'2''
SunroomMain level11'6'' x 6'9''
BedroomMain level11'7'' x 9'6''
Laundry roomMain level7'7'' x 5'8''
PantryMain level3'7'' x 7'8''
4pc BathroomMain level10'0'' x 5'2''
Living roomMain level11'5'' x 13'5''
Dining roomMain level15'3'' x 13'5''
KitchenMain level10'2'' x 11'6''

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Jody Miller

Personal Real Estate Corporation

Royal LePage Kelowna

Independently Owned & Operated

250.860.1100

1-1890 Cooper Road,

Kelowna, BC, V1Y 8B7

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