• 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

$1,499,000

ID# 10330456

520 Rutland Road N
Kelowna, British Columbia V1X3B4

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:3942)
Courtesy of Realtymonx
Listed on: January 06, 2025

On market: 24 days
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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KAREN TANNOUS

Real Estate Representative

Royal LePage Kelowna

#1 1890 Cooper Road

Kelowna, BC V1Y 8B7

Office: 250-860-1100

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