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425 Leathead Road, Rutland
2024-02-01
Quick Summary
- Location
- 425 Leathead Road, Rutland, British Columbia V1X2J3
- Price
- $1,589,999
- Status:
- For Sale
- Property Type:
- Multi-family
- Year of Construction:
- 1937
MLS®#10303540
Property Description
OPPORTUNITY FOR DEVELOPERS to purchase 2 lot land assembly, a total of 0.44 acres a multifamily development site zoned under UC. This corner lot land assembly is located in Rutland Central, close to Hwy 97. Currently, The 2 homes are tenant occupied and generating current rent of $9,340! This 6 storey multifamily building will provide 56 homes comprising a 2.10 FAR on 45,933 Sqft. Bonus FAR available up to 2.50 FAR. Distance to UBC Okanagan is around 7 min and 8 min to Kelowna Airport. LAND ASSEMBLY: 2 LOTS: 545 Froelich Rd (10303615) and 425 Leathead Rd. (id:32467)
Property Features
Building
- Fireplace: No
- Building Type: Multi-Family
- Stories: 1
- Utility Water: Municipal water
Land
- Land Size: 0.22 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by eXp Realty
Listing information last updated on: 2024-05-28 20:51:27
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
Yes, and yes.
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