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510-530 McCurdy Road, Kelowna

Property Description

Development Potential Opportunity in Central Rutland! Unlock the potential of this unique property package 510 & 530 McCurdy Road offering both immediate income and significant development upside. Situated on a generous .84 acre lot, this offering includes a single-family home and a fully occupied legal 4-plex, currently generating almost $15,500 per month in rental income. Seize a terrific opportunity to own and potentially rezone this .84 acre site for multi-family development. With the new OCP 2040 Hinting at support for rezoning, the potential proposed zoning of MF3 could allow for the construction of a 4-storey multi-family complex(townhomes or apartments). Located in the heart of Central Rutland, the property is within walking distance of amenities, steps away from transportation and minutes from restaurants, grocery stores, and UBC Okanagan, near Kelowna Airport. The selling realtor has an interest in trade. All measurements have been taken from the BC Assessment. (id:43014)

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Full Address:
510-530 McCurdy Road, Kelowna, British Columbia
Price:
$ 4,800,000
MLS Number:
10333281
List Date:
January 28th, 2025
Neighbourhood:
Rutland North
Lot Size:
0.44 ac
Year Built:
1979
Taxes:
$ 4,824

Property Details

Bedrooms:
5
Bathrooms:
2
Appliances:
Washer, Refrigerator, Dishwasher, Oven, Washer & Dryer
Flooring:
Carpeted
Heating:
Forced air, See remarks
Basement:
Full

Interior Features

Architectural Style:
Other
Storeys:
2
Water:
Community Water User's Utility
Roof:
Asphalt shingle, Unknown
Exterior:
Other
Ownership Type:
Freehold
Taxes:
$ 4,824

Building Features

Finished Area:
2584 sq.ft.

Floors

Lot Size:
0.44 ac

Land

Neighbourhood Features

Ratings

Commercial Info

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Agent: Sheetu KindhraOffice: Coldwell Banker Universe Realty

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Development Potential Opportunity in Central Rutland! Unlock the potential of this unique property package 510 & 530 McCurdy Road offering both immediate income and significant development upside. Situated on a generous .84 acre lot, this offering includes a single-family home and a fully occupied legal 4-plex, currently generating almost $15,500 per month in rental income. […]
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510-530 McCurdy Road, Kelowna

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