$ 1.899.888

425 Leathead Road, Rutland

1 Photos

MLS®: 10303540

Added: 97 days ago

Property Details

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:1945)

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Property Information

Sewer: Municipal sewage system
Zoning: Residential
Heating: No heat
Stories: 1
Year Built: 1937
Photos Count: 1
Water Source: Municipal water
Lot Size Units: acres
Parcel Number: 012-041-173
Structure Type: Multi-Family
Common Interest: Freehold
Parking Features: Surfaced
Tax Annual Amount: 2886.29
Lot Size Dimensions: 0.22

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Nearby Places

Name	Type	Address	Distance
Rutland Centennial Park	Park	180 Rutland Rd N	0.6 km
MarketPlace IGA	Grocery or supermarket	590 Highway 33 W	0.6 km
Pearson Elementary	School	700 Pearson Rd	0.6 km
Pizza Hut	Meal takeaway	120 Dougal Rd	0.6 km
Latin Fiesta	Restaurant	400 Highway 33 West	0.6 km
The New Empress	Restaurant	590 Hwy 33 W #21	0.6 km
KFC	Restaurant	520 British Columbia 33	0.7 km
Panago Pizza	Restaurant	590 Highway 33 West #29	0.7 km
Chinese Laundry Restaurant The	Restaurant	340 Highway 33 W	0.7 km
Starbucks	Cafe	590 Highway 33 West	0.7 km
Imperial Banquet Restaurant	Restaurant	233 Rutland Rd N	0.7 km
Rutland Middle School	School	Kelowna	0.7 km

425 Leathead Road mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 425 Leathead Road. The current price of the property is $1,899,888, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,519,910. This would result in a monthly mortgage payment of $8,884 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	25
University / Below bachelor level	10
Certificate of Qualification	30
College	80
University degree at bachelor level or above	35

Neighbourhood Marital Status Stat

Married	310
Widowed	85
Divorced	75
Separated	35
Never married	230
Living common law	90
Married or living common law	400
Not married and not living common law	425

Neighbourhood Construction Date

1961 to 1980	85
1981 to 1990	30
1991 to 2000	130
2001 to 2005	70
2006 to 2010	70
1960 or before	60

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