$ 1.390.000

520 Rutland Road N, Kelowna

5 Photos

Bedroom - 520 Rutland Road N, Kelowna, BC V1X3B4 Photo 2

3pc Ensuite bath - 520 Rutland Road N, Kelowna, BC V1X3B4 Photo 3

Primary Bedroom - 520 Rutland Road N, Kelowna, BC V1X3B4 Photo 4

Foyer - 520 Rutland Road N, Kelowna, BC V1X3B4 Photo 5

Bedrooms: 4
Bathrooms: 2
Living area: 1335 square feet

MLS®: 10310222
Type: Residential
Added: 8 days ago

Property Details

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:1945)

Best Mortgage Rates

Property Information

Roof: Asphalt shingle, Unknown
Sewer: Municipal sewage system
Zoning: Unknown
Heating: Forced air, See remarks
Stories: 2
Flooring: Tile, Hardwood
Year Built: 1914
Living Area: 1335
Lot Features: Level lot, One Balcony
Photos Count: 5
Water Source: Municipal water
Lot Size Units: acres
Parcel Number: 009-625-801
Parking Total: 7
Bedrooms Total: 4
Structure Type: House
Common Interest: Freehold
Parking Features: See Remarks
Street Dir Suffix: North
Tax Annual Amount: 3433.13
Community Features: Family Oriented
Lot Size Dimensions: 0.31

Room Dimensions

Type	Level	Dimensions
Bedroom	Second level	13'2'' x 8'9''
Bedroom	Second level	12'10'' x 11'0''
3pc Ensuite bath	Second level	5'7'' x 5'3''
Primary Bedroom	Second level	14'2'' x 12'0''
Foyer	Main level	8'2'' x 11'2''
Sunroom	Main level	6'9'' x 11'6''
Bedroom	Main level	9'6'' x 11'7''
Laundry room	Main level	5'8'' x 7'7''
Pantry	Main level	7'8'' x 3'7''
4pc Bathroom	Main level	5'2'' x 10'0''
Living room	Main level	13'5'' x 11'5''
Dining room	Main level	13'5'' x 15'3''
Kitchen	Main level	11'6'' x 10'2''

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Nearby Places

Name	Type	Address	Distance
Rutland Senior Secondary School	It is a comprehensive high school offering a wide ...		0.3 km
Rutland Senior Secondary	School	705 Rutland Rd N	0.3 km
Rutland Middle School	School	Kelowna	0.4 km
Rutland Centennial Park	Park	180 Rutland Rd N	0.4 km
Imperial Banquet Restaurant	Restaurant	233 Rutland Rd N	0.5 km
Burger Baron	Restaurant	140 Rutland Rd N	0.6 km
Rutland, British Columbia	It is a member of the Osoyoos Division Yale Land D...		0.6 km
Post Haus Pub	Bar	230 Highway 33 East	0.6 km
Taki Japanese Grill	Restaurant	115 Roxby Rd #103	0.7 km
Olympia Greek Taverna Pizza Delivery	Restaurant	145 British Columbia 33	0.7 km
Cedars Family Restaurant	Restaurant	130 Rutland Rd S	0.7 km
Subway	Store	137 British Columbia 33	0.7 km

Similar Houses Stat in Kelowna

We have found 6 Houses that closely match the specifications of the property located at 520 Rutland Road N with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,275,000 and 1,799,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V1X3B4 postal code area of Kelowna British Columbia Canada.

520 Rutland Road N mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 520 Rutland Road N. The current price of the property is $1,390,000, 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 $1,112,000. This would result in a monthly mortgage payment of $6,500 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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