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:4069)
Address
510-530 McCurdy Road
List Price
$4,800,000
Property Type
Single Family
Type of Dwelling
House
Style of Home
Other
Transaction Type
Sale
Area
British Columbia
Sub-Area
Kelowna
Bedrooms
5
Bathrooms
2
Floor Area
2,584 Sq. Ft.
Lot Size
0.44 Sq. Ft.
Year Built
1979
MLS® Number
10333281
Listing Brokerage
Coldwell Banker Universe Realty
Basement Area
Full
Postal Code
V1X2P5
