Positioned on a large, well-located lot in Rutland North, Kelowna, this property presents a compelling investment and redevelopment opportunity with immediate holding income and multiple future development pathways. The existing single-level rancher offers three bedrooms and two bathrooms, providing a solid, rentable residence while development plans are explored. The home features a spacious living area with a gas fireplace, a functional kitchen with ample storage and prep space, and a large, private backyard bordered by mature cedar trees. Key capital improvements have already been completed, including a new roof (2019), hot water tank (2022), and an upgraded irrigation system, reducing near-term capital expenditure for investors. DEVELOPMENT POTENTIAL: From a redevelopment perspective, the site offers strong upside potential, including the ability to subdivide into two single-family lots or pursue a townhouse development of up to eight units (four dwellings per lot), subject to City approvals. The property’s configuration and location support efficient site planning and long-term value creation. Located close to schools, transit, shopping, and amenities, this property combines current income stability with future density potential, making it an ideal opportunity for investors, developers, or land bankers seeking exposure in a growing Kelowna corridor. (id:44393)
| MLS® Number | 10372980 |
| Property Type | Single Family |
| Neigbourhood | Rutland North |
| Bathroom Total | 2 |
| Bedrooms Total | 3 |
| Appliances | Refrigerator, Dishwasher, Washer & Dryer |
| Architectural Style | Ranch |
| Constructed Date | 1980 |
| Construction Style Attachment | Detached |
| Exterior Finish | Aluminum, Stucco |
| Flooring Type | Mixed Flooring |
| Half Bath Total | 1 |
| Heating Type | Baseboard Heaters |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 1 |
| Size Interior | 1,318 Ft2 |
| Type | House |
| Utility Water | Irrigation District |
| Additional Parking | |
| Attached Garage | 0 |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.26 |
| Size Total | 0.26 Ac|under 1 Acre |
| Size Total Text | 0.26 Ac|under 1 Acre |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Laundry Room | 6' x 12' | ||
| Main Level | 2pc Ensuite Bath | Measurements not available | ||
| Main Level | 3pc Bathroom | Measurements not available | ||
| Main Level | Living Room | 20' x 14' | ||
| Main Level | Dining Room | 12' x 11'1'' | ||
| Main Level | Kitchen | 11' x 10'9'' | ||
| Main Level | Primary Bedroom | 11'11'' x 9'5'' | ||
| Main Level | Bedroom | 9'5'' x 9'5'' | ||
| Main Level | Bedroom | 10'7'' x 9'8'' |
https://www.realtor.ca/real-estate/29264171/535-hardie-road-rutland-rutland-north
Contact us for more information
Dimple Judge
(778) 484-4022
Gary Judge
(778) 484-4022
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