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425 Leathead Road, Rutland, British Columbia, V1X 2J3

MLS® # 10303540
Investment For Sale In Rutland, British Columbia
$1,899,888
425 Leathead Road, Rutland, BC - Other
Home Insurance - TD Insurance
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Home Insurance - TD Insurance

Get a home insurance quote online for this $1,899,888 property in Rutland

Provided by TD Insurance
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425 Leathead Road, Rutland, British Columbia, V1X 2J3
$1,899,888

Property Information:

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:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Heating Type: No heat

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1937
  • Zoning Type: Residential
  • Sewer: Municipal sewage system
  • Parking Type: Surfaced

Courtesy of: eXp Realty

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 425 Leathead Road, Rutland, British Columbia, V1X 2J3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

27 hot days expected in 2050

Projected Storm Risk: Significant

12 storms expected in 2050

Projected Heat Risk: High

27 hot days expected in 2050

49/100

High

ClimateCheck®

Current data

This property, 425 Leathead Road , experiences 7 hot days per year at around 33.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 36.9 degrees Celsius.

Projected Avg. Temperature

Past
33.1℃
2050
36.9℃

# Hot Days Per Year

Past
7
2050
27

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Significant

12 storms expected in 2050

20/100

Significant

ClimateCheck®

Current data

This property, 425 Leathead Road , experiences 11 significant 2-day storms per year, with about 144.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 157.9mm of precipitation per year.

Precipitation Per Storm

Past
144.1mm
2050
157.9mm

48-Hour Storms Per Year

Past
11
2050
12

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 425 Leathead Road, Rutland, British Columbia, V1X 2J3

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$102,860.16

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.43 %

High school certificate or equivalent

36.63 %

Apprenticeship trade certificate/diploma

13.73 %

College/non-university certificate

18.3 %

University certificate (below bachelor)

0.18 %

University Degree

12.72 %

Commuter

Travel To Work

By Car

83.47 %

By Public Transit

7.5 %

By Walking

3.85 %

By Bicycle

2.11 %

By Other Methods

3.07 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

26.02 %

Houses

73.98 %

Own Vs. Rent

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