425 Leathead Road

About this home

Welcome to 425 Leathead Rd! - Must be sold with 545 Froelich Rd. -Central Location on this corner lot Land Assembly with back lane access. 2 Bedroom and 2 Bathroom Home. Measurements are approximate. Home is tenanted. Value in the land. UC4 Zoning - Total .44 Acre. Allows 6 story multifamily. 55+ units. Call Realtor for more information.

Property details

Market read

At $1,199 per sq ft of finished area, it is listed 207% above the $391 per sq ft median of the 782 detached homes that sold between $899K and $1.5M in the Central Okanagan over the last 12 months, and 182% above the $425 per sq ft median of the 532 listed in that range now.

532 active listings against 782 sales in a year is about 8 months of supply in this range, at the past year's pace. Those sales took a median 45 days and sold at a median 97.0% of their final list price.

Across Rutland North, 112 detached homes sold in the last 12 months at a median $768,500 ($360 per sq ft), in a median 41 days, at 97.2% of final list price; 83 are listed now.

On the market 23 days under this listing, at its original price.

Association of Interior REALTORS® MLS® data, as of October 25, 2026. Sales are dated by accepted offer over the last 365 days. The price range is this list price plus or minus 25 percent, for the same kind of home in the same board area. Medians appear only where at least five properties qualify. Price per square foot uses total finished area, above and below grade together, so it is a check on price, not a valuation.

Land and setting

Local government

City of Kelowna, within the Regional District of Central Okanagan

Zoning

UC4, Rutland Urban Centre, under the City of Kelowna Zoning Bylaw No. 12375

Parcel

0.22 acres

Agricultural Land Reserve

Outside the ALR

Lie of the land

Close to level overall, about 1% grade

Parcel area and local government from ParcelMap BC; zoning from the published zoning map of the City of Kelowna; ALR from the Agricultural Land Commission boundary; floodplains from the Province’s designated floodplain mapping, which is decades old and incomplete, so local governments set flood construction levels and the absence of a designation here is not a clearance. The lie of the land is measured from the Province's LidarBC 1 m bare-earth elevation model, flown in 2024, across the parcel itself; it reads the ground, not the buildings, so banks and retaining walls count as steep ground. None of this replaces a title search, a survey or confirmation with the local government, which is the authority on zoning.

Location

Neighbourhood Access