3830 Gellatly Road S West Kelowna, British Columbia V4T 2K6

2,163 ft2
Central Air Conditioning Baseboard Heaters

$2,350,000

Attention Investors! Here's a golden opportunity—a 0.85-acre property with Development Permits for 20 lake-view townhouses, along with valuable city DCC credits earmarked for road frontage enhancements. Everything is set for a savvy investor to step in and capitalize. Not keen on townhouses? No worries! The Official Community Plan (OCP) designates this land as MDR, Medium Density Residential. Furthermore, the $3,500 monthly rent from this well-maintained house can offset mortgage expenses. The location couldn't be better. Within a 5-minute drive, you'll find yourself at the beach or the shopping center. And in just 10 minutes, you can be indulging in the wines of the Okanagan. Situated adjacent to the new and burgeoning community Shorerise, this spot is becoming one of the most sought-after in West Kelowna. Don't delay—seize this promising opportunity today! (id:60329)

Property Details

MLS® Number 10346598
Property Type Other
Neigbourhood Westbank Centre
Amenities Near By Shopping
Parking Space Total 2

Building

Cooling Type Central Air Conditioning
Exterior Finish Stucco
Heating Fuel Electric
Heating Type Baseboard Heaters
Roof Material Asphalt Shingle
Roof Style Unknown
Size Interior 2,163 Ft2
Type Other
Utility Water Municipal Water

Parking

Attached Garage 2

Land

Access Type Easy Access
Acreage No
Land Amenities Shopping
Sewer Municipal Sewage System
Size Irregular 0.85
Size Total 0.85 Ac|under 1 Acre
Size Total Text 0.85 Ac|under 1 Acre
Zoning Type Multi-family

https://www.realtor.ca/real-estate/28288832/3830-gellatly-road-s-west-kelowna-westbank-centre

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