Area: British Columbia
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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:44056)

Property Details

Full Address:
3830 Gellatly Road S, West Kelowna, British Columbia
Price:
$ 2,350,000
MLS Number:
10346635
List Date:
May 6th, 2025
Lot Size:
0.85 ac
Year Built:
1999

Interior Features

Bedrooms:
4
Bathrooms:
3
Appliances:
Refrigerator, Range - Electric, Dishwasher, Hood Fan, Washer & Dryer
Flooring:
Carpeted, Vinyl
Air Conditioning:
Central air conditioning
Heating:
Baseboard heaters, Electric

Building Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Multi-Family
Exterior:
Stucco
Garage:
Attached Garage, Additional Parking
Garage Spaces:
2
Pool:
Above ground pool
Ownership Type:
Freehold

Floors

Finished Area:
2182 sq.ft.

Land

View:
Lake view, Mountain view
Lot Size:
0.85 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Ivy Li Laboutique Realty (Kelowna)
 250-321-1111
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Listing Agent(s)

Listing: Ivy Li
Laboutique Realty (Kelowna)
Co-Listing: Robin Pan
Oakwyn Realty Okanagan

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