3830 Gellatly Road S
West Kelowna, British Columbia V4T2K6

$2,580,000

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:3942)

ID# 10314447

Courtesy of Laboutique Realty (Kelowna)

Listed on: May 15, 2024

On market: 108 days

4 Bedroom 3 Bathroom

Baseboard heaters

Bathroom Total	3
Bedrooms Total	4
Half Bathrooms Total	1
Year Built	1999
Flooring Type	Carpeted, Vinyl
Heating Type	Baseboard heaters
Heating Fuel	Electric
Stories Total	2

Full bathroom	Basement	10'6'' x 7'6''
Kitchen	Basement	10'6'' x 6'0''
Bedroom	Basement	14'5'' x 9'3''
Living room	Basement	14'5'' x 12'0''
Den	Basement	15'0'' x 7'0''
4pc Bathroom	Main level	9'0'' x 5'0''
2pc Ensuite bath	Main level	7'5'' x 5'7''
Bedroom	Main level	10'0'' x 9'7''
Bedroom	Main level	9'7'' x 9'7''
Primary Bedroom	Main level	14'7'' x 12'0''
Kitchen	Main level	15'0'' x 9'0''
Dining room	Main level	15'0'' x 9'0''
Living room	Main level	17'9'' x 12'2''

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3830 Gellatly Road S West Kelowna, British Columbia V4T2K6

4 Bedroom 3 Bathroom

Baseboard heaters

3830 Gellatly Road S
West Kelowna, British Columbia V4T2K6