3830 Gellatly Road S
West Kelowna, British Columbia V4T2K6

$2,580,000

ID# 10314447
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)
Courtesy of Laboutique Realty (Kelowna)

Listed on: May 15, 2024

On market: 115 days
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 bathroomBasement10'6'' x 7'6''
KitchenBasement10'6'' x 6'0''
BedroomBasement14'5'' x 9'3''
Living roomBasement14'5'' x 12'0''
DenBasement15'0'' x 7'0''
4pc BathroomMain level9'0'' x 5'0''
2pc Ensuite bathMain level7'5'' x 5'7''
BedroomMain level10'0'' x 9'7''
BedroomMain level9'7'' x 9'7''
Primary BedroomMain level14'7'' x 12'0''
KitchenMain level15'0'' x 9'0''
Dining roomMain level15'0'' x 9'0''
Living roomMain level17'9'' x 12'2''
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