3830 Gellatly Road S - MLS® # 10369413

Property Details

List Price:
$2,100,000
Living Area:
2,163 sqft.
Bedrooms:
4
Bathrooms:
2 full, 1 half
Lot Size Area:
0.85 ac|under 1 acre
Taxes:
N/A
Type:
House
Style:
Contemporary
Basement:
Year Built:
1999

Description

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:2469)

Features

Irregular lot size, Two Balconies

Listing Provided By

Oakwyn Realty Okanagan

Neighborhood Info

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 Real Estate Listing provided by
  • Manuella Farnsworth
  • 250.317.4008
  • 250.317.4008
  • 1 888 661 4434
  • 250 860 1600
  • manuellafarnsworth@gmail.com
  • Oakwyn Realty
  • 473 Bernard Ave
  • Kelowna, BC
  • V1Y 6N8