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3830 Gellatly Road S, West Kelowna
2024-05-17
Quick Summary
- Location
- 3830 Gellatly Road S, West Kelowna, British Columbia V4T2K6
- Price
- $2,580,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 2802ft2
- Bedrooms:
- 4
- Bathrooms:
- 3
- Year of Construction:
- 1999
MLS®#10314447
Property 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:32467)
Property Features
Building
- Appliances: Refrigerator, Cooktop - Electric, Range - Electric, Washer & Dryer
- Construction Style: Detached
- Exterior Finish: Stucco
- Fireplace: No
- Flooring Type: Carpeted, Vinyl
- Interior Size: 2802 sqft
- Building Type: House
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Irregular lot size, Two Balconies
Land
- Land Size: 0.85 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Laboutique Realty (Kelowna)
Listing information last updated on: 2024-06-26 21:24:44
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
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- Mobile:
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- Email:
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- Support Area:
- Areas serviced in the Central Okanagan include all sub divisions of: Kelowna, Westbank, West Kelowna, Peachland
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- Mobile:
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