3830 Gellatly Road S. West Kelowna, British Columbia V4T2K6

REDUCED

$1,990,000

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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:6289)

3830 Gellatly Road S - Subdivision Statistics

Avg. asking price $809,351
Price per sq. ft. $465
Median price $569,000
Number of homes for sale in Westbank Centre 297
Number of homes for sale in West Kelowna 689
Avg. Days on Market N/A

Essential Information

  • Listing #10369416
  • Price$1,990,000
  • Bathrooms0.00
  • Acres0.85
  • TypeVacant Land
  • Sub-TypeOther

Amenities

  • FeaturesIrregular lot size
  • ViewLake view, Mountain view

Interior

  • Interior FeaturesDrywall

Listing Details

  • Listing OfficeOakwyn Realty Okanagan

Community Information

  • Address3830 Gellatly Road S
  • SubdivisionWestbank Centre
  • CityWest Kelowna
  • ProvinceBritish Columbia
  • Postal CodeV4T2K6

Utilities

Cable, Electricity, Natural Gas, Telephone, Sewer, Water

Exterior

  • Lot DescriptionIrregular lot size
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Request a showing of 3830 Gellatly Road S, a 0 bedroom, 0.00 bathroom Other in Westbank Centre, West Kelowna. Built in and approximately 0 square feet in size, MLS #10369416 is currently listed for $1,990,000. To schedule a property tour, contact us at KelownaHomes.ca