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3830 Gellatly Road S West Kelowna, British Columbia V4T 2K6

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Ivy Li

(250) 321-1111

Oakwyn Realty Okanagan
473 Bernard Avenue
Kelowna, British Columbia V1Y 6N8

(250) 861-5122
(250) 861-5722
www.realestatesage.ca/

Robin Pan

(250) 487-0816

Oakwyn Realty Okanagan
473 Bernard Avenue
Kelowna, British Columbia V1Y 6N8

(250) 861-5122
(250) 861-5722
www.realestatesage.ca/

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$2,100,000

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:26472)

Property Details

MLS® Number 10369416
Property Type Vacant Land
Neigbourhood Westbank Centre
Features Irregular Lot Size
Road Type Gravel Road
View Type Lake View, Mountain View

Building

Type Other
Utility Water Municipal Water

Land

Acreage No
Current Use Development Residential
Sewer Municipal Sewage System
Size Frontage 327 Ft
Size Irregular 0.85
Size Total 0.85 Ac|under 1 Acre
Size Total Text 0.85 Ac|under 1 Acre

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available
Sewer Available
Water Available

https://www.realtor.ca/real-estate/29111259/3830-gellatly-road-s-west-kelowna-westbank-centre