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3830 Gellatly Road S, West Kelowna

MLS® #10369416
About this Property

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:62865)

Property Information

Status

Active

Property Type

Vacant Land

Ownership

Freehold

Annual Tax

$5,973

Parcel Number

023-208-449

Data Source

Association of Interior REALTORS®

Exterior & Lot

Lot Size

0.85 acres

Frontage

327.0 feet

View

Lake view, Mountain view

Lot Features

Irregular lot size
Building & Utilities

Water Source

Municipal water

Sewer

Municipal sewage system

Utilities

WaterSewerNatural GasElectricityCableTelephone

$1,990,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
Listing Courtesy of

Office

Oakwyn Realty Okanagan

Mortgage Calculator
$398,000

Loan Amount:

$1,592,000

Estimated Monthly Payment:

$7,758

This is an estimate for informational purposes only. Consult with a financial advisor.