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3830 Gellatly Road S

Westbank Centre, West Kelowna, BC, V4T2K6

Listed by Oakwyn Realty Okanagan

$1,790,000

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Listed 338 days ago · MLS® 10369416

About this home

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:66966)

Details

Type
Vacant Land
Property tax
$5,973
Neighbourhood
Westbank Centre
Municipality
West Kelowna

Interior

Fireplace
No

Heating, cooling and services

Water and sewer
Municipal sewage system

Location

Location is approximate. See nearby homes on the map

Listed by Oakwyn Realty Okanagan.

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