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$ 2,350,000
Est. payment /mo
Active
3830 Gellatly Road S West Kelowna, BC V4T2K6
2,163 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,163 sqft
Price per Sqft $1,086
Subdivision Westbank Centre
MLS® Listing ID 10346598
Lot Size 0.850 Acres
Acres 0.85
Property Sub-Type Freehold
Source Association of Interior REALTORS®
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:24570)
Location
Province BC
Zoning Multi-Family
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Cooling Central air conditioning
Exterior
Parking Features Yes
Garage Spaces 2.0
Garage Description 2
View Y/N No
Roof Type Unknown
Total Parking Spaces 2
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Laboutique Realty (Kelowna)