3830 Gellatly Road S Active

West Kelowna,BC V4T2K6

$ 2350000

- Bed

0 Bath

2163 SqFt


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

Property Sub-Type Freehold

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

Building

Sewer Municipal sewage system

View More
Favorite Go Tour