3830 Gellatly Road S | $2,580,000
Mike Stohler*  Agent Photo
Mike
Stohler*
C. (250) 486-4350
P. (250) 494-8881
Phone Mike http://www.mikestohler.com
RE/MAX ORCHARD COUNTRY
10114 Main Street
Summerland, BC
Canada V0H 1Z0

Details

%
Years (35 year max)
Years



Address 3830 Gellatly Road S
AreaCentral Okanagan
Sub AreaWEC - Westbank Centre
State/ProvinceBritish Columbia
CountryCanada
Price$2,580,000
Property TypeSingle Family - Detached
Bedrooms4
Bathrooms3
Half Baths1
Floor Space2802 Square Feet
Lot Size0.85 Acres
WaterfrontNo
Year Built1999
Taxes $5,973
Tax Year2023
MLS® #10314447

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!


Listed by LABOUTIQUE REALTY (KELOWNA)


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About

Whether you are buying or selling a home, thanks for visiting and considering me for your next real estate transaction. I invite you to use my website as a service to search all of my listings and find the information you need to make a solid decision as you buy or sell a home.

If there is anyway that I can be of assistance, I welcome the opportunity to work with you personally!

Cordially, Mike Stohler