Virk Prec*
Phone Gurj
100 - 1553 Harvey Avenue
Kelowna, BC
Canada V1Y 6G1
Details
Address | 3830 Gellatly Road S |
Area | Central Okanagan |
Sub Area | WEC - Westbank Centre |
State/Province | British Columbia |
Country | Canada |
Price | $2,580,000 |
Property Type | Single Family - Detached |
Bedrooms | 4 |
Bathrooms | 3 |
Half Baths | 1 |
Floor Space | 2802 Square Feet |
Lot Size | 0.85 Acres |
Waterfront | No |
Year Built | 1999 |
Taxes | $5,973 |
Tax Year | 2023 |
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)