3830 Gellatly Road S | $2,580,000
Danny Reigh Agent Photo
Danny
Reigh
C. (250) 328-2441
P. (833) 817-6506
Phone Danny https://maapgroup.com
EXP REALTY
645 Main Street
Penticton, BC
Canada V2A 5C9

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

Born and raised in the sunny Okanagan I consider myself lucky to live in the place many come to visit for their time off.  It's hard to complain about a town that's stuck between two lakes and two mountains where anywhere you go its always a great view!  Since the age of 15 till recent I have spent all of my career in the restaurant industry working on perfection of food and customer service so I plan on bringing a perfect experience of professionalism, knowledge and a bit of humor, after all this is not only a big choice but it should also be fun and not stressful!  I have excellent listening skills and will help find the perfect spot that best suits your needs as well as problem solving, I have a full list of connections for all sorts of contractors, brokers and other areas I have met along the way so any outside help needed rest assured we can find someone to help along the way.  I intend to make this next step in your life as enjoyable and stress free as possible so we can get to the fun part of relaxing in this place everyone would love to call home!