3830 Gellatly Road S | $2,580,000
Colin Fraser Agent Photo
Colin
Fraser
C. (250) 592-1065
 P. (833) 817-6506
 Phone Colin colinfraser.exprealty.com
EXP REALTY (KELOWNA)
1631 Dickson Ave, Suite 1100
 Kelowna, BC
 Canada V1Y 0B5

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

About Colin Fraser

As a Licensed Real Estate Professional, Colin has enjoyed many successes along side his clients.  His goal is simple, 'I want to help Buyers and Sellers navigate the real estate market by providing sound practical advice.  I also strive to match my clients with the right properties, while providing exceptional service and professionalism.'  With extensive experience in sales and exceptional customer service, Colin is fully committed to providing his clients with the best experience in all aspects of real estate.  

Colin also has a great deal of experience with respect to building and renovating.  If you have any questions about residential renovations or construction, he is always happy to share his knowledge and provide sound advice.  

Contact Colin today for a free market evaluation or request viewings of any listings that interest you.  Don't hesitate to email or call with any questions:  colin.fraser@exprealty.com  250-592-1065