3830 Gellatly Road S
West Kelowna, British Columbia
MLS® 10369416
$1,790,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 10369416
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 23Listing 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!
Property summary
- MLS® number
- 10369416
- Property type
- Vacant Land
- Building type
- Other
- Title
- Freehold
- Land size
- 0.85 acres
- Annual property taxes
- $5,973.16
- Days on market
- 304 days
Features & details
- Lot features
- Irregular lot size
- View
- Lake view, Mountain view
What would this home cost you?
Based on the $1,790,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Oakwyn Realty Okanagan, Kelowna.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.