$1,790,000

3830 Gellatly Road S, West Kelowna

Westbank Centre, West Kelowna, BC V4T2K6

Lot / land

Listed by Oakwyn Realty Okanagan

About this property

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! (id:67417)

Property details

Price

$1,790,000

MLS® number

10369416

Property type

Lot / land · Other · Vacant Land

Ownership

Freehold

Lot size

0.85 acres · 0.85

Frontage

327 feet

Annual taxes

$5,973

Community

Westbank Centre, West Kelowna

Features

View

Lake view, Mountain view

Lot

Irregular lot size

Water

Municipal water

Sewer

Municipal sewage system

Utilities

Water, Sewer, Natural Gas, Electricity, Cable, Telephone

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