3830 Gellatly Road S

3830 Gellatly Road S

West Kelowna, British Columbia

$2,100,000

Property 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! (id:6770)

Overview

Price $ 2,100,000
MLS # 10369416
Lot Size 0.85 acres
Water Municipal water
Sewer Municipal sewage system
View Lake view, Mountain view
Property Type Vacant Land
Listing Office Oakwyn Realty Okanagan
Contact Us for More Information

Property Information

3830 Gellatly Road S, West Kelowna

Price: $2,100,000

Property Type: Vacant Land

Building Type: Other

MLS #: 10369416

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