3830 GELLATLY ROAD

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$2,100,000
3830 GELLATLY ROAD
West Kelowna, British Columbia V4T2K6
MLS® Number: 10369416
Vacant LandType

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:64973)

Property Details

Lot Size0.85 (1 acres)
Property TypeVacant Land
ViewLake view, Mountain view
Annual Taxes$5,973
CityWest Kelowna
Postal CodeV4T2K6
MLS® #10369416

Location

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