3830 Gellatly Road S West Kelowna, British Columbia V4T 2K6

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$1,790,000

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:64133)


  • Property Details

    MLS® Number 10369416
    Property Type Vacant Land
    Neigbourhood Westbank Centre
    Features Irregular Lot Size
    RoadType Gravel Road
    ViewType Lake View, Mountain View
  • Building

    Type Other
    Utility Water Municipal Water
  • Land

    Acreage No
    Current Use Development Residential
    Sewer Municipal Sewage System
    Size Frontage 327 Ft
    Size Irregular 0.85
    Size Total 0.85 Ac|under 1 Acre
    Size Total Text 0.85 Ac|under 1 Acre
  • Utilities

    Cable Available
    Electricity Available
    Natural Gas Available
    Telephone Available
    Sewer Available
    Water Available

Mark Gidden
Realtor/Founder

Lloyd Taverner
Realtor/Senior Partner

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TESTIMONIALS

Our Valued Clients

  • Ashley Harvey

    Mark and his team helped us find our forever home, and we are so grateful for his experience and expertise. Mark was so patient while our infant cried while we hunted for the perfect house. We will use Mark and his team for years to come.


  • Jen Platman

    Lloyd was the best realtor we’ve ever worked with. He understands people and takes the time to listen. He was extremely helpful and made the process stress-free and seamless. Lloyd goes above and beyond for his clients and it shows. He truly enjoys what he does, he’s honest and makes you feel at ease. Our new home is our castle and Lloyd did everything to help us get there. This guy is real gem!


  • Tom S

    Mark helped us look for, negotiate, and purchase our family home. He was diligent, extremely professional and has an unsurpassed knowledge of the Kelowna and wider Okanagan areas. His name is mentioned anytime we have a friend looking to buy or sell their home. Many thanks Mark.