Property Description for 3830 Gellatly Road S
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:38686)
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Property Details
Property Tax
: N/AMLS® #
: 10314447
Home Features
Property Type
: Single FamilySquare Footage
: 2,802 SQFT
Room Details
Partial Bathroom
: 1
Interior Features
Heating
: ["Baseboard heaters", "Electric"]Basement
: []Flooring
: Carpeted, Vinyl
Exterior Features
Acreage
: 0.85Roof
: ["Asphalt shingle", "Unknown"]
Utilities
Sewer
: ["Municipal sewage system"]
Other
Parking Features
: ["Attached Garage", "See Remarks"]Fireplace Features
: []Exterior Features
: Stucco
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