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

MLS® # 10369416

Vacant Land For Sale In Goats Peak / Gellatly, West Kelowna, British Columbia

$1,990,000

None Beds

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

$1,990,000

Property Information:

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:27)

Building Features:

Building Type: Other

Property Features:

OwnershipType: Freehold
Property Type: Vacant Land
Current Use: Development residential
Features: Irregular lot size
Irregular: Yes
Lot Frontage: 327 Feet
Lot Size: 0.85 Acres
Road Type: Gravel road
Utility Type: Hydro - Available, Water - Available, Cable - Available, Telephone - Available, Natural Gas - Available, Sewer - Available
View Type: Lake view, Mountain view
Sewer: Municipal sewage system