BC > Kelowna > Rutland South
Kelowna, BC V1X4B1,470 Gerstmar Road
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Kelowna, BC V1X4B1,470 Gerstmar Road
Kelowna, BC V1X4B1,470 Gerstmar Road
Kelowna, BC V1X4B1,470 Gerstmar Road
Kelowna, BC V1X4B1,470 Gerstmar Road
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AJ Hazzi

AJ Hazzi

+1(250) 717-3133
$ 850,000
Est. payment /mo
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470 Gerstmar Road Kelowna, BC V1X4B1

3 Beds

2 Baths

1,368 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,368 sqft

Price per Sqft $621

Subdivision Rutland South

MLS® Listing ID 10363754

Bedrooms 3

Year Built 1970

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Freehold

Source Association of Interior REALTORS®

Property Description

Prime Kelowna development property zoned MF1. This offering includes an updated suited home on a 0.28-acre lot, providing rental income while you move through the city's approval process—a smart way to cover holding costs. Key updates to the home include A/C (July 2022), Furnace (October 2019), and a roof replaced in August 2020. The City of Kelowna has already expressed support for a 6-unit townhome development, and Lime Architecture, who have prepared preliminary schematics and know the site well, can be engaged to fast-track approvals. This is a true pick-it-up-and-go development site. Concept plans call for six modern townhomes, each approx. 1,980 sq.ft., designed with 3 bedrooms, double-car garages, and private yards. The product is perfectly suited for small families and first-time homebuyers, making it highly desirable in today's Kelowna market. The location is unbeatable, situated in the heart of Rutland, close to everything you need: schools, parks, shopping, and public transit. Just 10–15 minutes from Downtown Kelowna, UBC Okanagan, and Okanagan College, the site offers convenience for future homeowners and strong fundamentals for developers. Whether you're looking to build and sell or hold as a rental investment, 470 Gerstmar Road is a rare chance to secure a turnkey multi-family development property in one of Kelowna's fastest-growing areas. Call today for more info! (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 2.0

Extra Room 1 Basement 6'0'' x 3'0'' Laundry room

Extra Room 2 Basement 14'0'' x 10'0'' Kitchen

Extra Room 3 Basement 17'0'' x 11'0'' Living room

Extra Room 4 Main level 12'0'' x 7'0'' Laundry room

Extra Room 5 Main level 7'0'' x 5'0'' 4pc Bathroom

Extra Room 6 Main level 11'0'' x 9'0'' Bedroom

Interior

Heating , Forced air, See remarks

Cooling Central air conditioning

Flooring Laminate

Exterior

Parking Features Yes

Fence Fence

Community Features Family Oriented

View Y/N Yes

View Mountain view, View (panoramic)

Roof Type Unknown

Total Parking Spaces 6

Private Pool No

Building

Lot Description Landscaped, Level

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by Vantage West Realty Inc.
AJ Hazzi

AJ Hazzi

Broker | License ID: 1390206

+1(250) 717-3133

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