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| 470 Gerstmar Road Kelowna V1X4B1 |
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| Price : $825,000 |
Listing ID : 10368763
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3
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2
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| Property Type : Single Family |
Building Type : House |
| Title : Freehold |
Finished Area : 1607 sqft |
| Built in : 1970 |
Total Parking Spaces : 6 |
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470 Gerstmar Road — Updated Home with Legal Suite & Development Potential This property offers the best of both worlds: a move-in ready 1,607 sq.ft. home with income potential and future development value. The main level features a 2-bedroom, 1-bath layout with modern updates throughout, while the legal 1-bedroom, 1-bath suite below provides excellent mortgage help or rental income. The home has been tastefully updated inside and out, including fresh exterior paint, renovated living spaces, and newer suite finishes. Major systems have been upgraded as well with A/C (2022), Furnace (2019), and Roof (2020). Set on a 0.28-acre lot zoned MF1. The City of Kelowna has expressed support for a 6-unit townhome development, with preliminary designs prepared by Lime Architecture, who know the site well and can help fast-track approvals. The concept envisions six modern townhomes of roughly 1,980 sq.ft. each, designed with 3 bedrooms, double-car garages, and private yards, the ideal product for families and first-time buyers in today’s market. Located in the heart of Rutland, close to schools, parks, shopping, and public transit, and just 10–15 minutes from Downtown Kelowna, UBCO, and Okanagan College, this property checks every box. Whether you’re looking to build and sell, rent and hold, or simply enjoy a turnkey home with strong upside. Call today for more details or to schedule a viewing. (id:56537)
Call (250)-864-7337 for showing information. |
| Details |
| Amenities Nearby : Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping, Ski area |
Access : Easy access |
Appliances Inc : Range, Refrigerator, Dishwasher, Dryer, Oven, Washer |
| Community Features : Family Oriented |
Features : Level lot, One Balcony |
Structures : - |
| Total Parking Spaces : 6 |
View : Mountain view, View (panoramic) |
Waterfront : - |
| Zoning Type : - |
| Building |
| Architecture Style : - |
Bathrooms (Partial) : 0 |
Cooling : Central air conditioning |
| Fire Protection : - |
Fireplace Fuel : - |
Fireplace Type : - |
| Floor Space : - |
Flooring : Laminate |
Foundation Type : - |
| Heating Fuel : Electric |
Heating Type : Forced air, See remarks |
Roof Style : Unknown |
| Roofing Material : Asphalt shingle |
Sewer : Municipal sewage system |
Utility Water : Municipal water |
| Basement |
| Type : Full |
Development : - |
Features : - |
| Land |
| Landscape Features : Landscaped, Level |
| Rooms |
| Level : |
Type : |
Dimensions : |
| Additional Accommodation |
Bedroom |
12'3'' x 9'3'' |
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Dining room |
6'0'' x 8'10'' |
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Full bathroom |
7'5'' x 5'0'' |
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Kitchen |
8'5'' x 8'11'' |
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Living room |
17'2'' x 11'8'' |
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Other |
10'6'' x 5'0'' |
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Other |
2'11'' x 6'1'' |
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Other |
3'5'' x 10'0'' |
| Basement |
Laundry room |
10'7'' x 7'0'' |
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Utility room |
3'6'' x 4'0'' |
| Main level |
3pc Bathroom |
7'5'' x 4'10'' |
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Bedroom |
10'11'' x 9'0'' |
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Dining room |
7'3'' x 10'8'' |
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Foyer |
4'11'' x 5'6'' |
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Kitchen |
8'7'' x 13'3'' |
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Living room |
19'8'' x 14'10'' |
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Other |
5'11'' x 4'10'' |
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Primary Bedroom |
10'11'' x 10'6'' |
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Data from sources believed reliable but should not be relied upon without verification. All measurements are
approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association.
REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate
Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently
under contract.
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