Don Rae Realtor


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  • 470 Gerstmar Road Kelowna V1X4B1

    Price : $825,000 Listing ID : 10368763
    Bedrooms Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 1607 sqft
    Built in : 1970 Total Parking Spaces : 6
    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''
    Dining room 6'0'' x 8'10''
    Full bathroom 7'5'' x 5'0''
    Kitchen 8'5'' x 8'11''
    Living room 17'2'' x 11'8''
    Other 10'6'' x 5'0''
    Other 2'11'' x 6'1''
    Other 3'5'' x 10'0''
    Basement Laundry room 10'7'' x 7'0''
    Utility room 3'6'' x 4'0''
    Main level 3pc Bathroom 7'5'' x 4'10''
    Bedroom 10'11'' x 9'0''
    Dining room 7'3'' x 10'8''
    Foyer 4'11'' x 5'6''
    Kitchen 8'7'' x 13'3''
    Living room 19'8'' x 14'10''
    Other 5'11'' x 4'10''
    Primary Bedroom 10'11'' x 10'6''
    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.