470 Gerstmar Road Active Save Request In-Person Tour Request Virtual Tour
Kelowna,BC V1X4B1
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,607 sqft
Price per Sqft $513
Subdivision Rutland South
MLS Listing ID 10368763
Bedrooms 3
Year Built 1970
Lot Size 0.280 Acres
Property Sub-Type Freehold
Property Description
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:24570)
Location
Province BC
Rooms
Kitchen 2.0
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
Building
Lot Description Landscaped,Level
Story 2
Sewer Municipal sewage system
Others
Virtual Tour https://unbranded.youriguide.com/470_gerstmar_rd_kelowna_bc/