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Mathieu Bedard

mathieu.bedard@exprealty.com +1(250) 801-9700

$ 825,000

Est. payment -/mo

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470 Gerstmar Road Kelowna, BC V1X4B1

3 Beds

2 Baths

1,607 SqFt

UPDATED:

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

Acres 0.28

Property Sub-Type Freehold

Source Association of Interior REALTORS®

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

Extra Room 1 Basement 3'6'' x 4'0'' Utility room

Extra Room 2 Basement 10'7'' x 7'0'' Laundry room

Extra Room 3 Main level 4'11'' x 5'6'' Foyer

Extra Room 4 Main level 10'11'' x 9'0'' Bedroom

Extra Room 5 Main level 7'5'' x 4'10'' 3pc Bathroom

Extra Room 6 Main level 10'11'' x 10'6'' Primary 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.

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Mathieu Bedard

Agent / Team Leader | License ID: 1240875

+1(250) 801-9700

Mathieu Bedard

470 Gerstmar Road Kelowna, BC V1X4B1

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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470 Gerstmar Road