470 Gerstmar Road

1,607 sqft

3
Beds

2
Baths

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:45055)

• Property Details

  MLS® Number	10373230
  Property Type	Single Family
  Neigbourhood	Rutland South
  AmenitiesNearBy	Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping, Ski Area
  CommunityFeatures	Family Oriented
  Features	Level Lot, One Balcony
  ParkingSpaceTotal	6
  ViewType	Mountain View, View (panoramic)

• Building

  BathroomTotal	2
  BedroomsTotal	3
  Appliances	Range, Refrigerator, Dishwasher, Dryer, Oven, Washer
  BasementType	Full
  ConstructedDate	1970
  ConstructionStyleAttachment	Detached
  CoolingType	Central Air Conditioning
  ExteriorFinish	Brick, Stucco
  FlooringType	Laminate
  HeatingFuel	Electric
  HeatingType	Forced Air, See Remarks
  RoofMaterial	Asphalt Shingle
  RoofStyle	Unknown
  StoriesTotal	2
  SizeInterior	1,607 Sqft
  Type	House
  UtilityWater	Municipal Water

  Additional Parking
  Carport

• Land

  AccessType	Easy Access
  Acreage	No
  FenceType	Fence
  LandAmenities	Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping, Ski Area
  LandscapeFeatures	Landscaped, Level
  Sewer	Municipal Sewage System
  SizeFrontage	65 Ft
  SizeIrregular	0.28
  SizeTotal	0.28 Ac|under 1 Acre
  SizeTotalText	0.28 Ac|under 1 Acre

• Rooms

  Level	Type	Length	Width	Dimensions
  Basement	Utility Room			3'6'' x 4'0''
  Basement	Laundry Room			10'7'' x 7'0''
  Main Level	Kitchen			8'7'' x 13'3''
  Main Level	Other			5'11'' x 4'10''
  Main Level	Living Room			19'8'' x 14'10''
  Main Level	Dining Room			7'3'' x 10'8''
  Main Level	Primary Bedroom			10'11'' x 10'6''
  Main Level	3pc Bathroom			7'5'' x 4'10''
  Main Level	Bedroom			10'11'' x 9'0''
  Main Level	Foyer			4'11'' x 5'6''
  Additional Accommodation	Bedroom			12'3'' x 9'3''
  Additional Accommodation	Living Room			17'2'' x 11'8''
  Additional Accommodation	Other			10'6'' x 5'0''
  Additional Accommodation	Full Bathroom			7'5'' x 5'0''
  Additional Accommodation	Kitchen			8'5'' x 8'11''
  Additional Accommodation	Dining Room			6'0'' x 8'10''
  Additional Accommodation	Other			2'11'' x 6'1''
  Additional Accommodation	Other			3'5'' x 10'0''

• Utilities

  Cable	Available
  Electricity	Available
  Natural Gas	Available
  Telephone	Available
  Sewer	Available
  Water	Available