RE/MAX Kelowna
470 Gerstmar Road
Kelowna
V1X 4B1
$800,000
Single Family
beds: 3
baths: 2.0
1,607 sq. ft.
built: 1970
- Status:
- Active
- Prop. Type:
- Single Family
- MLS® Num:
- 10373230
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year Built:
- 1970
- Photos (37)
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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:2493)
- Property Type:
- Single Family
- Common Interest:
- Freehold
- Property Attached:
- No
- Total Living Area:
- 1,607 sq. ft.
- Taxes:
- $4,203.57 / -
- Community:
- Rutland South
- Exterior Features:
- Brick, Stucco
- Community Features:
- Family Oriented
- View:
- Mountain view, View (panoramic)
- Structure Type:
- House
- Utilities:
- Water, Sewer, Natural Gas, Electricity, Cable, Telephone
- Appliances Included:
- Washer, Refrigerator, Dishwasher, Range, Oven, Dryer
- Bedrooms:
- 3
- Bathrooms:
- 2.0
- Half Bathrooms:
- 0
- Roof:
- Asphalt shingle, Unknown
- Cooling:
- Central air conditioning
- Fireplace:
- No
- Floor finish:
- Laminate
- Heating:
- Forced air, Electric, See remarks
- Roof Style:
- Asphalt shingle, Unknown
- # Storeys:
- 2.0
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Basement:
- Full
- Fence Type:
- Fence
- Lot Frontage:
- 65'
- Lot Size:
- 12,197 sq. ft.
- Lot Details:
- 0.28
- Lot Features:
- Level lot, One Balcony
- Parking:
- Carport, Additional Parking
- Total Parking Spaces:
- 6
- Floor
- Type
- Size
- Other
- Main level
- Kitchen
- 13'3" × 8'7"
- -
- Main level
- Other
- 5'11" × 4'10"
- -
- Main level
- Living room
- 19'8" × 14'10"
- -
- Main level
- Dining room
- 10'8" × 7'3"
- -
- Main level
- Primary Bedroom
- 10'11" × 10'6"
- -
- Main level
- Bedroom
- 10'11" × 9'
- -
- Main level
- Foyer
- 5'6" × 4'11"
- -
- Basement
- Utility room
- 4' × 3'6"
- -
- Basement
- Laundry room
- 10'7" × 7'
- -
- Additional Accommodation
- Bedroom
- 12'3" × 9'3"
- -
- Additional Accommodation
- Living room
- 17'2" × 11'8"
- -
- Additional Accommodation
- Other
- 10'6" × 5'
- -
- Additional Accommodation
- Kitchen
- 8'11" × 8'5"
- -
- Additional Accommodation
- Dining room
- 8'10" × 6'
- -
- Additional Accommodation
- Other
- 6'1" × 2'11"
- -
- Additional Accommodation
- Other
- 10' × 3'5"
- -
- Floor
- Ensuite
- Pieces
- Other
- Main level
- No
- 3
- 4'10" x 7'5"
- Additional Accommodation
- No
- -
- 5' x 7'5"
-
Photo 1 of 37 -
Bright, open living space with modern updates and new paint. Perfect for relaxing or entertaining. Clean, move-in-ready condition throughout.
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Overlooks the backyard, ideal for families who like to keep an eye on kids outside.
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Photo 7 of 37
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Nicely updated 3-piece bath with clean finishes and bright lighting.
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Photo 9 of 37
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Main House Laundry and Storage
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Freshly painted exterior and plenty of parking space with room for multiple vehicles.
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Large, flat backyard, perfect for kids to play or pets to roam. Garden boxes ready for your veggies and summer flowers.
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Photo 18 of 37
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Fresh updates throughout, modern flooring and fixtures.
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Separate entrance for privacy and convenience.
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Living Room in Suite
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Photo 22 of 37
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Spacious Bedroom in Suite
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Photo 24 of 37
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Laundry in the Legal Suite
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Zoned MF1 with upside potential of six townhomes.
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Great holding property with rental income while you move through approvals. Lime Architecture preliminary concept ready to fast-track development.
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Photo 34 of 37
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Main Floor
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Main House Basement
-
Legal Suite
Video Tour Website
Listed by Vantage West Realty Inc.
Data was last updated January 22, 2026 at 11:15 PM (UTC)
Area Statistics
- Listings on market:
- 44
- Avg list price:
- $710,000
- Min list price:
- $209,900
- Max list price:
- $3,495,000
- Avg days on market:
- 70
- Min days on market:
- 3
- Max days on market:
- 587
- Avg price per sq.ft.:
- $407.7
These statistics are generated based on the current listing's property type
and located in
Rutland South. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Joel Kern, Personal Real Estate Corporation
- RE/MAX Kelowna
- 250.718.1786
- Info@joelkern.ca
RE/MAX Kelowna
Location
#103, 2205 Louie Drive
West Kelowna, BC, V4T 3C3