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470 Gerstmar Road
Rutland South Kelowna V1X 4B1

$825,000
Single Family beds: 3 baths: 2.0 1,607 sq. ft. built: 1970

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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Status:
Active
Prop. Type:
Single Family
MLS® Num:
10368763
Bedrooms:
3
Bathrooms:
2
Year Built:
1970
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
Foyer
5'6" × 4'11"
-
Main level
Bedroom
10'11" × 9'
-
Main level
Primary Bedroom
10'11" × 10'6"
-
Main level
Dining room
10'8" × 7'3"
-
Main level
Living room
19'8" × 14'10"
-
Main level
Other
5'11" × 4'10"
-
Main level
Kitchen
13'3" × 8'7"
-
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
Other
10' × 3'5"
-
Additional Accommodation
Other
6'1" × 2'11"
-
Additional Accommodation
Dining room
8'10" × 6'
-
Additional Accommodation
Kitchen
8'11" × 8'5"
-
Floor
Ensuite
Pieces
Other
Main level
No
3
4'10" x 7'5"
Additional Accommodation
No
-
5' x 7'5"
  • Photo 1: 470 Gerstmar Road, Kelowna
    Bright, open living space with modern updates and new paint. Perfect for relaxing or entertaining. Clean, move-in-ready condition throughout.
  • Photo 2: 470 Gerstmar Road, Kelowna
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    Overlooks the backyard, ideal for families who like to keep an eye on kids outside.
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    Nicely updated 3-piece bath with clean finishes and bright lighting.
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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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    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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    Spacious Bedroom in Suite
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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 35: 470 Gerstmar Road, Kelowna
    Main Floor
  • Photo 36: 470 Gerstmar Road, Kelowna
    Main House Basement
  • Photo 37: 470 Gerstmar Road, Kelowna
    Legal Suite

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Listed by Vantage West Realty Inc.
Data was last updated November 15, 2025 at 03:45 AM (UTC)
Area Statistics
Listings on market:
83
Avg list price:
$699,000
Min list price:
$199,000
Max list price:
$3,495,000
Avg days on market:
67
Min days on market:
1
Max days on market:
518
Avg price per sq.ft.:
$761.44
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.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.