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453 Morrison Avenue Kelowna, British Columbia V1Y 5E1

6350 sqft
Central Air Conditioning Forced Air, See Remarks Level

$2,290,000

Situated on a large .2-acre lot, this property is currently zoned MF1B with C-NHD future zoning, opening doors to lucrative development opportunities and ensuring value appreciation over time. With potential for various business opportunities such as boarding or lodging houses, group homes, childcare, home-based businesses, care homes, senior centers, and more, the possibilities are endless. This cash flow rental property boasts an enviable location just steps away from the beach & Kelowna General Hospital. Featuring an impressive layout of 12 bedrooms & 14 bathrooms spread over 6,350 sq ft of living space, this property offers endless investment possibilities. Fully rented and Fully property managed, there are shared kitchen, laundry room, lobby, dining room, entertainment space, outdoor BBQ, manager's suite (with kitchen) etc. This investment guarantees an immediate stream of income, fueling your financial aspirations from day one. And let's not forget about the unbeatable location – nestled within Pandosy Village, you'll be surrounded by commercial retails, restaurants, parks, and the tranquil beach just a block away. This investment isn't just about immediate returns; it's about securing your future in one of Kelowna's most sought-after areas. Don't miss out on this rare opportunity to invest in both cash flow and future development potential in Kelowna's premier neighborhood. (id:36541)

Property Details

MLS® Number 10310429
Property Type Other
Neigbourhood Kelowna South
Community Name Rose Cottage
Amenities Near By Public Transit, Park, Recreation, Schools, Shopping
Community Features Family Oriented
Features Level Lot, Private Setting, Wheelchair Access
Parking Space Total 10

Building

Constructed Date 1996
Cooling Type Central Air Conditioning
Exterior Finish Stucco
Fire Protection Security System, Smoke Detector Only
Heating Type Forced Air, See Remarks
Roof Material Asphalt Shingle
Roof Style Unknown
Size Interior 6350 Sqft
Type Other
Utility Water Municipal Water

Parking

Attached Garage 2

Land

Access Type Easy Access
Acreage No
Land Amenities Public Transit, Park, Recreation, Schools, Shopping
Landscape Features Level
Sewer Municipal Sewage System
Size Frontage 85 Ft
Size Irregular 0.2
Size Total 0.2 Ac|under 1 Acre
Size Total Text 0.2 Ac|under 1 Acre
Zoning Type Unknown

https://www.realtor.ca/real-estate/26770871/453-morrison-avenue-kelowna-kelowna-south

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Oakwyn Realty Okanagan-Letnick Estates
#108 - 1980 Cooper Road
Kelowna, British Columbia V1Y 8K5

(250) 861-5122

Oakwyn Realty Okanagan-Letnick Estates
#108 - 1980 Cooper Road
Kelowna, British Columbia V1Y 8K5

(250) 861-5122

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