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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:13641)

Property Details

MLS® Number 10310429
Property Type Other
Neigbourhood Kelowna South
Community Name Rose Cottage
AmenitiesNearBy Public Transit, Park, Recreation, Schools, Shopping
CommunityFeatures Family Oriented
Features Level Lot, Private Setting, Wheelchair Access
ParkingSpaceTotal 10

Building

ConstructedDate 1996
CoolingType Central Air Conditioning
ExteriorFinish Stucco
FireProtection Security System, Smoke Detector Only
HeatingType Forced Air, See Remarks
RoofMaterial Asphalt Shingle
RoofStyle Unknown
SizeInterior 6350 Sqft
Type Other
UtilityWater Municipal Water

Parking

Attached Garage 2

Land

AccessType Easy Access
Acreage No
LandAmenities Public Transit, Park, Recreation, Schools, Shopping
LandscapeFeatures Level
Sewer Municipal Sewage System
SizeFrontage 85 Ft
SizeIrregular 0.2
SizeTotal 0.2 Ac|under 1 Acre
SizeTotalText 0.2 Ac|under 1 Acre
ZoningType Unknown

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

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Jp Letnick
Personal Real Estate Corporation


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

Joanna Wang


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

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