453 Morrison Avenue Kelowna, British Columbia V1Y 5E1
$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:58770)
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
Interested?
Contact us for more information
Jp Letnick
Personal Real Estate Corporation
#108 - 1980 Cooper Road
Kelowna, British Columbia V1Y 8K5
Joanna Wang
#108 - 1980 Cooper Road
Kelowna, British Columbia V1Y 8K5
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April 18 2024 07:28:25
Okanagan-Mainline Real Estate Board
Oakwyn Realty Okanagan-Letnick Estates