453 Morrison Avenue

Single Family For Sale in Kelowna, British Columbia

$2,290,000
  • 12 Beds
  • 14 Baths
  • 6,350 Sq. Ft.
  • Built 1996
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. 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. 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. 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. Don't miss out on this rare opportunity to invest in both cash flow and future development potential in Kelowna's premier neighborhood (id:4069)
Address 453 Morrison Avenue
List Price $2,290,000
Property Type Single Family
Type of Dwelling House
Area British Columbia
Sub-Area Kelowna
Bedrooms 12
Bathrooms 14
Floor Area 6,350 Sq. Ft.
Lot Size 0.2 Ac.
Year Built 1996
MLS® Number 10310314
Listing Brokerage Sage Executive Group Real Estate - Letnick Estates
Basement Area Crawl space
Postal Code V1Y5E1
Site Influences Park, Recreation, Schools, Shopping, Waterfront
Features Level lot, Private setting, Central island, One Balcony
Building Water Street by the Park

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Jared Franczak

ROYAL LePAGE Kelowna

11-2475 Dobbin Rd West Kelowna
BC
V4T 2E9

Office: (250) 300-8530

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