453 Morrison Avenue, Kelowna

2024-04-18
 

Quick Summary

Location
453 Morrison Avenue, Kelowna, British Columbia V1Y5E1
Price
$2,290,000 CAD
Status:
For Sale
Property Type:
Other
Area:
6350ft2
Year of Construction:
1996
Video Link:

MLS®#10310429

Property Description

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:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit, Park, Recreation, Schools, Shopping

Building

  • Cooling Type: Central air conditioning
  • Exterior Finish: Stucco
  • Fireplace: No
  • Interior Size: 6350 sqft
  • Building Type: Other
  • Utility Water: Municipal water

Features

  • Feature: Level lot, Private setting, Wheelchair access

Land

  • Land Size: 0.2 ac|under 1 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Information entered by Oakwyn Realty Okanagan-Letnick Estates
Listing information last updated on: 2024-04-18 19:28:25


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