453 Morrison Avenue, Kelowna, British Columbia

$2,290,000

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12

Beds

14

Baths

6,350

Square feet

0.20

Acres

About 453 Morrison Avenue

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:36535)

Features of 453 Morrison Avenue

Listing # 10310314
Price $2,290,000
Bedrooms 12
Bathrooms 14.00
Half Baths 9
Square Footage 6,350
Acres 0.20
Year Built 1996
Type Single Family
Sub-Type Freehold

Community Information

Address 453 Morrison Avenue
Subdivision Kelowna South
City Kelowna
Province British Columbia
Postal Code V1Y5E1

Amenities

Amenities Park, Recreation, Schools, Shopping
Features Level lot, Private setting, Central island, One Balcony
Parking Spaces 10
Parking Attached Garage, See Remarks
# of Garages 2
Is Waterfront Yes
Waterfront Other
Has Pool No

Interior

Appliances Refrigerator, Dishwasher, Dryer, Range - Electric, Washer
Heating Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Stucco
Exterior Features Level
Roof Asphalt shingle

Additional Information

Zoning Unknown

Listing Details

OfficeCourtesy Of JP Letnick and Joanna Wang Of Sage Executive Group Real Estate - Letnick Estates

Listing Map