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 |
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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 |
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Subdivision | Kelowna South |
City | Kelowna |
Province | British Columbia |
Postal Code | V1Y5E1 |
Amenities
Amenities | Park, Recreation, Schools, Shopping |
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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 |
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Heating | Forced air |
Cooling | Central air conditioning |
Fireplace | No |
# of Stories | 2 |
Has Basement | No |
Exterior
Exterior | Stucco |
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Exterior Features | Level |
Roof | Asphalt shingle |
Additional Information
Zoning | Unknown |
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