453 Morrison Avenue, Kelowna
MLS® 10310314
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:36863)
Property Details
- Full Address:
- 453 Morrison Avenue, Kelowna, British Columbia
- Price:
- $ 2,290,000
- MLS Number:
- 10310314
- List Date:
- April 17th, 2024
- Lot Size:
- 0.2 ac
- Year Built:
- 1996
- Taxes:
- $ 8,174
Interior Features
- Bedrooms:
- 12
- Bathrooms:
- 14
- Appliances:
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
- Air Conditioning:
- Central air conditioning
- Heating:
- Forced air
- Basement:
- Crawl space
Building Features
- Storeys:
- 2
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Roof:
- Asphalt shingle, Unknown
- Zoning:
- Unknown
- Exterior:
- Stucco
- Garage:
- Attached Garage, See Remarks
- Garage Spaces:
- 10
- Ownership Type:
- Freehold
- Taxes:
- $ 8,174
Floors
- Finished Area:
- 6350 sq.ft.
Land
- Lot Size:
- 0.2 ac
- Water Frontage Type:
- Other