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453 Morrison Avenue
Kelowna British Columbia V1Y5E1 Canada

$2,290,000

Active Listing ID 10310314
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12 bed
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6,350 square feet
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14.00 Bath
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Single Family

$2,290,000

Active Listing ID 10310314
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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:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Stucco
  • Roof Type: Asphalt shingle, Unknown
  • Heating Systems: Forced air
  • Additional Features
  • Basement
  • Fireplace
  • Waterfront
Listing Changed: 4/18/2024 6:35:35 PM GMT
Source Updated Date: 4/24/2024 5:30:12 AM GMT

Courtesy of: JPLetnick, Salesperson, Sage Executive Group Real Estate - Letnick Estates

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