MLS: 10310429
453 Morrison Avenue
6350 sqft
$2,290,000
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:6770)
Investment Opportunities < 1 Acre New
Listed by JP Letnick
Oakwyn Realty Okanagan-Letnick Estates
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Overview
- Price $2,290,000
- MLS # 10310429
- Age 1996
- Size 6350 sqft
- Exterior Stucco
- Cooling Central Air Conditioning
- Water Municipal water
- Sewer Municipal sewage system
- Listing Agent JP Letnick
- Listing Office Oakwyn Realty Okanagan-Letnick Estates
- Landscape Features Level
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