$2,290,000

ID# 10310314

453 Morrison Avenue
Kelowna, British Columbia V1Y5E1

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:3942)

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Courtesy of Sage Executive Group Real Estate - Letnick Estates
Listed on: April 17, 2024

On market: 15 days

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Bathroom Total	14
Bedrooms Total	12
Half Bathrooms Total	9
Year Built	1996
Cooling Type	Central air conditioning
Heating Type	Forced air
Stories Total	2

3pc Bathroom	Second level	5'0'' x 5'0''
Bedroom	Second level	13'3'' x 11'0''
2pc Bathroom	Second level	5'0'' x 5'8''
2pc Bathroom	Second level	5'0'' x 5'8''
Other	Second level	34'8'' x 15'3''
Bedroom	Second level	15'6'' x 10'7''
Bedroom	Second level	14'4'' x 14'4''
5pc Bathroom	Second level	17'0'' x 6'2''
Bedroom	Second level	19'0'' x 13'3''
Bedroom	Second level	16'2'' x 11'0''
3pc Bathroom	Second level	8'0'' x 4'9''
Living room	Second level	12'7'' x 21'4''
Kitchen	Second level	11'0'' x 11'3''
Bedroom	Second level	10'10'' x 10'2''
1pc Bathroom	Second level	6'6'' x 6'6''
2pc Bathroom	Second level	4'10'' x 5'10''
2pc Ensuite bath	Second level	4'10'' x 5'10''
Primary Bedroom	Second level	23'6'' x 17'3''
3pc Bathroom	Main level	5'0'' x 5'0''
Kitchen	Main level	11'6'' x 15'0''
Dining room	Main level	17'4'' x 13'0''
Living room	Main level	24'0'' x 18'3''
Den	Main level	7'10'' x 9'9''
Laundry room	Main level	6'5'' x 8'0''
Family room	Main level	12'3'' x 10'10''
Bedroom	Main level	13'0'' x 9'10''
5pc Ensuite bath	Main level	17'4'' x 5'6''
Bedroom	Main level	13'2'' x 10'0''
Bedroom	Main level	13'2'' x 9'10''
2pc Bathroom	Main level	5'7'' x 5'9''
Other	Main level	3'8'' x 5'9''
2pc Ensuite bath	Main level	5'8'' x 5'9''
Bedroom	Main level	13'2'' x 9'10''
2pc Ensuite bath	Main level	4'10'' x 6'6''
1pc Ensuite bath	Main level	5'2'' x 4'11''
Bedroom	Main level	12'10'' x 11'0''

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LEARN MORE

Jody Miller

Personal Real Estate Corporation

250.469.4639

jody@buykelowna.com

Royal LePage Kelowna

Independently Owned & Operated

250.860.1100

1-1890 Cooper Road,

Kelowna, BC, V1Y 8B7

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453 Morrison Avenue Kelowna, British Columbia V1Y5E1

453 Morrison Avenue
Kelowna, British Columbia V1Y5E1