453 Morrison Avenue
Kelowna, British Columbia V1Y5E1

$2,290,000

ID# 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:3942)
Courtesy of Sage Executive Group Real Estate - Letnick Estates
Listed on: April 17, 2024

On market: 218 days
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 BathroomSecond level5'0'' x 5'0''
BedroomSecond level13'3'' x 11'0''
2pc BathroomSecond level5'0'' x 5'8''
2pc BathroomSecond level5'0'' x 5'8''
OtherSecond level34'8'' x 15'3''
BedroomSecond level15'6'' x 10'7''
BedroomSecond level14'4'' x 14'4''
5pc BathroomSecond level17'0'' x 6'2''
BedroomSecond level19'0'' x 13'3''
BedroomSecond level16'2'' x 11'0''
3pc BathroomSecond level8'0'' x 4'9''
Living roomSecond level12'7'' x 21'4''
KitchenSecond level11'0'' x 11'3''
BedroomSecond level10'10'' x 10'2''
1pc BathroomSecond level6'6'' x 6'6''
2pc BathroomSecond level4'10'' x 5'10''
2pc Ensuite bathSecond level4'10'' x 5'10''
Primary BedroomSecond level23'6'' x 17'3''
3pc BathroomMain level5'0'' x 5'0''
KitchenMain level11'6'' x 15'0''
Dining roomMain level17'4'' x 13'0''
Living roomMain level24'0'' x 18'3''
DenMain level7'10'' x 9'9''
Laundry roomMain level6'5'' x 8'0''
Family roomMain level12'3'' x 10'10''
BedroomMain level13'0'' x 9'10''
5pc Ensuite bathMain level17'4'' x 5'6''
BedroomMain level13'2'' x 10'0''
BedroomMain level13'2'' x 9'10''
2pc BathroomMain level5'7'' x 5'9''
OtherMain level3'8'' x 5'9''
2pc Ensuite bathMain level5'8'' x 5'9''
BedroomMain level13'2'' x 9'10''
2pc Ensuite bathMain level4'10'' x 6'6''
1pc Ensuite bathMain level5'2'' x 4'11''
BedroomMain level12'10'' x 11'0''
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Royal LePage Kelowna

1-1890 Cooper Road,

Kelowna, BC, V1Y 8B7


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