732 Morrison Avenue
Kelowna, British Columbia V1Y5E5

$995,000

ID# 10316787
This property is located in highly desirable area,close to Kelowna General Hospital,Okanagan College,Abbott Corridor,local beaches, Pandosy Village shops &restaurants, schools& other essential services.This central location not only enhances the property's appeal but also makes it convenient for potential residents.Recent zoning changes to MF1 zoning indicate a favorable environment for potential multi-family residential development.This zoning typically allows for higher density residential buildings.With laneway access on two sides, the property offers practical advantages for development.The presence of a well-maintained 3-bedroom, 1.5 bathroom character home adds versatility to the property.It could serve as a comfortable family home for buyers interested in living in the area or a lucrative rental property, providing immediate income while holding for future development.Whether a family home or rental property, the location and potential for future development make this property a valuable investment opportunity.The combination of location, zoning changes,&existing amenities position the property well for both immediate and long-term gains.This property offers a compelling package of location, development potential,& current usability as a family home or rental property & stands to benefit from recent zoning changes & its proximity to key amenities, making it an attractive option for investors and developers looking to capitalize on Kelowna's vibrant real estate market. (id:3942)
Courtesy of Royal LePage Kelowna

Listed on: June 18, 2024

On market: 122 days
Bathroom Total 2
Bedrooms Total 3
Half Bathrooms Total 1
Year Built 1946
Cooling Type Wall unit
Flooring Type Hardwood, Laminate, Vinyl
Heating Type Forced air
Stories Total 2
DenSecond level12' x 8'
2pc Ensuite bathSecond levelMeasurements not available
Primary BedroomSecond level18' x 11'
BedroomMain level10' x 10'
BedroomMain level14' x 10'
4pc BathroomMain levelMeasurements not available
KitchenMain level17' x 14'
Living roomMain level14' x 14'
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250-575-5452 250-300-1311

Royal LePage Kelowna

1-1890 Cooper Road,

Kelowna, BC, V1Y 8B7


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