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Graham Terryberry

graham@terryberrygroup.com +1(403) 909-6787

$ 2,290,000

Est. payment -/mo

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Active

453 Morrison Avenue Kelowna, BC V1Y5E1

12 Beds

14 Baths

6,350 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 6,350 sqft

Price per Sqft $360

Subdivision Kelowna South

MLS® Listing ID 10310314

Bedrooms 12

Half Baths 9

Originating Board Association of Interior REALTORS®

Year Built 1996

Lot Size 8,712 Sqft

Acres 8712.0

Property Description

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:24570)

Location

Province BC

Zoning Unknown

Rooms

Extra Room 1 Second level 5'0'' x 5'0'' 3pc Bathroom

Extra Room 2 Second level 13'3'' x 11'0'' Bedroom

Extra Room 3 Second level 5'0'' x 5'8'' 2pc Bathroom

Extra Room 4 Second level 5'0'' x 5'8'' 2pc Bathroom

Extra Room 5 Second level 34'8'' x 15'3'' Other

Extra Room 6 Second level 15'6'' x 10'7'' Bedroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Garage Yes

Garage Spaces 2.0

Garage Description 2

Fence Fence

View Y/N No

Roof Type Unknown

Total Parking Spaces 10

Private Pool No

Building

Lot Description Level

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

Listed by Oakwyn Realty Okanagan-Letnick Estates

Graham Terryberry

Agent / Team Leader

+1(403) 909-6787

Graham Terryberry

453 Morrison Avenue Kelowna, BC V1Y5E1

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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453 Morrison Avenue