Area: British Columbia
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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:44056)

Property Details

Full Address:
453 Morrison Avenue, Kelowna, British Columbia
Price:
$ 1,999,000
MLS Number:
10360133
List Date:
August 20th, 2025
Lot Size:
0.2 ac
Year Built:
1996
Taxes:
$ 7,569

Interior Features

Bedrooms:
12
Bathrooms:
14
Appliances:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Air Conditioning:
Central air conditioning
Heating:
Forced air
Basement:
Crawl space

Building Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Exterior:
Stucco
Garage:
Attached Garage, Additional Parking
Garage Spaces:
10
Ownership Type:
Freehold
Taxes:
$ 7,569

Floors

Finished Area:
6350 sq.ft.

Land

Lot Size:
0.2 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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JP Letnick Personal Real Estate Corporation Oakwyn Realty Okanagan-Letnick Estates
 778-363-1314
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Listing Agent(s)

Listing: JP Letnick
Oakwyn Realty Okanagan-Letnick Estates
Co-Listing: Joanna Wang
Oakwyn Realty Okanagan-Letnick Estates

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