Don Rae Realtor

453 Morrison Avenue Kelowna V1Y5E1

Price : $2,290,000	Listing ID : 10310314
12	14
Property Type : Single Family	Building Type : House
Title : Freehold	Finished Area : 6350 sqft
Built in : 1996	Total Parking Spaces : 10

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:56537)

Call (250)-864-7337 for showing information.

Details
Amenities Nearby : Park, Recreation, Schools, Shopping	Access : Easy access	Appliances Inc : Refrigerator, Dishwasher, Dryer, Range - Electric, Washer
Community Features : -	Features : Level lot, Private setting, Central island, One Balcony	Structures : -
Total Parking Spaces : 10	View : -	Waterfront : Other
Zoning Type : Unknown
Building
Architecture Style : -	Bathrooms (Partial) : 9	Cooling : Central air conditioning
Fire Protection : -	Fireplace Fuel : -	Fireplace Type : -
Floor Space : -	Flooring : -	Foundation Type : -
Heating Fuel : -	Heating Type : Forced air	Roof Style : Unknown
Roofing Material : Asphalt shingle	Sewer : Municipal sewage system	Utility Water : Municipal water
Basement
Type : Crawl space	Development : -	Features : -
Land
Landscape Features : Level
Rooms
Level :	Type :	Dimensions :
Main level	1pc Ensuite bath	5'2'' x 4'11''
	2pc Bathroom	5'7'' x 5'9''
	2pc Ensuite bath	4'10'' x 6'6''
	2pc Ensuite bath	5'8'' x 5'9''
	3pc Bathroom	5'0'' x 5'0''
	5pc Ensuite bath	17'4'' x 5'6''
	Bedroom	12'10'' x 11'0''
	Bedroom	13'0'' x 9'10''
	Bedroom	13'2'' x 10'0''
	Bedroom	13'2'' x 9'10''
	Den	7'10'' x 9'9''
	Dining room	17'4'' x 13'0''
	Family room	12'3'' x 10'10''
	Kitchen	11'6'' x 15'0''
	Laundry room	6'5'' x 8'0''
	Living room	24'0'' x 18'3''
	Other	3'8'' x 5'9''
Second level	1pc Bathroom	6'6'' x 6'6''
	2pc Bathroom	4'10'' x 5'10''
	2pc Bathroom	5'0'' x 5'8''
	2pc Ensuite bath	4'10'' x 5'10''
	3pc Bathroom	5'0'' x 5'0''
	3pc Bathroom	8'0'' x 4'9''
	5pc Bathroom	17'0'' x 6'2''
	Bedroom	10'10'' x 10'2''
	Bedroom	13'3'' x 11'0''
	Bedroom	14'4'' x 14'4''
	Bedroom	15'6'' x 10'7''
	Bedroom	16'2'' x 11'0''
	Bedroom	19'0'' x 13'3''
	Kitchen	11'0'' x 11'3''
	Living room	12'7'' x 21'4''
	Other	34'8'' x 15'3''
	Primary Bedroom	23'6'' x 17'3''

Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.