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453 Morrison Avenue | $2,290,000
Dianne Van Schilt,*PREC Agent Photo
Dianne
Van Schilt,*PREC*
C. (250) 462-7759
 P. (250) 493-2244
 Phone Dianne https://www.vanschiltandassociates.com/
ROYAL LEPAGE LOCATIONS WEST
484 Main Street
 Penticton, BC
 Canada V2A 5C5

Details

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Address 453 Morrison Avenue
AreaCentral Okanagan
Sub AreaKS - Kelowna South
State/ProvinceBritish Columbia
CountryCanada
Price$2,290,000
Property TypeSingle Family - Detached
Bedrooms12
Bathrooms14
Half Baths9
Floor Space6350 Square Feet
Lot Size0.20 Acres
WaterfrontNo
Year Built1996
Taxes $8,174
Tax Year2023
MLS® #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

Listed by OAKWYN REALTY OKANAGAN-LETNICK ESTATES

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

Dianne’s dedication, desire and hard work has resulted in many successful years working within team environments as well as an independent top producing real estate agent. The direction of her brand is built on protecting client's interests, being a strong negotiator and having creative marketing strategies which define her team's slogan 
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