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453 Morrison Avenue | $2,290,000
Nikki Newhouse Agent Photo
Nikki
Newhouse
C. (604) 819-4035
 P. (250) 295-1585
 Phone Nikki
ROYAL LEPAGE PRINCETON REALTY
136 Vermilion Ave, Po Box 868
 Princeton, BC
 Canada V0X 1W0

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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About

Allow me to introduce myself, my name is Nikki. I have been actively working as a REALTOR® in the Princeton area since 2015

I moved to Princeton from the Fraser Valley years ago and I love it!! Here are my three reason WHY I believe in Princeton . 

#1 The people are fantastic, this is found in the friendly waves and smiles from a passer by. This is noted in the authentic connections you can find in a simple greeting or transaction at the store and this is felt in trust and security that has been displayed.

#2 The environment!! Dry in the best kind of way, solid grey days above when are friends to the west are surrounded in rain. Snowy winters, with the light stuff making it so much easier to shovel and a dry heat in the summer that cools to reset over night. 

#3 The growth and change in the years since I first arrived. When I started with BC Ambulance the hospital closed the doors to Emergency department at 12. Not long after the population started to grow and the demand was required for 24 hour care they are now open 24 hours a day. I am so impressed with the hospital care our small town provides and when in need the newly renovated and improved Penticton Hospital is near by for further diagnostics and treatment. The change in the population has been an inspiring experience, with like minded followers relocating from the lower mainland to the Similkameen Valley, I am thrilled.  Gradually we are seeing new builds with a demand for more, I look forward to seeing the continuing change and growth in our community in the future ahead. 

 This is a bit about WHY I believe, change is ahead for this year and if you are considering a new option try me, Nikki Newhouse independent REALTOR®. 
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