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453 Morrison Avenue | $2,290,000
RJ Toor* PREC Agent Photo
RJ
Toor* PREC*
C. (778) 220-7653
 P. (250) 374-3331
 Phone RJ
RE/MAX REAL ESTATE (KAMLOOPS)
258 Seymour Street
 Kamloops, BC
 Canada V2C 2E5

Details

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Years



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

RJ Toor

REALTOR®

rjtoorremax@gmail.com

RJ learned integrity, honesty and a strong work ethic as a child. They're traits that form the core values of his thriving business and he wouldn't have it any other way. Coupled with a solid foundation in today's latest technology, extensive sales experience and excellent communication skills, he offers a unique blend of expertise that keeps his clients coming back. RJ has been around real estate for a lifetime. As the eldest child in an immigrant family - where strong work ethic was learned - he was the only English speaker and the one his family leaned on, translating property transactions and dealing with bankers, lawyers, mortgage brokers and Realtors. So, it was natural for him to go into real estate. But first, he carved out a 22-year career in automotive industry and business management.

The real estate industry has changed dramatically over the years and, in this environment, RJ's extensive knowledge and sales and negotiating skills are especially valued. He is one of the select few agents to achieve Top Ten status in his first full year as a Realtor. And he was voted Best Realtor 2012 by the Readers Choice of Kamloops Daily News. This level of success means RJ, who specializes in residential and commercial real estate, earns referrals and repeat business from his many satisfied clients. He has deep roots in Kamloops, having lived in the community for many years with his wife, three children, and their Golden Mountain Doodle Maverick. A hockey enthusiast (he also enjoys skiing, wakeboarding and RVing), RJ is a strong proponent of volunteering and giving back. He has served extensively as a director on minor hockey boards in both Prince George and Kamloops and has been a team manager for several teams. Currently RJ is a board member with Kamloops Hospice Association as a Treasurer. Always calm under pressure and with a keen ability to really listen to his clients to understand their needs, he believes his greatest contribution is to be their trusted advisor, their advocate. They know they can count on him for an honest, thoughtful analysis of the market and local home  values and trends, and to help them navigate the complex buying and selling process. Put him to work for you today.



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