453 Morrison Avenue | $2,290,000
Trong Nguyen PREC Agent Photo
Trong
Nguyen PREC*
C. (250) 488-0678
P. (250) 300-3656
Phone Trong www.trongrealestate.com
CANADA FLEX REALTY GROUP LTD
129 Nanaimo Avenue W
Penticton, BC
Canada V2A 1N2

Details

%
Years (35 year max)
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

Thank you for taking the time to read this section. I started this life journey in Vietnam for the first five years. My parents decided to leave their home country to start a new life in Canada, setting down roots in the most beautiful place in Canada, the Okanagan Valley. It was in Kelowna, the largest City in the Okanagan, where I grew up with my two younger brothers.  While attending the local college I met my beautiful wife, Diane. I moved south to her hometown of Penticton and we've had two amazing kids who keep us busy!

My work journey started with many retail outlets but my career began in the banking industry, where I spent almost five years. I departed from the bank to try my hands at a Notary office and learn the back end of real estate. This is where I gained knowledge of land transfers and mortgage registrations. Eventually, I left the Notary office and became a mortgage broker and this experience gave me invaluable insight into underwriting loans, and procuring mortgages that fit my clients finances. While I was a mortgage broker, I felt I could provide honest, reliable and professional advice to buyers/sellers and that I could truly make a difference to those that wanted to buy or sell a home. After seeing my brother assist his clients as a realtor, I decided to make the move.

Buying or selling a home can be stressful, tiring and overwhelming. I fully understand this and so my primary mission is to ensure my clients have as smooth of a transaction as possible. To do this, I believe going above and beyond at every step of the process. I feel building a relationship with all of my potential and maintaining that relationship with my current clients is the key to accomplishing this mission. I view all my clients as good friends, and as such will do whatever it takes to help them out.

I am grateful and blessed to be able to live in a wonderful city and assist my friends in buying or selling their homes. If you or anyone else you know are interested in moving forward with buying or selling, please consider my services.