Francisco
104 - 383 Ellis Street
Penticton, BC
Canada V2A 4L8
Details
Address | 732 Morrison Avenue |
Area | Central Okanagan |
Sub Area | KS - Kelowna South |
State/Province | British Columbia |
Country | Canada |
Price | $995,000 |
Property Type | Single Family - Detached |
Bedrooms | 3 |
Bathrooms | 2 |
Half Baths | 1 |
Floor Space | 1400 Square Feet |
Lot Size | 0.00 Acres |
Waterfront | No |
Year Built | 1946 |
Taxes | $4,122 |
Tax Year | 2023 |
MLS® # | 10316787 |
This property is located in highly desirable area,close to Kelowna General Hospital,Okanagan College,Abbott Corridor,local beaches, Pandosy Village shops &restaurants, schools& other essential services.This central location not only enhances the property's appeal but also makes it convenient for potential residents.Recent zoning changes to MF1 zoning indicate a favorable environment for potential multi-family residential development.This zoning typically allows for higher density residential buildings.With laneway access on two sides, the property offers practical advantages for development.The presence of a well-maintained 3-bedroom, 1.5 bathroom character home adds versatility to the property.It could serve as a comfortable family home for buyers interested in living in the area or a lucrative rental property, providing immediate income while holding for future development.Whether a family home or rental property, the location and potential for future development make this property a valuable investment opportunity.The combination of location, zoning changes,&existing amenities position the property well for both immediate and long-term gains.This property offers a compelling package of location, development potential,& current usability as a family home or rental property & stands to benefit from recent zoning changes & its proximity to key amenities, making it an attractive option for investors and developers looking to capitalize on Kelowna's vibrant real estate market.
Listed by ROYAL LEPAGE KELOWNA
Location
About
Representing Penticton and the South Okanagan homeowners and future
homeowners/investors, Jenny is committed to listening to her client’s needs and
using her negotiating skills to ensure a successful transaction.
Raised in Penticton, Jenny understands the numerous benefits of life in the
South Okanagan, with its four seasons to fully enjoy, she can attest that raising
her three daughters with her husband, is a wonderful place to raise a family.
Jenny has been doing property management for 34 years in the South
Okanagan and began her real estate career in 2007. Continuing to do both is
rewarding in assisting clients find their temporary or forever home. Jenny
specializes in residential and investment properties which go hand in hand with
her expertise in property management.