$1,651,104

Listing currency: CA$2,290,000

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453 Morrison Kelowna, Canada V1Y5E1

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 (id:58403)

Amenities

  • Bedrooms: 12
  • Full Bathrooms: 14
  • Partial Bathrooms: 9
  • Property Type: Residential
  • Year Built: 1996
  • Built in 1996
  • Home size: 6,350 ft2 / 589.93 m2
  • MLS: 795395
  • Status: Active

Property brokered by

Oakwyn Realty Ltd.

+1 604-620-6788

Get more listing details on brokerage site

Presented by JP Letnick

  • (250) 448-8885 (Office Phone)

Contact JP Letnick

Contact Agent

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