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732 Morrison Avenue, Kelowna

Property Description

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. (id:43014)

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Full Address:
732 Morrison Avenue, Kelowna, British Columbia
Price:
$ 995,000
MLS Number:
10316787
List Date:
June 19th, 2024
Neighbourhood:
Kelowna South
Year Built:
1946
Taxes:
$ 4,122

Property Details

Bedrooms:
3
Bathrooms:
2
Flooring:
Hardwood, Laminate, Vinyl
Air Conditioning:
Wall unit
Heating:
Forced air
Basement:
Crawl space

Interior Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Concrete, Wood siding
Garage:
Surfaced
Ownership Type:
Freehold
Taxes:
$ 4,122

Building Features

Finished Area:
1400 sq.ft.

Floors

View:
Mountain view

Land

Neighbourhood Features

Ratings

Commercial Info

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Agent: Kim WaldherrOffice: Royal LePage Kelowna

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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 […]
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732 Morrison Avenue, Kelowna

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Kelowna South

Central location, inviting atmosphere, and a variety of real estate options make Kelowna South one of the most sought-after neighbourhoods in all of Kelowna. Beaches, greenspaces, restaurants, entertainment, schools, you name it and you can find it in this historic Kelowna Neighbourhood, usually within walking distance!

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