732 Morrison Avenue Kelowna, British Columbia V1Y 5E5
$995,000
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:53701)
Property Details
| MLS® Number | 10316787 |
| Property Type | Single Family |
| Neigbourhood | Kelowna South |
| ViewType | Mountain View |
Building
| BathroomTotal | 2 |
| BedroomsTotal | 3 |
| BasementType | Crawl Space |
| ConstructedDate | 1946 |
| ConstructionStyleAttachment | Detached |
| CoolingType | Wall Unit |
| ExteriorFinish | Concrete, Wood Siding |
| FlooringType | Hardwood, Laminate, Vinyl |
| HalfBathTotal | 1 |
| HeatingType | Forced Air |
| RoofMaterial | Asphalt Shingle |
| RoofStyle | Unknown |
| StoriesTotal | 2 |
| SizeInterior | 1400 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Surfaced |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeTotal | 0|under 1 Acre |
| SizeTotalText | 0|under 1 Acre |
| ZoningType | Unknown |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Den | 12' x 8' | ||
| Second Level | 2pc Ensuite Bath | Measurements not available | ||
| Second Level | Primary Bedroom | 18' x 11' | ||
| Main Level | Bedroom | 10' x 10' | ||
| Main Level | Bedroom | 14' x 10' | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Kitchen | 17' x 14' | ||
| Main Level | Living Room | 14' x 14' |
https://www.realtor.ca/real-estate/27062876/732-morrison-avenue-kelowna-kelowna-south
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November 15 2024 12:58:55
Okanagan-Mainline Real Estate Board
Royal LePage Kelowna