732 Morrison Avenue
Kelowna
Update on 2023-07-04 10:05:04 AM
$ 995,000
3
BEDROOMS
1 + 1
BATHROOMS
1400
SQUARE FEET
1946
YEAR BUILT
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.
COMMUNITY | KS - Kelowna South |
TYPE | Residential |
STYLE | |
YEAR BUILT | 1946 |
SQUARE FOOTAGE | 1400.0 |
BEDROOMS | 3 |
BATHROOMS | 2 |
BASEMENT | Crawl Space |
FEATURES |
GARAGE | No |
PARKING | |
ROOF | Unknown |
LOT SQFT | 0 |
ROOMS | DIMENSIONS (m) | LEVEL |
---|---|---|
Master Bedroom | ||
Second Bedroom | ||
Third Bedroom | ||
Dining Room | ||
Family Room | ||
Kitchen | ||
Living Room |
INTERIOR
EXTERIOR
Broker
Royal LePage Kelowna
Agent