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732 Morrison Avenue Kelowna, British Columbia V1Y 5E5

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3 Bedroom 2 Bathroom 1400 sqft
Wall Unit Forced Air

$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:52811)

Property Details

MLS® Number 10316787
Property Type Single Family
Neigbourhood Kelowna South
View Type Mountain View

Building

Bathroom Total 2
Bedrooms Total 3
Basement Type Crawl Space
Constructed Date 1946
Construction Style Attachment Detached
Cooling Type Wall Unit
Exterior Finish Concrete, Wood Siding
Flooring Type Hardwood, Laminate, Vinyl
Half Bath Total 1
Heating Type Forced Air
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 2
Size Interior 1400 Sqft
Type House
Utility Water Municipal Water

Parking

Surfaced

Land

Acreage No
Sewer Municipal Sewage System
Size Total 0|under 1 Acre
Size Total Text 0|under 1 Acre
Zoning Type Unknown

Rooms

Level Type 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