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$1,179,000

4 Beds

2 Baths

2251 FEETSQ

QuickQuoteTM: $893K - $1.2M

Kelowna BC, V1Y 5E5

MLS® # 10362337

Property Information:

Fantastic opportunity in a prime central location! This MF1 development property offers incredible potential just steps from parks, beaches, shops, restaurants, schools, transit, and the hospital. Measuring 60 x 122, the lot provides both street and rear lane access, creating versatile options for multi-dwelling design. Currently, the property features a single-family home with a legal suite, perfect as a holding property while you prepare and optimize your future development plans. Whether you’re looking to build new residences in a sought-after area or secure a strong investment with rental income in place, this property delivers flexibility and value. The neighborhood continues to see growth and renewal, making this a timely opportunity to secure a property with a city-central setting, excellent accessibility, and multi-family zoning, this lot is ready to support your vision to create something special in one of the city’s most desirable hubs! (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Other
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick, Stucco
  • Fireplace Fuel: Gas
  • Fireplace Type: Unknown
  • Floor Space: 2251 sqft
  • Flooring Type: Laminate, Linoleum, Tile
  • Heating Type: Forced air
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 4
  • Bathrooms: 2
  • Access Type: Easy access
  • Amenities Nearby: Public Transit, Park, Recreation, Schools, Shopping
  • Built in: 1968
  • Community Features: Pets Allowed, Pets Allowed With Restrictions, Rentals Allowed
  • Floor Space (approx): 2251 Square Feet
  • Sewer: Municipal sewage system
  • Parking Type:

Rooms:

  • Bathroom Main Level 6' x 10'
  • Bedroom Main Level 10' x 13'
  • Bedroom Main Level 8' x 13'
  • Primary Bedroom Main Level 13'6'' x 9'
  • Kitchen Main Level 11' x 8'
  • Living Main Level 17'6'' x 13'10''
  • Other 17' x 14'
  • Bathroom 6' x 6'
  • Bedroom 13'6'' x 9'6''

Courtesy of: RE/MAX Kelowna

REALTOR.ca  

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Location of 738 Morrison Avenue, Kelowna, British Columbia, V1Y 5E5

Demographic Information of 738 Morrison Avenue, Kelowna, British Columbia, V1Y 5E5

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$114,918.87

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.59 %

High school certificate or equivalent

27.69 %

Apprenticeship trade certificate/diploma

11.21 %

College/non-university certificate

21.1 %

University certificate (below bachelor)

0.8 %

University Degree

25.62 %

Commuter

Travel To Work

By Car

82.8 %

By Public Transit

1.76 %

By Walking

9.17 %

By Bicycle

5.06 %

By Other Methods

1.21 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

14.13 %

Houses

85.87 %

Own Vs. Rent