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894 Morrison Avenue

Kelowna South, Kelowna, BC, V1Y5E5

Listed by Oakwyn Realty Okanagan-Letnick Estates

$1,199,000

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  • 3 bedrooms
  • 2 bathrooms
  • 6 parking
  • 1480 sq ft

Listed 317 days ago · MLS® 10370789

About this home

Unlock the full potential of urban living and investment with this prime 0.16-acre corner lot, ideally located and zoned MF1 with approved plans for a five-plex (5 townhomes). This property offers a rare combination of development readiness, flexible design, and unbeatable proximity to Kelowna’s most desirable amenities. With 66.7% site coverage & thoughtfully designed layout, approved plan includes five units: Unit #1 fronting Ethel Street with rear-lane access, #2 & #3 also fronting Ethel Street, #4 & #5 fronting Morrison Avenue & Ethel Street. 5 dedicated parking stalls, bike parking & three-storey build potential, a configuration perfectly tailored to today’s rental and resale markets. Current 3 beds 2 baths home is a great rental, offers generous outdoor areas ideal for private yards and garden, with dual vehicle access from both the street frontage and the rear laneway, extra room for RV/camper parking. Located just steps from the active transportation corridor on Ethel Street and minutes from KGH, Pandosy Village, Highway 97, Okanagan College, Guisachan Village, and Kinsmen Park, this site promises long-term value in one of Kelowna’s fastest-growing urban pockets. Whether you’re an investor seeking a strategic holding property, a builder looking for a shovel-ready multi-family project, or a visionary developer aiming to create sought-after urban homes, this lot represents an exceptional opportunity to shape the future of central Kelowna living. (id:66966)

Details

Type
Detached
Style
Ranch
Size
1480 sq ft
Property tax
$5,116
Neighbourhood
Kelowna South
Municipality
Kelowna

Interior

Fireplace
No
Flooring
Laminate

Heating, cooling and services

Heating
Baseboard heaters, Electric
Water and sewer
Municipal sewage system

Building and exterior

Style
Ranch
Year built
1948
Roof
Asphalt shingle
Outdoor
Vinyl siding

Parking

Total parking
6

Rooms

RoomLevelSizeFeatures
Family roomMain level15'6'' x 9'9''
Laundry roomMain level6'0'' x 7'0''
3pc BathroomMain level6'5'' x 5'6''
BedroomMain level9'5'' x 8'0''
BedroomMain level13'0'' x 9'6''
4pc BathroomMain level8'4'' x 8'0''
Primary BedroomMain level11'3'' x 14'0''
DenMain level15'4'' x 11'0''
Living roomMain level14'9'' x 11'0''
Dining roomMain level11'8'' x 8'9''
KitchenMain level9'6'' x 7'8''

Location

Location is approximate. See nearby homes on the map

Listed by Oakwyn Realty Okanagan-Letnick Estates.

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