894 Morrison Avenue, Kelowna, British Columbia

$1,199,000

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1,480

Square feet

0.16

Acres

About 894 Morrison Avenue

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:6289)

Features of 894 Morrison Avenue

Listing # 10370791
Price $1,199,000
Square Footage 1,480
Acres 0.16
Year Built 1948
Type Other
Sub-Type Freehold

Community Information

Address 894 Morrison Avenue
Subdivision Kelowna South
City Kelowna
Province British Columbia
Postal Code V1Y5E5

Amenities

Features Level lot, Corner Site
Parking Spaces 6
Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters, Electric
Fireplace No
Has Basement No

Exterior

Exterior Vinyl siding
Lot Description 0.16
Roof Asphalt shingle, Unknown

Listing Details

OfficeOakwyn Realty Okanagan-Letnick Estates

Listing Map

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