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Renanza Realty
For sale

894 Morrison Avenue

Kelowna, British Columbia

MLS® 10370789

$1,199,000

Status
Active
Property type
House
MLS® number
10370789
Bedrooms
3
Bathrooms
2
Year built
1948

Listing description

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.

Property summary

MLS® number
10370789
Property type
Single Family
Building type
House
Square footage
1,480 sq ft
Title
Freehold
Land size
0.16 acres
Built in
1948
Annual property taxes
$5,115.99
Parking
6 spaces
Days on market
265 days

Features & details

Heating
Baseboard heaters, Electric
Flooring
Laminate
Exterior features
Vinyl siding
Lot features
Level lot, Corner Site
Community features
Rentals Allowed
Architectural style
Ranch

What would this home cost you?

Based on the $1,199,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,579 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Oakwyn Realty Okanagan-Letnick Estates, Kelowna.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.