$1,199,000
FOR SALE

Commercial/Retail

Lot: 56 x 0 ft

894 Morrison Avenue
Kelowna, BC V1Y 5E5 | Kelowna South

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:47421)
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Listed By Oakwyn Realty Okanagan-Letnick Estates
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10370791
Last Updated Apr 24, 2026
Property Summary
Property Type Commercial/Retail

More like this:
Neighbourhood Kelowna South
Price History

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Detailed Information
Lot 56 x 0 ft
Amenities Nearby Public Transit, Park, Recreation, Schools, Shopping
Features Level lot, Corner Site
Listing Contract Date 2025-12-08
Municipal ID 001-454-552
Ownership Type Freehold
# of Parking Spaces 6
Property Type Other
Transaction Type For sale
Building
Constructed Date 1948
Exterior Finish Vinyl siding
Heating Fuel Electric
Heating Type Baseboard heaters
Roof Material Asphalt shingle
Roof Style Unknown
Type Other
Utility Water Municipal water
Land
Total Size 0.16 acres
Amenities Public Transit, Park, Recreation, Schools, Shopping
Fence Type Fence
Landscape Features Level
Sewer Municipal sewage system
Size of Irregular Land 0.16

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