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Senior facility—DEMAND > SUPPLY — 453 Morrison Ave, Kelowna, BC Kelowna South (Kelowna, British Columbia, CA - V1Y 5E1) Built

$1,800,000 CAD

Nu Stream Realty

Amy XU Amy XU 2508994888 (Cell) Request More Info

  • Type: Commercial
  • Style: 2 Storey
  • Size: 6,500 sq. ft.
  • Development Level: Built
  • Lot Size: 0.2 acres
  • Suite: Yes
  • Year Built: 1995


CMHC Mortgage Insurances reported a 4.5% increase in the number of seniors residing in the care facilities or retirement communities, as against an increase of only 3.6% in the supply of bed units in facilities. This illustrates an imbalance in the market.

This could be development opportunities . It also means a reduction in vacancy rate which may be also drive up rents.

Extremely prime location for Senior Care House! 4 blocks away from Kelowna Hosipital.

Rose Cottage Supportive Living Seniors Home is an independant living option for seniors , there are 11 rooms and 2 bed room suite for manager . The services include home cooking, three meals daily plus snacks and drinks, weekly laundry and cleaning services. Located just blocks from Kelowna General Hospital, beaches, parks and shopping our amenities include:
Private Bedrooms with Ensuite
Tub rooms with Bath Assists
Spacious Family Room
Shared Dining
Home Cooked Meals, with a focus on quality.
Outdoor Patio and Garden
Cable TV
Phone and Internet Hook-ups in every room
Chair Lift to Second Floor
Events & Activities (Bingo, Movie Nights, Games, Music and more...)
It is Air Conditioned and Smoke-free


Information is deemed to be correct but not guaranteed.

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