1257 Belaire Avenue
Kelowna, British Columbia V1Y6B8

$1,888,000

ID# 10325844
ATTENTION DEVELOPERS! CAPRI URBAN CENTER LAND ASSEMBLY TOTALLING .46 ACRES, UC2 zoning allowing up to 12-15 Stories. 1257 AND 1269 BELAIRE to be bought in conjunction, .23 acre each lot equals .46 acres of high density development potential in center of the fast developing Capri-Landmark Urban Center neighbourhood plan, only a few blocks from Landmark towers, the coming new Recreation Complex, close to downtown and Okanagan Lake, it is as central as it comes! Zoned UC2, a mixed commercial-residential zone, allowing a variety of apartment, professional, health, and office uses. Community plan allows up to 12 stories, but may hold potential for up to 15 stories on application with bonus uses. Base FAR is 3.3 for pot 66,124 of building space. Rental or affordable housing may add a further .3 FAR for up to 12 stories, or possibly .05 FAR per story (for 12 story or more). Initial feasibility study done at FAR of 1.8 for a 6 story plus 2 story underground parkade, 51 unit condo/apartments, studio-2 bed units + 3 live work units at total 44,861 SF above ground. Current home offers 3 Bed up, 2 Bed Legal suite, & non-conforming ""cottage"" in back. Hardwood floors, decently maintained and updated over the years. Value in land, and is “as is where is”. To be bought in w/ 1269 Belaire. Value in land. All home measurments approx & to be verified. (Buyer to do own due diligence on info with City of Kelowna). (id:3942)
Courtesy of Royal LePage Kelowna

Listed on: October 05, 2024

On market: 47 days
Bathroom Total 3
Bedrooms Total 4
Half Bathrooms Total 1
Year Built 1959
Flooring Type Ceramic Tile, Hardwood, Laminate
Heating Type Hot Water, Other
Heating Fuel Electric
Stories Total 1
Laundry roomSecond level5'9'' x 4'8''
OtherBasement9'4'' x 5'6''
Laundry roomBasement7'11'' x 5'4''
Dining nookBasement7'7'' x 6'5''
Family roomBasement12'9'' x 10'10''
FoyerMain level12'6'' x 6'3''
Family roomMain level16'0'' x 10'0''
DenMain level9'0'' x 8'6''
BedroomMain level13'0'' x 12'0''
4pc BathroomMain level6'8'' x 6'1''
2pc Ensuite bathMain level7'1'' x 5'4''
Primary BedroomMain level12'3'' x 12'0''
Dining nookMain level9'0'' x 6'0''
KitchenMain level16'0'' x 9'6''
Dining roomMain level9'0'' x 8'0''
Living roomMain level19'0'' x 16'6''
Full bathroomAdditional Accommodation6'1'' x 5'7''
BedroomAdditional Accommodation12'0'' x 11'9''
Primary BedroomAdditional Accommodation12'8'' x 10'11''
KitchenAdditional Accommodation10'6'' x 7'9''
Living roomAdditional Accommodation17'8'' x 10'10''
Add CMHC fee.
Purchase Price
Down Payment or Equity
Amount of Mortgage
system will calculate
Current Interest Rate
Amortization Period
years
Payment Schedule
Monthly Payment (principal & interest)
system will calculate
Grid List Table Map
Address Price Bed Bath SqFt Area Sub Area Brokerage
Search

Get Your Home Valuation Report For Free!

Find your home's value in today's market!

GET HOME REPORT

Cory Alexander *PREC Taryn O'Donohue

250-575-5452 250-300-1311

Royal LePage Kelowna

1-1890 Cooper Road,

Kelowna, BC, V1Y 8B7


PRIVACY POLICY

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner. 

powered by webkits