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1257 Belaire Avenue Kelowna, British Columbia V1Y 6B8

4 Bedroom 3 Bathroom 2798 sqft
Ranch Hot Water, Other

$1,888,000

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:53701)

Property Details

MLS® Number 10325844
Property Type Single Family
Neigbourhood Springfield/Spall
AmenitiesNearBy Shopping
Features Corner Site, One Balcony
ParkingSpaceTotal 1

Building

BathroomTotal 3
BedroomsTotal 4
Appliances Refrigerator, Dishwasher, Dryer, Range - Electric, Microwave, See Remarks, Washer & Dryer
ArchitecturalStyle Ranch
BasementType Full
ConstructedDate 1959
ConstructionStyleAttachment Detached
ExteriorFinish Stucco, Wood Siding
FlooringType Ceramic Tile, Hardwood, Laminate
HalfBathTotal 1
HeatingFuel Electric
HeatingType Hot Water, Other
RoofMaterial Asphalt Shingle
RoofStyle Unknown
StoriesTotal 1
SizeInterior 2798 Sqft
Type House
UtilityWater Municipal Water

Parking

See Remarks
Detached Garage 1

Land

Acreage No
FenceType Fence
LandAmenities Shopping
Sewer Municipal Sewage System
SizeFrontage 84 Ft
SizeIrregular 0.23
SizeTotal 0.23 Ac|under 1 Acre
SizeTotalText 0.23 Ac|under 1 Acre
ZoningType Unknown

Rooms

Level Type Dimensions
Second Level Laundry Room 5'9'' x 4'8''
Basement Other 9'4'' x 5'6''
Basement Laundry Room 7'11'' x 5'4''
Basement Dining Nook 7'7'' x 6'5''
Basement Family Room 12'9'' x 10'10''
Main Level Foyer 12'6'' x 6'3''
Main Level Family Room 16'0'' x 10'0''
Main Level Den 9'0'' x 8'6''
Main Level Bedroom 13'0'' x 12'0''
Main Level 4pc Bathroom 6'8'' x 6'1''
Main Level 2pc Ensuite Bath 7'1'' x 5'4''
Main Level Primary Bedroom 12'3'' x 12'0''
Main Level Dining Nook 9'0'' x 6'0''
Main Level Kitchen 16'0'' x 9'6''
Main Level Dining Room 9'0'' x 8'0''
Main Level Living Room 19'0'' x 16'6''
Additional Accommodation Full Bathroom 6'1'' x 5'7''
Additional Accommodation Bedroom 12'0'' x 11'9''
Additional Accommodation Primary Bedroom 12'8'' x 10'11''
Additional Accommodation Kitchen 10'6'' x 7'9''
Additional Accommodation Living Room 17'8'' x 10'10''

https://www.realtor.ca/real-estate/27519777/1257-belaire-avenue-kelowna-springfieldspall

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