For Sale

$1,888,000

1257 Belaire Avenue, Kelowna, BC V1Y 6B8

4 Beds 2+1 Baths

Remarks

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).

Exclusions:

Tenant belongings

Property Summary

  • Annual Tax Amount: $8,409.70
  • Lot Size: 0.23 Acres
  • Floor Space (approx): 2798 Square Feet
  • Built in: 1959
  • Bedrooms: 4
  • Bathrooms (Total): 2+1

Property Features:

  • Appliances:
    Dryer , Dishwasher , Electric Range , Microwave , Refrigerator , Washer
  • Architectural Style:
    Ranch
  • Community Features:
    Shopping
  • Construction Materials:
    Stucco , Wood Siding , Wood Frame
  • Cooling:
    None
  • Exterior Features:
    Balcony , Private Yard
  • Flooring:
    Ceramic Tile , Hardwood , Laminate
  • Heating:
    Electric , Hot Water , Other
  • Parking Features:
    Additional Parking , Detached , Garage
  • Roof:
    Asphalt , Shingle
  • Sewer:
    Public Sewer
  • Water Source:
    Public

Rooms

  • Laundry:
    Level: 2nd
  • Cellar/Cold Room:
    Level: Basement
  • Bathroom:
    Level: Basement
  • Bedroom:
    Level: Basement
  • Master Bedroom:
    Level: Basement
  • Laundry:
    Level: Basement
  • Other:
    Level: Basement
    Breakfast Room/Nook
  • Kitchen:
    Level: Basement
  • Family Room:
    Level: Basement
  • Living:
    Level: Basement
  • Foyer:
    Level: Main Level
  • Family Room:
    Level: Main Level
  • Den:
    Level: Main Level
  • Bedroom:
    Level: Main Level
  • Bathroom:
    Level: Main Level
  • Ensuite Bathroom:
    Level: Main Level
  • Master Bedroom:
    Level: Main Level
  • Other:
    Level: Main Level
    Breakfast Room/Nook
  • Kitchen:
    Level: Main Level
  • Dining:
    Level: Main Level
  • Living:
    Level: Main Level
Lifestyle
Neighbourhood Info
Sean Upshaw

Sean Upshaw

Sales Representative

Phone:  250-215-0708

Mobile:  250-215-0708

Fax:  250-860-0595

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Royal LePage Kelowna, Brokerage

1 - 1890 COOPER RD
Kelowna,  BC V1Y 8B7

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