$ 1,888,000
1257 Belaire Avenue Kelowna, BC V1Y6B8
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 1,888,000
Est. payment /mo
Active
1257 Belaire Avenue Kelowna, BC V1Y6B8
2,798 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,798 sqft
Price per Sqft $674
Subdivision Springfield/Spall
MLS® Listing ID 10325849
Originating Board Association of Interior REALTORS�
Year Built 1959
Lot Size 10,018 Sqft
Acres 10018.8
Property Description
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:24570)
Location
Province BC
Zoning Multi-Family
Interior
Heating , Hot Water, Other
Exterior
Garage Yes
Garage Spaces 1.0
Garage Description 1
Fence Fence
Waterfront No
View Y/N No
Roof Type Unknown
Total Parking Spaces 1
Private Pool No
Building
Sewer Municipal sewage system
Listed by Royal LePage Kelowna
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