1257 Belaire Avenue, Kelowna, BC, V1Y 6B8

$1,888,000

MLS® # 10325844

House For Sale In Capri Landmark, Kelowna, British Columbia

$1,888,000

  • 4

    Bedrooms

  • 3

    Baths

  • 0.23 Acres

    Lot Size

Property Information:

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 Features:

  • Bedrooms: 4
  • Bathrooms: 2+1
  • Annual Tax Amount: $8,409
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Architectural Style: Ranch
  • Built in: 1959
  • Community Features: Shopping
  • Construction Materials: Stucco, Wood Siding, Wood Frame
  • Cooling: None
  • Exterior Features: Balcony, Private Yard
  • Floor Space (approx): 2798 Square Feet
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Heating: Electric, Hot Water, Other
  • Lot Size: 0.23 Acres
  • Parking Features: Additional Parking, Detached, Garage
  • Roof: Asphalt, Shingle
  • Water Source: Public
  • Sewer: Public Sewer

Rooms:

  • Laundry 2nd Level 1.75 m x 1.42 m
  • Cellar/Cold Room Basement Level 2.84 m x 1.68 m
  • Bathroom Basement Level 1.85 m x 1.70 m
  • Bedroom Basement Level 3.66 m x 3.58 m
  • Primary Bedroom Basement Level 3.86 m x 3.33 m
  • Laundry Basement Level 2.41 m x 1.62 m
  • Other Basement Level 2.31 m x 1.96 m Note: Breakfast Room/Nook
  • Kitchen Basement Level 3.20 m x 2.36 m
  • Family Room Basement Level 3.89 m x 3.30 m
  • Living Basement Level 5.39 m x 3.30 m
  • Foyer Main Level 3.81 m x 1.90 m
  • Family Room Main Level 4.88 m x 3.05 m
  • Den Main Level 2.74 m x 2.59 m
  • Bedroom Main Level 3.96 m x 3.66 m
  • Bathroom Main Level 2.03 m x 1.85 m
  • Ensuite Bathroom Main Level 2.16 m x 1.62 m
  • Primary Bedroom Main Level 3.73 m x 3.66 m
  • Other Main Level 2.74 m x 1.83 m Note: Breakfast Room/Nook
  • Kitchen Main Level 4.88 m x 2.90 m
  • Dining Main Level 2.74 m x 2.44 m
  • Living Main Level 5.79 m x 5.03 m

Courtesy of: Royal LePage Kelowna

This listing content provided by Association of Interior REALTORS®.

Additional Photos