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Home BC Greater Kelowna Kelowna Central City Capri Landmark
1257 Belaire Avenue
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1257 Belaire Avenue $1,888,000
$1,888,000
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1257 Belaire Avenue
Kelowna, British Columbia V1Y6B8

MLS® Number: 10325844
4
Bedrooms
3
Bathrooms
2798
Square Feet

Listing 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). (37845621)

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
2798 sqft
Neighbourhood Name
Springfield/Spall
Title
Freehold
Land Size
0.23 ac|under 1 acre
Built in
1959
Annual Property Taxes
$8,409.70
Parking Type
See Remarks, Detached Garage (1)
Time on REALTOR.ca
36 days

Price and Sale History

Date Status Price
Sep 7, 2017 Sale Closed $665,000
Jul 13, 2012 Sale Closed $385,000
Nov 21, 2002 Sale Closed $210,000
Feb 13, 2002 Sale Closed $153,732

Building

Bathrooms
Total
3
Partial
1
Interior Features
Appliances Included
Refrigerator, Dishwasher, Dryer, Range - Electric, Microwave, See remarks, Washer & Dryer
Flooring
Ceramic Tile, Hardwood, Laminate
Basement Type
Full
Building Features
Features
Corner Site, One Balcony
Style
Detached
Architecture Style
Ranch
Heating & Cooling
Heating Type
(Electric), Hot Water, Other
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Unknown (Asphalt shingle)
Exterior Finish
Stucco, Wood siding
Neighbourhood Features
Amenities Nearby
Shopping
Parking
Parking Type
See Remarks, Detached Garage (1)
Total Parking Spaces
1

Measurements

Square Footage
2798 sqft

Rooms

MetricImperial
Main level
Foyer
Family room
Den
Bedroom
4pc Bathroom
2pc Ensuite bath
Primary Bedroom
Dining nook
Kitchen
Dining room
Living room
Second level
Laundry room
Basement
Other
Laundry room
Dining nook
Family room
Additional Accommodation
Full bathroom
Bedroom
Primary Bedroom
Kitchen
Living room

Land

Lot Features
Fencing
Fence
Frontage
84 ft
Other Property Information
Zoning Type
Unknown
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6

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