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Brandon & Lisa Grass

brandon@brandongrass.com +1(250) 212-5672

$ 1,888,000

Est. payment -/mo

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Active

1269 Belaire Avenue Kelowna, BC V1Y6B8

1,840 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,840 sqft

Price per Sqft $1,026

Subdivision Springfield/Spall

MLS® Listing ID 10325847

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 + 2 story U/G parkade, 51 unit condo/apartments, studio-2 bed units + 3 live work units at total 44,861 SF above ground. Current home offers 2 Bed up, 2 Bed Legal suite down. Home had major reno'd ~14 yrs ago - maple kitchens up/down, wood floors, Pex plumbing, windows, doors, insulation, etc. Value still mostly in land, and is “as is where is”. To be bought in w/ 1257 Belaire. Meas. 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 Baseboard heaters,

Exterior

Parking Features No

Fence Fence

View Y/N No

Roof Type Unknown

Total Parking Spaces 6

Private Pool No

Building

Lot Description Level

Sewer Municipal sewage system

Listed by Royal LePage Kelowna

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+1(250) 212-5672

brandon@brandongrass.com

1631 Dickson Ave, Kelowna, V1Y, 0B5, CAN

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