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:47421)
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Detailed Information
Bedrooms
4
Bathrooms
3
Lot
84 x 0 ft
Amenities Nearby
Shopping
Features
Corner Site, One Balcony
Listing Contract Date
2024-10-05
Municipal ID
009-695-940
Ownership Type
Freehold
# of Parking Spaces
1
Property Type
Single Family
Transaction Type
For sale
Zoning
Unknown
Building
Appliances
Refrigerator, Dishwasher, Dryer, Range - Electric, Microwave, See remarks, Washer & Dryer
Architectural Style
Ranch
Basement Type
Full
Constructed Date
1959
Construction Style (Attachment)
Detached
Exterior Finish
Stucco, Wood siding
Flooring Type
Ceramic Tile, Hardwood, Laminate
# of Half Bathrooms
1
Heating Fuel
Electric
Heating Type
Hot Water, Other
Roof Material
Asphalt shingle
Roof Style
Unknown
Stories Total
1
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Laundry room
Second level
5'9'' x 4'8''
Other
Basement
9'4'' x 5'6''
Laundry room
Basement
7'11'' x 5'4''
Dining nook
Basement
7'7'' x 6'5''
Family room
Basement
12'9'' x 10'10''
Foyer
Main level
12'6'' x 6'3''
Family room
Main level
16'0'' x 10'0''
Den
Main level
9'0'' x 8'6''
Bedroom
Main level
13'0'' x 12'0''
4pc Bathroom
Main level
6'8'' x 6'1''
2pc Ensuite bath
Main level
7'1'' x 5'4''
Primary Bedroom
Main level
12'3'' x 12'0''
Dining nook
Main level
9'0'' x 6'0''
Kitchen
Main level
16'0'' x 9'6''
Dining room
Main level
9'0'' x 8'0''
Living room
Main level
19'0'' x 16'6''
Full bathroom
Additional Accommodation
6'1'' x 5'7''
Bedroom
Additional Accommodation
12'0'' x 11'9''
Primary Bedroom
Additional Accommodation
12'8'' x 10'11''
Kitchen
Additional Accommodation
10'6'' x 7'9''
Living room
Additional Accommodation
17'8'' x 10'10''
Parking Spaces
Name
Spaces
See Remarks
Detached Garage
1
Land
Total Size
0.23 acres
Amenities
Shopping
Fence Type
Fence
Sewer
Municipal sewage system
Size of Irregular Land
0.23
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