$1,888,000
FOR SALE

Detached Bungalow

Bedrooms: 3Bathrooms: 2Lot: 83 x 0 ft

1269 Belaire Avenue
Kelowna, BC V1Y 6B8 | Springfield/Spall

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:47421)
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Listed By Royal LePage Kelowna
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10325846
Last Updated Oct 08, 2024
Property Summary
Property Type Detached

More like this:
Neighbourhood Springfield/Spall
Price History

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Detailed Information
Bedrooms 3
Bathrooms 2
Lot 83 x 0 ft
Amenities Nearby Public Transit, Schools, Shopping
Community Features Family Oriented
Features Level lot, See remarks
Listing Contract Date 2024-10-07
Municipal ID 003-354-407
Ownership Type Freehold
# of Parking Spaces 6
Property Type Single Family
Transaction Type For sale
Zoning Unknown
Building
Appliances Refrigerator, Dishwasher, Dryer, Range - Electric, Microwave, Washer
Architectural Style Bungalow
Basement Type Full
Constructed Date 1959
Construction Style (Attachment) Detached
Exterior Finish Stucco
Fire Protection Smoke Detector Only
Fireplace Fuel Unknown
Fireplace Present Yes
Fireplace Type Decorative
Flooring Type Carpeted, Laminate, Linoleum
Heating Fuel Electric
Heating Type Baseboard heaters
Roof Material Asphalt shingle
Roof Style Unknown
Stories Total 1
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
StorageBasement6'0'' x 7'0''
Family roomBasement21'0'' x 11'0''
Full bathroomMain levelMeasurements not available
BedroomMain level9'0'' x 11'0''
Primary BedroomMain level10'5'' x 12'0''
KitchenMain level9'5'' x 9'5''
Dining roomMain level10'5'' x 9'5''
Living roomMain level17'5'' x 11'5''
Full bathroomAdditional AccommodationMeasurements not available
BedroomAdditional Accommodation9'0'' x 10'5''
KitchenAdditional Accommodation10'0'' x 11'0''
Parking Spaces
Name Spaces
See Remarks
Land
Total Size 0.23 acres
Access Type Easy access
Amenities Public Transit, Schools, Shopping
Fence Type Fence
Landscape Features Level
Sewer Municipal sewage system
Size of Irregular Land 0.23

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