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1257 Belaire Avenue | $1,888,000
Jenny Francisco Agent Photo
Jenny
Francisco
C. (250) 770-0199
 P. (250) 770-8671
 Phone Jenny www.jennyfranciscohomes.com
CENTURY 21 AMOS REALTY
104 - 383 Ellis Street
 Penticton, BC
 Canada V2A 4L8

Details

%
Years (35 year max)
Years



Address 1257 Belaire Avenue
AreaCentral Okanagan
Sub AreaSFS - Springfield/Spall
State/ProvinceBritish Columbia
CountryCanada
Price$1,888,000
Property TypeSingle Family - Detached
Bedrooms4
Bathrooms3
Half Baths1
Floor Space2798 Square Feet
Lot Size0.23 Acres
WaterfrontNo
Year Built1959
Taxes $8,409
Tax Year2024
MLS® #10325844

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).

Listed by ROYAL LEPAGE KELOWNA

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About

Representing Penticton and the South Okanagan homeowners and future

homeowners/investors, Jenny is committed to listening to her client’s needs and

using her negotiating skills to ensure a successful transaction.

Raised in Penticton, Jenny understands the numerous benefits of life in the

South Okanagan, with its four seasons to fully enjoy, she can attest that raising

her three daughters with her husband, is a wonderful place to raise a family.

Jenny has been doing property management for 34 years in the South

Okanagan and began her real estate career in 2007. Continuing to do both is

rewarding in assisting clients find their temporary or forever home. Jenny

specializes in residential and investment properties which go hand in hand with

her expertise in property management.

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