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1257 Belaire Avenue | $1,888,000
Ember Shay Agent Photo
Ember
Shay
Jenvey Shay & Associates
 C. (250) 575-7271
 P. (250) 469-9547
 Phone Ember https://scottjenvey.com
SOTHEBY'S INTERNATIONAL REALTY CANADA
104 - 3477 Lakeshore Rd
 Kelowna, BC
 Canada V1W 3S9

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

COMPASSIONATE. STRATEGIC. VERSATILE.

With over 15 years of experience in real estate brokerage management, Ember is a seasoned expert in luxury new developments and custom homes throughout the Okanagan Valley. She has been at the forefront of premium projects, from lakeside resort condominiums to bespoke homes, guiding every phase from acquisition to completion. Ember’s extensive experience, which began with a key role in a private joint venture in West Kelowna, has made her an invaluable liaison between property owners, developers, and contractors.

What sets Ember apart is her academic background in psychology and counselling, which enables her to navigate client interactions with empathy and precision. Her ability to deeply understand the needs of all parties involved in a transaction fosters trust and ensures mutually beneficial outcomes. Ember’s hands-on approach and extensive knowledge of the luxury market make her a critical asset to any real estate project, providing clients with a smooth, guided, and stress-free experience.

Whether you are a first-time homebuyer, looking to sell a cherished home, or investing in new opportunities, Ember is dedicated to guiding you with clear, informed, and effective strategies, ensuring each step of your real estate journey is expertly managed.

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