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1269 Belaire Avenue | $1,888,000
Al Vandermey Agent Photo
Al
Vandermey
C. (250) 809-4400
 P. (250) 494-0505
 Phone Al thevandermeys.ca
ROYAL LEPAGE PARKSIDE RLTY SML
Box 930, 9925 Main Street
 Summerland, BC
 Canada V0H 1Z0

Details

%
Years (35 year max)
Years



Address 1269 Belaire Avenue
AreaCentral Okanagan
Sub AreaSFS - Springfield/Spall
State/ProvinceBritish Columbia
CountryCanada
Price$1,888,000
Property TypeSingle Family - Detached
Bedrooms3
Bathrooms2
Half Baths0
Floor Space1840 Square Feet
Lot Size0.23 Acres
WaterfrontNo
Year Built1959
Taxes $8,229
Tax Year2024
MLS® #10325846

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).

Listed by ROYAL LEPAGE KELOWNA

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

I was born on the West Coast of Beautiful British Columbia and now feel very fortunate to reside here in the South Okanagan.

Having almost 25 years of experience specializing in Real Estate in the communities of Summerland, Penticton, Naramata, OK Falls and Kaleden, I bring a multitude of skills to the table and a genuine desire to help my clients realize their dreams.

Prior to joining the Real Estate Industry in 1994, I gained valuable service experience as an in-flight service specialist for the airlines, which paved the way for a career in Real Estate.

"I learned how to provide my clients with unmatched service, second to none".

 Shannon here! Al is a tough negotiator, always working for you, and he gets the job done!

 


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