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$579,900

1331 Belaire Avenue

Springfield/Spall, Kelowna · MLS® 10384837

4 bed · 2 bath · 1,884 sq ft · 0 sq ft lot · 2 parking

House · Single Family · built 1962 · 165 days on market

Listed by Marc Worley, eXp Realty (Kelowna)

Realtor's description

A great opportunity with this centrally located half duplex in up-and-coming Capri area. This property offers endless possibilities. Ideal as an investment property, holding property, flip project, or starter home. Zoned mixed-use UC2 zoning (up to 12 stories), this lot has exceptional future development potential for investors or builders looking to maximize value. The home itself is bright and functional, featuring a practical layout, spacious living areas, and private outdoor space. Currently rented for $4600 per month. Bring your ideas. Left Side of duplex, 1333 Belaire also for sale.

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 2
Living area: 1,884 sq ft
Lot: 0 sq ft
Parking: 2
Year built: 1962
Property tax: $3,089 / yr
Days on market: 165
MLS®: 10384837

Price check

2026 assessment: $629,000 · asking is -7.8%
Price per sq ft: $308 vs $551 median for houses in Springfield/Spall for sale (30)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 165 days · no price changes so far

The market here

Listed now: 72 days; median for 940 houses for sale; this one 165 days

Houses in Kelowna. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$629,000	$2,994

The listing shows $3,089 a year in property tax.

Estimate: the BC Assessment value times Kelowna's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$2,784/mo

Mortgage $2,527 · Tax $257

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$2,527/ monthly

loan $463,920

25-year amortization

down payment20% · $115,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $294,051
property transfer tax: $9,598; BC general rate
cash to close: $125,578; down + PTT
total paid: $757,971

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 897 m² (9,655 sq ft) · PID 029-296-196. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Springfield/Spall, KelownaGoogle Maps ↗

Location

Springfield/Spall, KelownaGoogle Maps ↗

Schools

Catchment schools, Central Okanagan School District 23

Elementary A.S. Matheson Elementaryhomes in this catchment
800 m away · 2090 Gordon Dr, Kelowna · 250-870-5112
Middle Klo Middlehomes in this catchment
2.4 km away · 3130 Gordon Dr, Kelowna · 250-870-5106
Secondary Kelowna Secondaryhomes in this catchment
2.0 km away · 1079 Raymer Ave, Kelowna · 250-870-5105

From the Central Okanagan School District 23's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Good to know

Wildfire
The BC Wildfire Service rates Kelowna's wildland urban interface as risk class 1 of 5 (the highest class). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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