Pamela Hanson PREC* | 250-486-1119 (cell) | pamhanson@remax.net
Heather Smith Licensed Realtor | 250-486-7126 (cell) | hsmith@remax.net

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1402 / 1404 Inkar Road Lot# 1 & 2 Kelowna, British Columbia V1Y 8H7

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5 Bedroom 3 Bathroom 1435 sqft
See Remarks

$2,299,900

HUGE VALUE IN THE LAND, OFFERED AT OVER $750,000 UNDER ASSESSED VALUE. Development Opportunity offered at under $130 per sq ft for land. This location in the Capri-Landmark neighbourhood is near Gordon Drive, and Springfield Road. This area is an employment hub and an opportunity for development. The blueprint for the Capri-Landmark Urban Centre Plan includes: 1. Strategic Redevelopment: guidelines include the placement of parks, public spaces & a vibrant urban centre. 2. High-Density Living: Capri-Landmark is poised to evolve from predominantly single-family residences to a high-density housing hub. Imagine modern apartments, bustling commercial spaces & improved transportation networks converging in one dynamic locale. This lot may be able to accommodate 10 units X 3 bedrooms with rooftop patios, according to IH Design (see attached, buyer to do own due diligence). Immense potential here! BC Assessment Value for 1402 Inkar Rd: $1,772,000; for 1404 Inkar: $1,291,000. Total is $3,063,000, list price is WAY under assessed value. Ask for our construction quote available from Vision 1 Steel Corporation for pre-fab build costs of approx $165 per sq ft. (id:52811)

Property Details

MLS® Number 10321955
Property Type Single Family
Neigbourhood Springfield/Spall
Community Features Pets Allowed, Pets Allowed With Restrictions
Parking Space Total 6

Building

Bathroom Total 3
Bedrooms Total 5
Constructed Date 1969
Construction Style Attachment Detached
Exterior Finish Composite Siding
Heating Fuel Electric
Heating Type See Remarks
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 1
Size Interior 1435 Sqft
Type House
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 0.41
Size Total 0.41 Ac|under 1 Acre
Size Total Text 0.41 Ac|under 1 Acre
Zoning Type Unknown

Rooms

Level Type Dimensions
Lower Level Kitchen 10' x 10'
Lower Level Dining Room 10' x 10'
Lower Level Living Room 10' x 10'
Lower Level Full Bathroom 5' x 7'
Lower Level Bedroom 10' x 10'
Lower Level Bedroom 10' x 10'
Main Level Dining Room 10' x 10'
Main Level Kitchen 10' x 10'
Main Level Living Room 10' x 10'
Main Level 4pc Bathroom Measurements not available
Main Level Bedroom 10' x 10'
Main Level Bedroom 10' x 10'
Main Level Full Ensuite Bathroom 5' x 7'
Main Level Primary Bedroom 10' x 10'
Secondary Dwelling Unit Other 10' x 10'
Secondary Dwelling Unit Other 10' x 10'
Secondary Dwelling Unit Dining Room 10' x 10'
Secondary Dwelling Unit Living Room 10' x 10'
Secondary Dwelling Unit Kitchen 10' x 10'
Secondary Dwelling Unit Full Bathroom 5' x 7'
Secondary Dwelling Unit Bedroom 10' x 10'
Secondary Dwelling Unit Bedroom 10' x 10'

Utilities

Electricity Available
Sewer Available

https://www.realtor.ca/real-estate/27395081/1402-1404-inkar-road-lot-1-2-kelowna-springfieldspall

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