1402 / 1404 Inkar Road
Kelowna
Update on 2023-07-04 10:05:04 AM
$2,299,900
5
BEDROOMS
3 + 0
BATHROOMS
1435
SQUARE FEET
1969
YEAR BUILT
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.
COMMUNITY | SFS - Springfield/Spall |
TYPE | Residential |
STYLE | |
YEAR BUILT | 1969 |
SQUARE FOOTAGE | 1435.0 |
BEDROOMS | 5 |
BATHROOMS | 3 |
BASEMENT | Finished |
FEATURES |
GARAGE | |
PARKING | |
ROOF | Unknown |
LOT SQFT | 0 |
ROOMS | DIMENSIONS (m) | LEVEL |
---|---|---|
Master Bedroom | 0 x 0 | Main level |
Second Bedroom | 0 x 0 | Lower level |
Third Bedroom | 0 x 0 | Lower level |
Dining Room | 0 x 0 | Lower level |
Family Room | ||
Kitchen | 0 x 0 | Lower level |
Living Room | 0 x 0 | Lower level |
INTERIOR
EXTERIOR
Broker
Coldwell Banker Horizon Realty
Agent