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$2,299,900
1402 / 1404 Inkar Road Lot# 1 & 2
Kelowna, British Columbia, British Columbia, V1Y8H7
MLS® Number: 10321955
Property description
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.
Building information
Type
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Constructed Date
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Construction Style Attachment
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Exterior Finish
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Half Bath Total
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Heating Fuel
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Heating Type
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Roof Material
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Roof Style
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Size Interior
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Stories Total
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Utility Water
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Land information
Sewer
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Size Irregular
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Size Total
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Rooms
Secondary Dwelling Unit
Bedroom
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Bedroom
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Full bathroom
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Kitchen
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Living room
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Dining room
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Other
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Other
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Main level
Primary Bedroom
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Full ensuite bathroom
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Bedroom
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Bedroom
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4pc Bathroom
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Living room
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Kitchen
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Dining room
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Lower level
Bedroom
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Bedroom
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Full bathroom
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Living room
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Dining room
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Kitchen
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Courtesy of Coldwell Banker Horizon Realty
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