BC > Kelowna > Springfield-Spall
Kelowna, BC V1Y8H7,1402 / 1404 Inkar Road Lot# 1 & 2
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Kelowna, BC V1Y8H7,1402 / 1404 Inkar Road Lot# 1 & 2
Kelowna, BC V1Y8H7,1402 / 1404 Inkar Road Lot# 1 & 2
Kelowna, BC V1Y8H7,1402 / 1404 Inkar Road Lot# 1 & 2
Kelowna, BC V1Y8H7,1402 / 1404 Inkar Road Lot# 1 & 2
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Jordan Rossman

Jordan Rossman

+1(705) 345-0797
$ 2,299,900
Est. payment /mo
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1402 / 1404 Inkar Road Lot# 1 & 2 Kelowna, BC V1Y8H7

5 Beds

3 Baths

1,435 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,435 sqft

Price per Sqft $1,602

Subdivision Springfield/Spall

MLS® Listing ID 10321955

Bedrooms 5

Originating Board Association of Interior REALTORS�

Year Built 1969

Lot Size 0.410 Acres

Acres 17859.6

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. (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Extra Room 1 Lower level 10' x 10' Kitchen

Extra Room 2 Lower level 10' x 10' Dining room

Extra Room 3 Lower level 10' x 10' Living room

Extra Room 4 Lower level 5' x 7' Full bathroom

Extra Room 5 Lower level 10' x 10' Bedroom

Extra Room 6 Lower level 10' x 10' Bedroom

Interior

Heating , See remarks

Exterior

Garage No

Community Features Pets Allowed, Pets Allowed With Restrictions

Waterfront No

View Y/N No

Roof Type Unknown

Total Parking Spaces 6

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by Coldwell Banker Horizon Realty

Jordan Rossman

+1(705) 345-0797

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