1402 / 1404 Inkar Road Lot# 1 & 2 Kelowna, British Columbia V1Y 8H7
$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:46227)
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 | Length | Width | 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
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 10 2024 08:50:30
Okanagan-Mainline Real Estate Board
Coldwell Banker Horizon Realty