1402 / 1404 Inkar Road Lot# 1 & 2 For Sale

kelowna, British Columbia V1Y8H7
$ 2,299,900
$ 1,603 / Sq. Ft.
  • ©MLS 10321955
  • Area 1435 sq ft
  • Bedrooms 5
  • Bathrooms 3
  • Parkings 6

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:48970) Show More

Details

  • Constructed Date: 1969
  • Property Type: Single Family
  • Type: House
  • Neighbourhood: Springfield/Spall

Features

  • Pets Allowed
  • Pets Allowed With Restrictions
  • See remarks

Rooms Details For 1402 / 1404 Inkar Road Lot# 1 & 2

Type Level Dimension
Kitchen Lower level 10' x 10'
Dining room Lower level 10' x 10'
Living room Lower level 10' x 10'
Full bathroom Lower level 5' x 7'
Bedroom Lower level 10' x 10'
Bedroom Lower level 10' x 10'
Dining room Main level 10' x 10'
Kitchen Main level 10' x 10'
Living room Main level 10' x 10'
4pc Bathroom Main level Measurements not available
Bedroom Main level 10' x 10'
Bedroom Main level 10' x 10'
Full ensuite bathroom Main level 5' x 7'
Primary Bedroom Main level 10' x 10'

Location



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