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Home BC Greater Kelowna Kelowna Central City Capri Landmark
1402 / 1404 Inkar Road Lot# 1 & 2
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1402 / 1404 Inkar Road Lot# 1 & 2 $2,299,900
$2,299,900
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1402 / 1404 Inkar Road Lot# 1 & 2
Kelowna, British Columbia V1Y8H7

MLS® Number: 10321955
5
Bedrooms
3
Bathrooms
1435
Square Feet

Listing 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. (37717036)

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
1435 sqft
Neighbourhood Name
Springfield/Spall
Title
Freehold
Land Size
0.41 ac|under 1 acre
Built in
1969
Annual Property Taxes
$7,878.07
Total Parking Spaces
6
Time on REALTOR.ca
65 days

Building

Bathrooms
Total
3
Partial
0
Building Features
Style
Detached
Heating & Cooling
Heating Type
(Electric), See remarks
Utilities
Utility Type
Electricity (Available), Sewer (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Unknown (Asphalt shingle)
Exterior Finish
Composite Siding
Neighbourhood Features
Community Features
Pets Allowed, Pets Allowed With Restrictions
Parking
Total Parking Spaces
6

Measurements

Square Footage
1435 sqft

Rooms

MetricImperial
Main level
Dining room
Kitchen
Living room
4pc Bathroom
Bedroom
Bedroom
Full ensuite bathroom
Primary Bedroom
Lower level
Kitchen
Dining room
Living room
Full bathroom
Bedroom
Bedroom
Secondary Dwelling Unit
Other
Other
Dining room
Living room
Kitchen
Full bathroom
Bedroom
Bedroom

Land

Other Property Information
Zoning Type
Unknown
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6

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