1402 / 1404 Inkar Road Lot# 1 & 2

Kelowna
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:58842)

Property Information

Property Type
Residential
SqUARE FOOTAGE
1435
 sqft
Structure Type
House
LAND SIZE
0.41 acres
Roof Type
Asphalt shingle
Lot
SEWER Type
Municipal sewage system
Parking Spots
6
stories
1.0
Floor Type

More Information

Security
View
Parking
Exterior
Composite Siding
Community
Pets Allowed, Pets Allowed With Restrictions
Common inTEREST
Freehold
Listing Key
27395081
MLS ID
10321955
listing agent
Stephanie Gilchrist
listing agent key
2034844
5
Beds
3
Baths
$
2299900

Virtual Tour

Location

Contact

Stephanie Gilchrist

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