Inkar Road, Kelowna
MLS® 10321955
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:36863)
Property Details
- Full Address:
- Inkar Road, Kelowna, British Columbia
- Price:
- $ 1,995,000
- MLS Number:
- 10321955
- List Date:
- September 10th, 2024
- Lot Size:
- 0.41 ac
- Year Built:
- 1969
- Taxes:
- $ 7,878
Interior Features
- Bedrooms:
- 5
- Bathrooms:
- 3
- Heating:
- Electric, See remarks
Building Features
- Storeys:
- 1
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Roof:
- Asphalt shingle, Unknown
- Zoning:
- Unknown
- Exterior:
- Other
- Garage Spaces:
- 6
- Ownership Type:
- Freehold
- Taxes:
- $ 7,878
Floors
- Finished Area:
- 1435 sq.ft.
Land
- Lot Size:
- 0.41 ac
Neighbourhood Features
- Amenities Nearby:
- Pets Allowed, Pets Allowed With Restrictions
Ratings
Commercial Info
Location
Mortgage Calculator
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