1402 / 1404 Inkar Road Lot# 1 & 2, Kelowna, British Columbia V1Y 8H7

Listed for:
$1,995,000
5 beds
3 baths
Listed 201 days ago
House for rent: 1402 / 1404 Inkar Road Lot# 1 & 2, Kelowna, British Columbia V1Y 8H7

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Learn more about this property
Listing provided by:
Coldwell Banker Horizon Realty
MLS® number:
10321955
Agent:
Stephanie Gilchrist
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About

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:27476)

Property Highlights

MLS® Number
10321955
Type
Single Family
Maintenance Fee
0.00
Ownership Type
Freehold
Land Size
0.41 ac|under 1 acre
Parking Space Total
6

Building

Building Type
House
Storeys
1.00
Square Footage
1435 sqft
Bathrooms Total
3
Bedrooms Total
5
Exterior Finish
Composite Siding
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
See remarks
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

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'
Other
Secondary Dwelling Unit
10' x 10'
Other
Secondary Dwelling Unit
10' x 10'
Dining room
Secondary Dwelling Unit
10' x 10'
Living room
Secondary Dwelling Unit
10' x 10'
Kitchen
Secondary Dwelling Unit
10' x 10'
Full bathroom
Secondary Dwelling Unit
5' x 7'
Bedroom
Secondary Dwelling Unit
10' x 10'
Bedroom
Secondary Dwelling Unit
10' x 10'

Location

Street Spotlight - For sale