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1402 / 1404 Inkar Road | $2,299,900
Keri-Lynn Burgart Agent Photo
Keri-Lynn
Burgart
C. (250) 494-7321
 P. (250) 494-7321
 Phone Keri-Lynn http://www.movetosummerland.ca
GIANTS HEAD REALTY
13200 Victoria Road N
 Summerland, BC
 Canada V0H 1Z0

Details

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Address 1402 / 1404 Inkar Road
AreaCentral Okanagan
Sub AreaSFS - Springfield/Spall
State/ProvinceBritish Columbia
CountryCanada
Price$2,299,900
Property TypeSingle Family - Detached
Bedrooms5
Bathrooms3
Half Baths0
Floor Space1435 Square Feet
Lot Size0.41 Acres
WaterfrontNo
Year Built1969
Taxes $7,878
Tax Year2024
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.

Listed by COLDWELL BANKER HORIZON REALTY

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

Summerland is the perfect setting of natural beauty and small town warmth. I am proud of our "Old English" towne centre and invite you to explore our many treasures. I have been in Real Estate since 1993 and have extensive knowledge of all the nooks and crannies hidden in our beautiful valley. Our daughters grew up here, giving me first hand experience of family activities and of our fantastic schools. Whether your move is for retirement, job relocation, or for that much needed change of pace. Let me be the first to say "Welcome to Summerland, Welcome Home!"

Please call me at 250.494.7321 or  You can also connect with me on facebook as well.


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