1402 / 1404 Inkar Road | $2,299,900
Johni De Groot Agent Photo
Johni
De Groot
MACDONALD REALTY WESTBRIDGE
3175 Highway 33
Westbridge, BC
Canada V0H 2B0

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


Location

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About

Johni is a 20+ years of experience Realtor servicing the South Okanagan & specializing in the Rock Creek, Midway, Greenwood, Westbridge, Beaverdell, Christian Valley and specializing in rural properties, farms and ranches in the Kettle Valley and Rock Creek area. She has also sold many private homes, commercial & investment properties from Osoyoos to Grand Forks. She is a wealth of information about Boundary Country and can give you a personal tour of the listings in her area, while making the journey interesting and informative.

Looking for your 'perfect property'? I specialize in matching the right property to the right buyers! I help you fulfill your dreams! It is my passion to find you exactly what you are looking for, regardless of whether it is my listing or someone else's. This part of southern British Columbia, Canada is perfect for people who enjoy the fresh air, the outdoors, freedom and being surrounded by Crown Land. If you are interested in cattle ranching, want a small acreage on the river or a quiet affordable home in a rural town - I can match you up.