Notify me of more listings like this...

Create your own personal listing search:

  • Get a specialty tailored website for all your matched properties.
  • Get notified immediately as a new property matches your search criteria.
  • Track properties as they sell.
  • Follow market trends and stats.
  • Gain access to all property details.
Always FREE, Sign up in under 1 minute!

Get Started
1402 / 1404 Inkar Road | $2,299,900
Steve Thompson* Agent Photo
Steve
Thompson*
C. (250) 487-7000
 P. (778) 476-7778
 Phone Steve www.teamthompson.com
CHAMBERLAIN PROPERTY GROUP
104 - 399 Main Street
 Penticton, BC
 Canada V2A 5B7

Details

%
Years (35 year max)
Years



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

Use two fingers to move the map
Street View Satellite
Use two fingers to scroll demographics
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.
(click to close)
Next
The blue circle drawn on the map represents the area which is most likely to contain listings comparable to 1402 / 1404 Inkar Road. If you wish, you may adjust the circle by dragging the white center handle to move it, or dragging one of its other white handles to resize it. Press the 'Next' button at the top when finished.

Adjust the values below if necessary

Bedrooms
  • 1+
  • 2+
  • 3+
  • 4+
  • 5+
Bathrooms
  • 1+
  • 2+
  • 3+
  • 4+
  • 5+

When finished, press the 'Next' button

When the sign up process is complete, you will receive an email which will contain login details and additional information to access your listings

The User acknowledges and agrees that real estate information provided through the PCS system is general in nature and does not constitute the provision of trading services to a consumer as defined in the Real Estate Services Act.

"trading services" means any of the following services provided to or on behalf of a party to a trade in real estate:

  1. advising on the appropriate price for the real estate
  2. making representations about the real estate
  3. finding the real estate for a party to acquire
  4. finding a party to acquire the real estate
  5. showing the real estate
  6. negotiating the price of the real estate or the terms of the trade in real estate
  7. presenting offers to dispose of or acquire the real estate
  8. receiving deposit money paid in respect of the real estate

but does not include an activity excluded by regulation.

By accessing the information a User does not establish or consent to an agency or any other relationship with the REALTOR® who is providing the User with access to this service.

Before providing trading services to or on behalf of a party to a trade in real estate, a REALTOR® must disclose to the party whether or not the REALTOR® will represent the party as a client. The User further acknowledges that should they wish to receive information other than that of "general" information or to engage the REALTOR® for any of the above referenced Trading Services activities, they may contact the REALTOR® who will, as required by the Real Estate Rules, present to the consumer the Disclosure of Representation in Trading Services form, and explain the special legal duties real estate professionals owe to their clients and help you choose whether you want to be a client of the REALTOR® or an Unrepresented Party, with no real estate professional representing you.

I agree, sign me up
Thank you! You will receive an email shortly, which will contain login details and additional information to access your listings. Close Oops, there was a problem signing up:

Try Again
Cancel