Herron*
645 Main Street
Penticton, BC
Canada V2A 5C9
Details
Address | 1402 / 1404 Inkar Road |
Area | Central Okanagan |
Sub Area | SFS - Springfield/Spall |
State/Province | British Columbia |
Country | Canada |
Price | $2,299,900 |
Property Type | Single Family - Detached |
Bedrooms | 5 |
Bathrooms | 3 |
Half Baths | 0 |
Floor Space | 1435 Square Feet |
Lot Size | 0.41 Acres |
Waterfront | No |
Year Built | 1969 |
Taxes | $7,878 |
Tax Year | 2024 |
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
About
About Janet
Janet’s inspiration as a full service real estate professional is driven by “Creating Happy Clients”! She services the South Okanagan and connects buyers and sellers to help fulfill their real estate needs in a professional and friendly way. She is also an licensed insurance & financial processional so she can advise her clients on ways to protect their families, their assets and on creative opportunities to make their hard earn money work for them.
As a natural people person, she is inspired daily with her work because it changes constantly with every person she meets. “I focus on providing the best service possible in a time when service is being forgotten. This inspires me to learn more, to be better at what I do, and provide better service.”
Janet first came to the Okanagan in 2008 on a holiday with her husband, who was raised in Penticton, she immediately loved everything about Penticton: the people, the picturesque sceneries of lake, mountains and valleys, the weather, and of course the food and the wine. “This is a great community with all the necessary amenities to compliment the small town feel. I love that you can walk down the street and be greeted with a nice hello. This is truly a place to stay forever!”
I welcome you to come and explore the South Okanagan…