1402 / 1404 Inkar Road | $2,299,900
Chris Town Agent Photo
Chris
Town
C. (250) 318-4106
P. (778) 765-1500
Phone Chris christown.evrealestate.com
ENGEL & VOLKERS KAMLOOPS
606 Victoria St
Kamloops, BC
Canada V2C 2B4

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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About

Chris Town was born and raised in Kamloops and has spent many years becoming familiar with the community and all it has to offer. He earned his real estate licence in 2008 and his managing broker licence in 2020. Since his first year in real estate, Chris has always had the passion to pursue greatness and be among the best in his field. 
It is this passion that led him to open his own brokerage, Engel & Volkers Kamloops, in 2019 with his brother and business partner, Matt. Since opening Engel & Volkers Kamloops, Chris has been able to enhance the experience he provides to his clients by using the brand’s many unique and intuitive tools. He takes pride in his commitment to his clients, as well as the positive office environment he has created for his fellow Advisors and his staff. 

When he’s not busy selling real estate, Chris can be found golfing, fishing, visiting Sun Peaks, and spending time with his lovely wife and two adorable sons!