1402 / 1404 Inkar Road | $2,299,900
David Gentles* Agent Photo
David
Gentles*
C. (250) 354-8225
P. (250) 352-7252
Phone David www.nelsonrealty.ca
RE/MAX Four Seasons (Nelson)
601 Baker Street
Nelson, BC
Canada V1L 4J3

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

For 43 years I have been committed to providing my clients and customers with the highest level of personal service, professional representation and technical expertise in a no pressure environment. I like to play Devils Advocate for my clients to keep them grounded during what is usually a highly charged emotional process ensuring they have weighed all of their options.

With compassion and caring I seek to understand and satisfy your every need. For a no pressure experience please make me your Kootenay REALTOR®.

I provide real estate services such as Homes for SaleCommercial Properties for SaleLand for Sale and Advice on Real Estate in Nelson, BC as well as Kaslo, Salmo, Slocan, Passmore, Castlegar, Winlaw, Kootenay Lake Region and the Slocan Valley.

Whether buying a home or selling your property, drop by or email and let me be "Your key to the Kootenays®"!