1402 / 1404 Inkar Road | $2,299,900
Paul Glassford* Agent Photo
Paul
Glassford*
C. (250) 341-1395
P. (250) 341-6044
Phone Paul www.paulglassford.ca
MaxWell Rockies Realty
1214 7th Avenue Box 2280
Invermere, BC
Canada V0A 1K0

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

Hello and welcome to my site, with 21 years of being a full time Realtor in the Windermere Valley working for Buyers and Sellers I have great experience in finding People the perfect property for their needs and wants, Sellers need experience in dealing with negotiating the right deal for them to move onto their next stage in life. Being part of the RE/MAX Hall , Platinum Club, are all part of the portfolio I bring with myself to help in making Buying or Selling a wonderful experience in an exciting time of your life. Now The Best Part is I am now with MaxWell Realty and a wonderful group of like minded Realtors (R) working as a fantastic well experienced team.

Thank you

Paul