Hancock*
928 Baker Street
Cranbrook, BC
Canada V1C 1A5
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
Tyler’s past achievements include 7 year Gold Medal winner and 11 years in the “Top 50″ for the Kootenay Real Estate Board. Inducted into the Re/Max Hall of Fame (2001) and Re/Max Lifetime Achievement Award (2012). He has been involved with land development and is considered an expert in Buyer Agency. You won’t find many Realtors with this kind of background and experience that you will receive when working with Tyler.
Born in Saskatchewan, raised in Manitoba and living in Alberta for 15 years has developed Tyler into a true Western Canadian boy and he will most likely have some kind of connection with the buyer coming from these areas! Tyler has coached Hockey, Volleyball, Baseball and Basketball and was a director and vice president with Creston Valley Minor Hockey Association. Tyler and his family are passionate about golfing and skiing as well.