Radcliffe
P. (833) 817-6506
Phone Tricia Tricia@TheWoodTeam.ca http://TheWoodTeam.ca
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
Tricia is an advocate of active living and keeping it local. Ride, ski, hike, boat, eat, breathe, sip wine, enjoy our surroundings, that is her encouragement. She loves to share what's happening in her community with friends and family, and invite others to join in and experience what the Okanagan has to offer.
With a background in the service industry, Tricia believes that positive impact happens with a service attitude and is the number one value in how she runs her business. Likewise, skillful practice is paramount to maintaining excellent support, therefore, lifelong learning and new experiences are a constant in her career.
Tricia’s priorities in selling real estate are dependent on who she is serving, because what’s right for you may not align with someone else. Your priorities are her priorities, and you can have faith that she will look after your best interest. Selling, buying, both or neither, her commitment to serving you will not change, ensuring your transaction is a positive experience.