1402 / 1404 Inkar Road | $2,299,900
Heena Nagar Personal Real Estate Corporation Agent Photo
Heena Nagar
Personal Real Estate Corporation*
C. (250) 488-9339
P. (833) 817-6506
Phone Heena Nagar WWW.HEENANAGAR.CA
EXP REALTY
645 Main Street
Penticton, BC
Canada V2A 5C9

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

Heena Nagar Personal Real Estate Corportation - Best of Penticton Award Winner 2023.

With a passion for helping people and a commitment to excellence, I strive to provide top-notch service and deliver successful outcomes as your trusted Realtor. Whether you're seeking your dream property or aiming to sell your current one, rest assured that my dedication remains unwavering.

Grounded in compassion, integrity, trust, and hard work, my core values guide every interaction and decision.

Having transitioned from a dynamic career in Toronto's financial sector to embracing the serene beauty of the Okanagan, I bring valuable insights into diverse environments and lifestyles. Recognizing the importance of time and prioritizing your needs underscore my approach.

Real estate has long captivated my interest, cultivated since my early property investments in my 20's. Beyond real estate, my passions extend to art, painting, outdoor pursuits, and cherishing moments with loved ones—including my faithful companion, Dusty, whom you might spot me walking along Lakeshore Dr.

Engagement within the community is integral to my ethos. Currently serving as Vice-President on the Board of Directors for the Penticton Art Gallery and contributing to the Children's Showcase nonprofit, I am dedicated to fostering a vibrant community while leading a balanced lifestyle.

Please don't hesitate to reach out with your real estate inquiries. I'm here to support you every step of the way.


Heena  -  “Helping You Live Your Beautiful Life”