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1402 / 1404 Inkar Road | $2,299,900
Jonathan Wall* Agent Photo
Jonathan
Wall*
C. (604) 202-3771
 P. (778) 622-3446
 Phone Jonathan Jonathanwallrealestate.com
ENGEL & VOLKERS SOUTH OKANAGAN
467 Main Street
 Penticton, BC
 Canada V2A 5C4

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

Thank you for visiting and trusting me with one of your most important financial transactions. Choosing the right REALTOR® is more than just a matter of price. Match yourself with the right professional that will guide you through an incredibly complex and likely stressful time. Ask questions and understand their process and how much attention and focus they can provide you and your home. 

 

I have been actively involved in the real estate market for over 20 years with experience in property investment, renovations, and vacation rentals. After a long career in Management with the Vancouver Canucks, I am excited to relocate to the Okanagan and apply my extensive business and analytics experience as a Real Estate Advisor. I have a long history in the Okanagan and am proud to have helped create and run the YoungStars hockey tournament in Penticton since its inception and currently sit as the Chair of the Local Organizing Committee of the event. I currently do regular segments on Sportsnet Vancouver Radio as well, providing additional attention and scope to my marketing efforts.

 

“I want to provide an elevated level of service and use over 20 years of professional experience to help my clients live their Okanagan dream. I connect directly into the major markets in Canada through an extensive professional and personal network while being a proactive presence in the Okanagan community.”

 

With a passion for living in the Okanagan, I am ready to help with your home buying and selling needs and as a proud member of the Engel & Völkers South Okanagan family, I carry the core values of competence, exclusivity, and passion into everything I do.

 

Living in Peachland, I can generally be found on a baseball diamond or soccer field with my kids and enjoying the many Okanagan beaches and lakes, mountain biking and golf.

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"trading services" means any of the following services provided to or on behalf of a party to a trade in real estate:

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