Butler
P.o. Box 434
Salmon Arm, BC
Canada V1E 4N6
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
I received my real estate license through the University of British Columbia's Sauder School of Business. I've been a sales and marketing professional for over 25 years and have worked across all Canadian provinces and several states in the USA. As a serial entrepreneur, I helped launch three advertising agencies across Canada, relocating twice to Quebec and once to the United States. I also held the role of Vice President of Marketing for North America at ONNI Real Estate Development prior to pursuing my own career in real estate. I serve the entire region of Shuswap Lake (north and south) including Seymour Arm, and expand my real estate services to the communities of Adams Lake, Chase, Monte Creek, Pinantan Lake, Pritchard and Kamloops.
On a personal note, I love spending as much time as possible with my husband, our son, and our two adopted dogs. You'll mostly catch us enjoying the great outdoors together either hiking, biking, skiing, snowshoeing or boating around Shuswap Lake. I look forward to helping you realize your own real estate dreams in and around the Shuswap. Whether you're looking to buy a new home in the Shuswap or sell your current property, I'd love to help!
Sincerely,
Alycia Butler