1402 / 1404 Inkar Road | $2,299,900
Andrew Manyluk Agent Photo
Andrew
Manyluk
C. (250) 870-4329
P. (250) 717-5000
Phone Andrew www.Manyluk.com
RE/MAX KELOWNA
100 - 1553 Harvey Avenue
Kelowna, BC
Canada V1Y 6G1

Details

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Years



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

 I moved here from Edmonton, Alberta in October 2021 with my beautiful wife Lyndsay, a wedding photographer, and our cat, Penner. I love the Okanagan not only for its local shops, wineries, and restaurants, but also for it’s outdoor activities like paddle-boarding, hiking, swimming, and floating in the lake.


I have 18 years of experience selling new homes for top builders, along with involvement in helping people buy and sell a variety of properties from duplexes, townhomes, custom single family homes and stratas. In 2022 after much encouragement from the people I love and have worked with I got my license in 2022. I love helping first time buyers, mover uppers, down-sizers and even  investors realize their house dreams and goals. I can’t imagine doing anything different.


When I am not helping my clients buy or sell, you can find me reading, listening to podcasts, being creative on social media, and paddle boarding with my wife.


I look forward to working with you.