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1402 / 1404 Inkar Road | $2,299,900
Rico Manazza Agent Photo
Rico
Manazza
C. (236) 457-4230
P. (833) 817-6506
Phone Rico riccardomanazza.com
EXP REALTY
645 Main Street
Penticton, BC
Canada V2A 5C9

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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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

Welcome! I'm Riccardo, a passionate real estate professional based in Kelowna, BC. With a deep fascination for the real estate market and a commitment to providing exceptional service, I'm dedicated to helping individuals and families find their perfect homes.

My enthusiasm and determination drive me to deliver top-notch results. As a former contractor with a degree in mechanical engineering, I bring a unique perspective to the real estate field. My attention to detail ensures that every aspect of your transaction is handled meticulously, leaving no stone unturned.
Specializing in the vibrant Kelowna market, I strive to be your trusted guide throughout the buying or selling process. I understand the value of a home and the significance it holds for you and your loved ones. My goal is to provide you with personalized service that goes above and beyond your expectations.
Continual growth and learning are important to me. I stay up-to-date with the latest trends, market conditions, mortgage rates, and government programs, ensuring that I provide you with accurate information and valuable insights. Rest assured, I'm dedicated to keeping you informed and empowered throughout your real estate journey.
When it comes to client service, I believe in building lasting relationships based on trust and transparency. Effective communication is a priority, and I utilize various channels such as phone calls, emails, and text messages with lots of emojis so that I can provide my clients with updates and ensure your peace of mind. I'm always available to address your questions and concerns promptly.
My mission is simple: to find the perfect home for you or to guide you through a successful investment. I understand the importance of making informed decisions, and I'm here to provide the information and guidance you need. Whether you're a first-time buyer or a seasoned investor, I'm committed to helping you achieve your real estate goals.
In my spare time, I'm passionate about educating people about the benefits of real estate investment. I firmly believe that real estate is an excellent long-term investment, as it holds its value, acts as a hedge against inflation, and provides the essential need for shelter. Through entertaining and informative videos, I aim to share valuable insights and help you make sound investment decisions. I'm a well versed investor in Real estate and all of it's complicated aspects. I have the been there done that attitude and if I didn't I know somebody that did. 
Thank you for considering me as your real estate professional. I look forward to the opportunity to work with you and be a part of your real estate journey. Let's connect and explore the exciting possibilities together!

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