1761 Columbia Avenue
Castlegar, BC
Canada V1N 2W6
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
My Mission Statement
"To refine the experience of buying and selling Real Estate by cultivating a spirit of innovation, integrity, and collaboration"
At Scott Miller Real Estate, my job is to professionally collaborate to the best of my ability to ensure your lifestyle transition is as smooth and efficient as possible. As your lifestyle match-maker, I am here to facilitate your vision.
Together, let's create the communities we truly desire!
www.scottmillerrealty.ca