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1402 / 1404 Inkar Road | $2,299,900
Shelley Parker *PREC Agent Photo
Shelley
Parker *PREC*
C. (250) 460-2855
P. (250) 490-6302
Phone Shelley http://www.parkerproperty.ca
PARKER REAL ESTATE
13242 Victoria Road N
Summerland, BC
Canada V0H 1Z0

Details

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Years (35 year max)
Years



Address 1402 / 1404 Inkar Road
AreaCentral Okanagan
Sub AreaSFS - Springfield/Spall
State/ProvinceBritish Columbia
CountryCanada
Price$2,299,900
Property TypeResidential Development
Lot Size0.41 Acres
WaterfrontNo
Taxes $7,878
Tax Year2024
MLS® #10321946

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

Shelley's educational background consists of a Marketing Management & Professional Sales diploma from BCIT, the Bachelor of Business Administration program at Okanagan College, and the Real Estate Trading Services & Broker's Licensing Course at UBC. Prior to entering the real estate arena - Shelley spent 10 years in the non-profit sector. Real estate is in Shelley's blood - her father was a realtor for 20+ years. Her forefathers were part of the history of Summerland - her father and grandfather were the contractors/ developers for the Sumac Ridge Golf and Country Club and many of the homes in the surrounding area.

For the past 19 years Shelley has put her knowledge, experience, skills and talents towards assisting individuals, families and investors in buying and selling real estate in the Okanagan Valley.

Shelley is known for her intuition and diligence. When a client is speaking with her, she is raptly focused and clearly understands the critical points of their needs and desires. This is why Shelley is respected and known as one of the top realtors in the area. She also employs encouragement and genuine caring as she creates a positive experience for both sides in any property transaction. Her business approach is direct and successful – she listens to her client’s needs and assures an honest and efficient transaction. 

In her free time, Shelley is passionate about maintaining the independent brokerage of Parker Real Estate, being a wife and mom to four kids, trying not to be the worst skier on the hill, nor the worse golfer on the course and going to "just a few" rock concerts.

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