$2,299,900

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. (id:43334)

Property Details

MLS® Number	10321955
Property Type	Single Family
Neigbourhood	Springfield/Spall
Community Features	Pets Allowed, Pets Allowed With Restrictions
Parking Space Total	6

Building

Bathroom Total	3
Bedrooms Total	5
Constructed Date	1969
Construction Style Attachment	Detached
Exterior Finish	Composite Siding
Heating Fuel	Electric
Heating Type	See Remarks
Roof Material	Asphalt Shingle
Roof Style	Unknown
Stories Total	1
Size Interior	1,435 Ft2
Type	House
Utility Water	Municipal Water

Land

Acreage	No
Sewer	Municipal Sewage System
Size Irregular	0.41
Size Total	0.41 Ac|under 1 Acre
Size Total Text	0.41 Ac|under 1 Acre
Zoning Type	Unknown

Rooms

Level	Type	Length	Width	Dimensions
Lower Level	Kitchen			10' x 10'
Lower Level	Dining Room			10' x 10'
Lower Level	Living Room			10' x 10'
Lower Level	Full Bathroom			5' x 7'
Lower Level	Bedroom			10' x 10'
Lower Level	Bedroom			10' x 10'
Main Level	Dining Room			10' x 10'
Main Level	Kitchen			10' x 10'
Main Level	Living Room			10' x 10'
Main Level	4pc Bathroom			Measurements not available
Main Level	Bedroom			10' x 10'
Main Level	Bedroom			10' x 10'
Main Level	Full Ensuite Bathroom			5' x 7'
Main Level	Primary Bedroom			10' x 10'

Utilities

Electricity	Available
Sewer	Available

https://www.realtor.ca/real-estate/27395081/1402-1404-inkar-road-lot-1-2-kelowna-springfieldspall