Waters
800 Seymour Street
Kamloops, BC
Canada V2C 2H5
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
Rick Waters is your real estate resource
Buying or selling a home is a big decision and you need an experienced professional to guide you through the process.
When you work with me, you can count on personal, attentive, patient service, excellent knowledge of the area, great negotiation skills and expert selling strategies.
Whether you’re buying or selling, I can help you with all your real estate needs.
I’m an experienced professional who will help you negotiate the best possible price. I’ll offer you sound advice!
I’ve been helping my clients buy and sell homes for 24 years and I'd be glad to help you!
Please give me a call today (c) 250-851-1013 or toll free (o) 1-866-374-1461 for a free, no-obligation consultation.
Thank you for your time, Rick.