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Lot 1 & 2-1402 / 1404 Inkar Road | $1,995,000
Joe Webber Agent Photo
Joe
Webber
C. (250) 341-8262
 P. (250) 342-5599
 Phone Joe joewebber.ca
ROYAL LEPAGE ROCKIES WEST
492 Hwy 93/95
 Invermere, BC
 Canada V0A 1K2

Details

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Years



Address 1402 / 1404 Inkar Road
AreaCentral Okanagan
Sub AreaSFS - Springfield/Spall
State/ProvinceBritish Columbia
CountryCanada
Price$1,995,000
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

I have been in the Columbia Valley for 17 years, raised 3 girls here, along with my wife of 25 years. The reason we chose to live here, simply put, is quality of life.

As an avid outdoors man, my knowledge of the Columbia Valley is vast. Whether you enjoy fishing, golfing, cycling or back country trails, allow me to help you achieve your quality of life.

Dedicated to providing the absolute best service and commitment to my clients is what drives me, I have been the service and hospitality industry for over 30 years, so I understand the hard work needed to create a comfortable relationship. I will work for you, whether buying or selling, the quality of transparent service you receive will be unparalleled.

Listing with Joe Webber will provide you with the best, up to date marketing program to ensure the best price and quickest sale.

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