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1402 / 1404 Inkar Road | $2,299,900
Sheila Chutskoff Agent Photo
Sheila
Chutskoff
C. (250) 575-0718
 P. (250) 480-3000
 Phone Sheila
Fair Realty
191 Baker Street
 Nelson, BC
 Canada V1L 4H1

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Address 1402 / 1404 Inkar Road
AreaCentral Okanagan
Sub AreaSFS - Springfield/Spall
State/ProvinceBritish Columbia
CountryCanada
Price$2,299,900
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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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

Sheila was born and raised just outside of Nelson, British Columbia and has lived in the Okanagan for over 20 years.  She currently does real estate in both the Okanagan and West Kootenay regions.   Sheila attended Royal Roads University in Victoria BC where she completed a Bachelors of Commerce in Entrepreneurial Management. She also has a diploma in Management and Marketing, and a Plant Based Nutrition Certificate from Cornell University. Sheila is the Co-Founder and has worked as a CEO for a franchising fitness chain for over 15 years, and before this, she held the role of Regional Manager with lululemon, where she helped grow the company from 4 to over 150 stores.   Sheila is also a certified yoga instructor and a business coach. 

Her true passion is seeing everyone around her succeed in life.  Sheila has a wide variety of experience in both residential real estate, commercial real estate, and new builds.   Her experience lies in buying, selling, leasing, and interior design.  She has been active in both the residential and commercial real estate market for over 20 years.  

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