1402 / 1404 Inkar Road Lot# 1 & 2 Kelowna, British Columbia V1Y 8H7

  • 1402 / 1404 Inkar Road Lot# 1 & 2, Kelowna, British Columbia  V1Y 8H7 - Photo 1 - 10321946
  • 1402 / 1404 Inkar Road Lot# 1 & 2, Kelowna, British Columbia  V1Y 8H7 - Photo 2 - 10321946
  • 1402 / 1404 Inkar Road Lot# 1 & 2, Kelowna, British Columbia  V1Y 8H7 - Photo 3 - 10321946
  • 1402 / 1404 Inkar Road Lot# 1 & 2, Kelowna, British Columbia  V1Y 8H7 - Photo 4 - 10321946
  • 1402 / 1404 Inkar Road Lot# 1 & 2, Kelowna, British Columbia  V1Y 8H7 - Photo 5 - 10321946
  • 1402 / 1404 Inkar Road Lot# 1 & 2, Kelowna, British Columbia  V1Y 8H7 - Photo 6 - 10321946

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$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:59282)


  • Property Details

    MLS® Number 10321946
    Property Type Vacant Land
    Neigbourhood Springfield/Spall
    RoadType Paved Road
  • Building

    Type Other
    UtilityWater Municipal Water
  • Land

    Acreage No
    CurrentUse Development Residential
    Sewer Municipal Sewage System
    SizeIrregular 0.41
    SizeTotal 0.41 Ac|under 1 Acre
    SizeTotalText 0.41 Ac|under 1 Acre
    ZoningType Unknown
  • Utilities

    Electricity Available
    Natural Gas Available
    Sewer Available
    Water Available

Mark Gidden
Realtor/Founder

Lloyd Taverner
Realtor/Senior Partner

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TESTIMONIALS

Our Valued Clients

  • Ashley Harvey

    Mark and his team helped us find our forever home, and we are so grateful for his experience and expertise. Mark was so patient while our infant cried while we hunted for the perfect house. We will use Mark and his team for years to come.


  • Jen Platman

    Lloyd was the best realtor we’ve ever worked with. He understands people and takes the time to listen. He was extremely helpful and made the process stress-free and seamless. Lloyd goes above and beyond for his clients and it shows. He truly enjoys what he does, he’s honest and makes you feel at ease. Our new home is our castle and Lloyd did everything to help us get there. This guy is real gem!


  • Tom S

    Mark helped us look for, negotiate, and purchase our family home. He was diligent, extremely professional and has an unsurpassed knowledge of the Kelowna and wider Okanagan areas. His name is mentioned anytime we have a friend looking to buy or sell their home. Many thanks Mark.