For Sale

Inkar Road Unit# 1, Kelowna, British Columbia V1Y8H7

$2,299,900

Inkar Road Unit# 1, Kelowna, British Columbia V1Y8H7 is For Sale and has a listing price of 2,299,900. The property is located in the Central City neighbourhood. It's been on the website for 107 Days.

  • Single Family
    Property Type
  • Detached
    Building Style
  • 5
    Bedrooms
  • 3
    Bathrooms
  • 6
    Parking Spaces
  • MLS ID: 10321955
  • Office Name Coldwell Banker Horizon Realty
Property Description

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:43137)

Property Details
  • Virtual Tour: Click Here
  • Bedrooms: 5
  • MLS ID: 10321955
  • Bathrooms: 3
  • Price: $2,299,900
  • Transaction Types: For Sale
  • Ref ID: 27395081
  • Year Built: N/A
  • Building Type: House
  • Building Style: Detached
  • Property Type: Single Family
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
09/10/2024 10321946 $2,299,900 For Sale - -
09/10/2024 10321955 $2,299,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Kitchen - Lower 10' x 10'
Dining room - Lower 10' x 10'
Living room - Lower 10' x 10'
Full bathroom - Lower 5' x 7'
Bedroom - Lower 10' x 10'
Bedroom - Lower 10' x 10'
Dining room - Main 10' x 10'
Kitchen - Main 10' x 10'
Living room - Main 10' x 10'
4pc Bathroom - Main Measurements not available
Bedroom - Main 10' x 10'
Bedroom - Main 10' x 10'
Full ensuite bathroom - Main 5' x 7'
Primary Bedroom - Main 10' x 10'
Other - Secondary Dwelling Unit 10' x 10'
Other - Secondary Dwelling Unit 10' x 10'
Dining room - Secondary Dwelling Unit 10' x 10'
Living room - Secondary Dwelling Unit 10' x 10'
Kitchen - Secondary Dwelling Unit 10' x 10'
Full bathroom - Secondary Dwelling Unit 5' x 7'
Bedroom - Secondary Dwelling Unit 10' x 10'
Bedroom - Secondary Dwelling Unit 10' x 10'
Neighborhood Stats
Central City
  • $798,985 Average List Price
    based on 1 year
  • 55 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change -17.2%
  • 3 Month Change -6.0%
  • 6 Month Change -7.7%
Walkscore
  • 79 Walk Score
    Very Walkable
  • 54 Transit Score
    Good Transit
  • 97 Bike Score
    Biker's Paradise
Property Type Distribution
  • All Houses
    37.14%
  • Commercial
    12.45%
  • Condo
    49.93%
  • Land for Sale
    0.48%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Electric
  • Heating System See Remarks
  • Water Municipal Water
  • Exterior Composite Siding
  • Total Parking Spaces: 6
  • Fireplace False
  • Roof Deck Unknown
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 10/09/2024 00:00:00
  • Agent Name: Stephanie Gilchrist
  • Last Updated: 15/11/2024 12:55:58
Open House Dates
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