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:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
5
Bathrooms
3
Community Features
Pets Allowed, Pets Allowed With Restrictions
Listing Contract Date
2024-09-10
Maintenance Fee Payment Frequency
Monthly
Municipal ID
028-602-455
Ownership Type
Freehold
# of Parking Spaces
6
Property Type
Single Family
Transaction Type
For sale
Zoning
Unknown
Building
Constructed Date
1969
Construction Style (Attachment)
Detached
Exterior Finish
Composite Siding
Heating Fuel
Electric
Heating Type
See remarks
Roof Material
Asphalt shingle
Roof Style
Unknown
Stories Total
1
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Kitchen
Lower level
10' x 10'
Dining room
Lower level
10' x 10'
Living room
Lower level
10' x 10'
Full bathroom
Lower level
5' x 7'
Bedroom
Lower level
10' x 10'
Bedroom
Lower level
10' x 10'
Dining room
Main level
10' x 10'
Kitchen
Main level
10' x 10'
Living room
Main level
10' x 10'
4pc Bathroom
Main level
Measurements not available
Bedroom
Main level
10' x 10'
Bedroom
Main level
10' x 10'
Full ensuite bathroom
Main level
5' x 7'
Primary Bedroom
Main level
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'
Utilities
Type
Description
Electricity
Available
Sewer
Available
Land
Total Size
0.41 acres
Sewer
Municipal sewage system
Size of Irregular Land
0.41
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