Property Type: Detached HouseOwnership: Freehold

1402 / 1404 Inkar Road Lot# 1 & 2

Kelowna, BC V1Y8H7

$1,749,900

5 bed3 bath6 parking1,435 sqftBuilt 1969
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.41 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$7,878.07

Interior

Heating
Electric, See remarks
Fireplace
None

Exterior & Lot

Exterior features
Other

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
6

Restrictions & Policies

Pets
Allowed, Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Living roomSecondary Dwelling Unit10' x 10'
KitchenSecondary Dwelling Unit10' x 10'
Full bathroomSecondary Dwelling Unit7' x 5'
BedroomSecondary Dwelling Unit10' x 10'
BedroomSecondary Dwelling Unit10' x 10'
KitchenLower level10' x 10'
Dining roomLower level10' x 10'
Living roomLower level10' x 10'
Full bathroomLower level7' x 5'
BedroomLower level10' x 10'
BedroomLower level10' x 10'
Dining roomMain level10' x 10'
KitchenMain level10' x 10'
Living roomMain level10' x 10'
4pc BathroomMain level
BedroomMain level10' x 10'
BedroomMain level10' x 10'
Full ensuite bathroomMain level7' x 5'
Primary BedroomMain level10' x 10'
OtherSecondary Dwelling Unit10' x 10'
OtherSecondary Dwelling Unit10' x 10'
Dining roomSecondary Dwelling Unit10' x 10'

Listing Information

MLS®
10321955
Listed
September 10, 2024
Time on market
On the market for 720 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Horizon Realty · Data source: CREA DDF.

Description

Huge value in the land, with this Development Opportunity. 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 including 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! Ask for our construction quote available from Vision 1 Steel Corporation for pre-fab build costs. (id:63159)

Values & Trends

This listing

$1,219/sqft

Building average

No other active listings in this building

Springfield/Spall average

$671/sqft

30 active listing(s)

Parking: 6 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Clear

15°C

Clear

Humidity 76%

Wind NNW 4 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

144,576

(2021 Census)

+13.5% since 2016

Density: 682.4/km²

Dwellings: 67,115

Median household income: $82,000

After-tax: $73,500

Immigrant population: 15.3%

Top countries of origin (% of total population)

  • United Kingdom2.1% · 3,055
  • India1.6% · 2,335
  • Philippines1.1% · 1,620
  • Germany1.1% · 1,540
  • United States of America1% · 1,375
  • China0.7% · 960
  • Poland0.4% · 585
  • South Africa, Republic of0.4% · 525

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

41

6/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
A S Matheson ElementaryElementary656 m
St Joseph Elementary School(Independent)Elementary1.2 km
Central School ProgramsK-121.3 km
Central SecondarySecondary1.3 km
Bankhead ElementaryElementary1.6 km
Kelowna SecondarySecondary1.7 km
Kelowna Christian School(Independent)K-121.9 km
Immaculata Regional High School(Independent)Secondary1.9 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (5+)

  • Shady Rest · 1359 Sutherland Avenue271 m
  • Noodlebox427 m
  • K-Town Pizzeria · 1470 Harvey Avenue554 m
  • umé · 1470 Harvey Avenue560 m
  • Yum Yum Tree · 1835 Gordon Drive574 m

Cafes (3)

  • Bean Scene604 m
  • Starbucks747 m
  • Fezziwig's Bakery-Cafe768 m

Grocery (2)

  • Bulk Barn456 m
  • Peter's Your Independent Grocer · 1835 Gordon Drive582 m

Parks (5+)

  • Pacific Court Park159 m
  • Stillingfleet Park380 m
  • Mary Ann Collinson Memorial Park479 m
  • Sutherland Avenue Recreation Corridor518 m
  • Millbridge Park686 m

Gyms (3)

  • Flow Academy393 m
  • Invati Yoga+Wellness453 m
  • GoodLife Fitness535 m

Banks & ATMs (3)

  • Coast Capital Savings · 1544 Harvey Avenue613 m
  • Buster's Pizza & Donair - Kelowna - Bitcoin Well ATM · 1607 Sutherland Avenue643 m
  • BMO762 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($349,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,399,920.00
Periodic payment — Principal & Interest (monthly)$9,031.81
Additional monthly expenses (strata, tax, utilities, etc.)$728.51
Total monthly cost$9,760.31
Interest paid over 5-yr term$401,221.10
Balance at end of term$1,259,232.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$349,980
Stress test qualifying rate8.09%
Payment you must qualify for$10,764.89

Cash Needed at Closing

Minimum down payment$349,980
Estimated BC PTT$32,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$384,478

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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