2560 Springfield Road
Kelowna
V1X 1C2
$3,488,000
Single Family
beds: 5
baths: 3.0
built: 1972
- Status:
- Active
- Prop. Type:
- Single Family
- MLS® Num:
- 10275592
- Bedrooms:
- 5
- Bathrooms:
- 3
- Year Built:
- 1972
- Photos (35)
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Prime land assembly opportunity on the corner of Springfield and Ziprick, directly across from Mission Creek Regional Park. Whether you’re looking for a holding property, cash flow investment, or land to build on- this designated “Core Neighbourhood” parcel offers all the above. The land assembly is 0.651 acres (28,357 SF), & made up of two lots (2560 Springfield Rd & 685-675 Ziprick Rd) currently zoned MF1. City Council has been supportive of rezoning to MF2 (FAR 1 + 0.15 bonus) & Seller's have architectural plans for a 16-unit (approx. 1500 SF each) townhouse development. In the meantime, the landlords are collecting approximately $11,052/month in rents = 132,624/yr (total). Gross cap rate = approx. 3.8. There are two bus stops within 80 m and the city has designated both Springfield & Ziprick as “Major Arterial” transportation networks with bike lane & infrastructure improvements on the horizon. Walking distance to Springvalley Elementary & Middle Schools, Costco, Orchard Park Mall, and across the road from 94 hectares of trails at Mission Creek Regional Park. Across Ziprick is City owned property set aside for public service utilities & additional green space. Located halfway between UBCO & the future downtown campus (less than 8 km to both), 10 km from YLW (international airport), & 50 minutes to world-class Big White Ski Resort. This is a comprehensive & rare offering, sure to catch the attention of any savvy investor. What are you waiting for!? (id:2493)
- Property Type:
- Single Family
- Common Interest:
- Freehold
- Property Attached:
- No
- Total Living Area:
- 2,240 sq. ft.
- Transaction Type:
- For sale
- Zoning:
- Unknown
- Ownership Type:
- Freehold
- Taxes:
- $4,091.02 / -
- Community:
- Rutland South
- Amenities:
- Golf Nearby, Airport, Park, Recreation, Schools, Shopping, Ski area
- Exterior Features:
- Stucco, Composite Siding
- Community Features:
- Pets Allowed, Rentals Allowed
- View:
- City view, View (panoramic)
- Structure Type:
- House
- Home Style:
- Split level entry
- Age:
- 52 years
- Bedrooms:
- 5
- Bathrooms:
- 3.0
- Half Bathrooms:
- 0
- Roof:
- Asphalt shingle, Unknown
- Construction Style Attachment:
- Detached
- Construction Style Split Level:
- Other
- Cooling:
- Wall unit
- Exterior Finish:
- Stucco, Composite Siding
- Fireplace:
- No
- Floor finish:
- Tile, Laminate, Carpeted, Vinyl
- Heating:
- Baseboard heaters, Electric
- Roof Style:
- Asphalt shingle, Unknown
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Basement:
- Full
- Land Amenities:
- Golf Nearby, Airport, Park, Recreation, Schools, Shopping, Ski area
- Landscape Features:
- Level
- Lot Frontage:
- 169'
- Acreage:
- No
- Lot Size:
- 0.65 acre(s)
- Lot Size:
- 0.65 ac|under 1 acre
- Lot Details:
- 0.65
- Lot Features:
- Level lot, Corner Site
- Parking:
- Attached Garage, See Remarks
- Total Parking Spaces:
- 10
- Floor
- Type
- Size
- Other
- Main level
- Primary Bedroom
- 11'10" × 6'2"
- 6'2'' x 11'10''
- Main level
- Living room
- 13'8" × 11'10"
- 11'10'' x 13'8''
- Main level
- Kitchen
- 9'6" × 7'
- 7'0'' x 9'6''
- Second level
- Laundry room
- 6'4" × 5'5"
- 5'5'' x 6'4''
- Second level
- Primary Bedroom
- 13'7" × 11'11"
- 11'11'' x 13'7''
- Second level
- Bedroom
- 10'9" × 10'2"
- 10'2'' x 10'9''
- Second level
- Living room
- 14' × 13'
- 13'0'' x 14'0''
- Second level
- Dining room
- 12' × 8'4"
- 8'4'' x 12'0''
- Second level
- Kitchen
- 12' × 9'10"
- 9'10'' x 12'0''
- Basement
- Primary Bedroom
- 11'7" × 10'5"
- 10'5'' x 11'7''
- Basement
- Bedroom
- 11'8" × 8'
- 8'0'' x 11'8''
- Basement
- Kitchen
- 10' × 9'
- 9'0'' x 10'0''
- Basement
- Living room
- 24' × 11'11"
- 11'11'' x 24'0''
- Floor
- Ensuite
- Pieces
- Other
- Main level
- No
- 4
- 5' x 6'5"
- Second level
- No
- 4
- 4'10" x 8'7"
- Basement
- No
- 4
- 5'4" x 12'8"
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Listed by Coldwell Banker Horizon Realty
Data was last updated October 31, 2024 at 02:15 AM (UTC)
Area Statistics
- Listings on market:
- 78
- Avg list price:
- $344,950
- Min list price:
- $239,000
- Max list price:
- $3,488,000
- Avg days on market:
- 72
- Min days on market:
- 1
- Max days on market:
- 525
- Avg price per sq.ft.:
- $452.73
These statistics are generated based on the current listing's property type
and located in
Rutland South. Average values are
derived using median calculations.
- Scott Jenvey
- Sotheby's International Realty Canada
- 250.808.6240
- sjenvey@sothebysrealty.ca
- Ember Shay
- Sotheby's International Realty Canada
- 250.575.7271
- ember.shay@sothebysrealty.ca
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