2560 Springfield Road

Kelowna, BC V1X1C2 View Map $3,488,000 Schedule a Tour
Beds5
Baths3
Sq.Ft.2,240
Year1972
Kierra Smith and Andrew smith

Kierra Smith and Andrew smith

(250) 300-1114

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Status: Active
Property Type:House
MLS #:10275592
Sq. Feet:2,240
On Site:92 Days
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 currently zoned RU1 (2560 Springfield Rd) & RU4 (685-675 Ziprick Rd). The Sellers have submitted a rezoning application to MF2 (FAR 1 + 0.15 bonus) & 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. 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 ha 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:49859)

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Community Information

Address:2560 Springfield Road, Kelowna, BC V1X1C2
City:Kelowna
Subdivision:Rutland South
Postal Code:V1X1C2

Architecture

Bedrooms: 5
Bathrooms: 3
Year Built:1972
Style:Split level entry,Detached

Features / Amenities

Flooring: Carpeted, Laminate, Tile, Vinyl
Features: Level lot, Corner Site
Community Features: Pets Allowed, Rentals Allowed
Parking: See Remarks, Attached Garage 1
Garage Spaces: 1
Cooling: Wall unit
Heating: Baseboard heaters
Heating Fuel: Electric

Rooms

LevelSize
Laundry roomSecond level6'4'' x 5'5''
Primary BedroomSecond level13'7'' x 11'11''
BedroomSecond level10'9'' x 10'2''
4pc BathroomSecond level8'7'' x 4'10''
Living roomSecond level14'0'' x 13'0''
Dining roomSecond level12'0'' x 8'4''
KitchenSecond level12'0'' x 9'10''
4pc BathroomBasement12'8'' x 5'4''
Primary BedroomBasement11'7'' x 10'5''
BedroomBasement11'8'' x 8'0''
KitchenBasement10'0'' x 9'0''
Living roomBasement24'0'' x 11'11''
4pc BathroomMain level6'5'' x 5'0''
Primary BedroomMain level11'10'' x 6'2''
Living roomMain level13'8'' x 11'10''
KitchenMain level9'6'' x 7'0''

Property Features

Lot Dimensions:0.65 ac|under 1 acre
Lot Features: Level
View: City view, View (panoramic)
Frontage Length: 169 ft
Lot Size: 0.65 ac|under 1 acre
Sewer: Municipal sewage system
Water: Municipal water
Zoning:Unknown

Schools & Parks

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2560 Springfield Road Kelowna,  BC V1X1C2
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2560 Springfield Road Kelowna, BC V1X1C2
 
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Listing Information Last Updated 2/28/2024
Listing provided courtesy of Coldwell Banker Horizon Realty.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Royal LePage Kelowna are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.