685-675 Ziprick Road

Kelowna, BC V1X4H6 View Map $3,488,000 Schedule a Tour
Beds8
Baths4
Sq.Ft.4,400
Year1988
Kierra Smith and Andrew smith

Kierra Smith and Andrew smith

(250) 300-1114

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Status: Active
Property Type:Duplex
MLS #:10275593
Sq. Feet:4,400
On Site:98 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:685-675 Ziprick Road, Kelowna, BC V1X4H6
City:Kelowna
Subdivision:Rutland South
Postal Code:V1X4H6

Architecture

Bedrooms: 8
Bathrooms: 4
Year Built:1988
Style:Split level entry,Semi-detached

Features / Amenities

Flooring: Carpeted, Linoleum
Features: Level lot, Corner Site
Community Features: Pets Allowed, Rentals Allowed
Parking: Other
Heating: Baseboard heaters
Heating Fuel: Electric

Rooms

LevelSize
BedroomSecond level11'7'' x 10'6''
Primary BedroomSecond level11'7'' x 11'10''
Laundry roomSecond level3'0'' x 5'0''
4pc BathroomSecond level6'7'' x 8'6''
KitchenSecond level9'4'' x 16'6''
Dining roomSecond level9'4'' x 16'6''
Living roomSecond level12'8'' x 18'0''
Laundry roomThird level4'6'' x 7'0''
BedroomThird level9'6'' x 11'2''
Primary BedroomThird level10'8'' x 11'6''
4pc BathroomThird level6'8'' x 8'0''
Living roomThird level13'0'' x 18'0''
KitchenThird level9'8'' x 11'8''
Dining roomThird level8'6'' x 11'8''
Laundry roomBasement4'6'' x 7'0''
Primary BedroomBasement10'8'' x 11'6''
BedroomBasement9'6'' x 11'2''
4pc BathroomBasement6'8'' x 8'0''
Living roomBasement13'0'' x 18'0''
KitchenBasement9'8'' x 11'8''
Dining roomBasement8'6'' x 11'8''
BedroomMain level11'7'' x 10'6''
Primary BedroomMain level11'7'' x 11'10''
Laundry roomMain level3'0'' x 5'0''
4pc BathroomMain level6'7'' x 8'6''
KitchenMain level9'4'' x 16'6''
Dining roomMain level9'4'' x 16'6''
Living roomMain level12'8'' x 18'0''

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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685-675 Ziprick Road Kelowna,  BC V1X4H6
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Listing Information Last Updated 3/5/2024
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.