Sobkiw
Box 248
Creston, BC
Canada V0B 1G0
Details
Address | 2560 Springfield Road |
Area | Central Okanagan |
Sub Area | RS - Rutland South |
State/Province | British Columbia |
Country | Canada |
Price | $3,488,000 |
Property Type | Single Family - Detached |
Floors in Building | 0 |
Bedrooms | 5 |
Bathrooms | 3 |
Half Baths | 0 |
Floor Space | 2240 Square Feet |
Lot Size | 0.65 Acres |
Year Built | 1972 |
Parking | 2 Spaces, Carport, Single garage |
Taxes | $4,091 |
Tax Year | 2024 |
MLS® # | 10275592 |
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!?
Listed by COLDWELL BANKER HORIZON REALTY
Location
About
Hi, I’m Sheena and when I’m not with clients doing what I love, selling houses, you’ll find me with my German Shepherd, Adi, exploring the Kootenays!
From 7 years of selling new homes for a variety of builders, my portfolio consists of investors, first time home buyers, relocations, custom builds and more!
I have sold homes in Alberta, Saskatchewan and now BC which has given me the ability to adapt quickly to a new marketplace and has expanded my connections in many cities. Known for my eye for detail and competitive edge, my business platform presents as well as it performs.
I was first introduced to the Kootenays at a young age when we spent summer vacations at our family cabin in Crawford Bay. My parents, aunts and uncles and grandparents are now all proudly nestled into the Creston Valley. I am excited to continue growing my business in this community and use my connections throughout other provinces to help shed light on this beautiful area that I am lucky enough to call home.
Apart from my real estate passion, I love interior design, home renovations, a good latte and nature!