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2560 Springfield Road | $3,488,000
Pamela Hass Agent Photo
Pamela
Hass
Pamela Hass
C. (250) 809-1420
 P. (250) 495-2606
 Phone Pamela pamelahass@royallepage.ca www.pamelahass.ca
ROYAL LEPAGE DESERT OASIS RLTY
8512 Main Street
 Osoyoos, BC
 Canada V0H 1V0

Details

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Address 2560 Springfield Road
AreaCentral Okanagan
Sub AreaRS - Rutland South
State/ProvinceBritish Columbia
CountryCanada
Price$3,488,000
Property TypeSingle Family - Detached
Floors in Building0
Bedrooms5
Bathrooms3
Half Baths0
Floor Space2240 Square Feet
Lot Size0.65 Acres
Year Built1972
Parking2 Spaces, Carport, Single garage
Taxes $4,091
Tax Year2024
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

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THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

Pamela was introduced into Real estate career as the administrative assistant with Realty World/ROYAL LEPAGE in 1990.  She was also an owner in a partnership of the office from 1994 -2008. She then decided to take the next step and become a Realtor.   With her many years of office experience & the contacts she made  it was a natural advancement  and was licenced in 2003.  Pamela's business is largely based on referrals of satisfied past clients and friends. This is a testament to her highly developed communication and negotiation skills. As a result of always putting her client's interests first and her diligent approach to making things happen. Pamela has earned a respected reputation of professionalism and competence within the industry and local community.

Pamela is a proud Shelter Foundation donor through Royal Lepage's own charity. A portion of each of her sales is donated which provides many women and children with shelters as well as funding violence prevention programs in many communities. Royal LePage is the only real estate company that has its own charity and worthy to note that each $ Dollar donated is 100% contributed to the charity.  

Real estate is about location, location, location. Pamela has 30 years  knowledge of the Osoyoos, Oliver area area and can help you find the right home for you or the right buyer for your home.
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