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2560 Springfield Road | $3,488,000
Allan Taylor Agent Photo
Allan
Taylor
Allan Taylor Real Estate Team
 C. (250) 498-9886
 P. (833) 817-6506
 Phone Allan http://www.allantaylor.ca
EXP REALTY
645 Main Street
 Penticton, BC
 Canada V2A 5C9

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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About


Education and Related Background

Allan Taylor graduated from North Vancouver Senior High and attended the University of British Columbia where he studied Economics and Psychology in his undergraduate years. Allan graduated with a Bachelor of Laws (LL.B) from the U.B.C. Faculty of Law.

Allan practiced law in private practice with an emphasis on real estate law - handling thousands of real estate related transactions. In his practice he acted for buyers, sellers, builders, developers and many financial institutions.

Allan Taylor left the private practice of law in 1980 and moved to the real estate brokerage business. Allan started in the real estate business with several years of very successful sales and then moved to sales management and the position of Vice President of Operations for Sussex Realty. The North Vancouver office very quickly became the No.1 sales volume office in the Greater Vancouver Board.

Allan Taylor ultimately became the President and CEO of Sussex Realty Corporation and was instrumental in building the organization from a one office sales firm to a diversified franchise organization of over 550 salespeople and 22 offices. Allan was also instrumental in the initiation of the company's very successful insurance and mortgage brokerage divisions.

Community Involvement

Allan Taylor has been very active in the community and has served:

- as an Alderman on the North Vancouver City Council;
- as a Board Member of the Lions Gate Hospital Board of Management;
- as a member of the North Vancouver City Advisory Planning Commission;
- as a Board Member and President of the Capilano College Foundation - currently serving as Past President;
- as a big brother in the Big Brothers' organization for several years;
- as a coach and manager of many children's sports teams including local football, softball and soccer teams;
- and, has served on many charitable fund raising committees;

Allan Taylor was awarded the "Distinguished Citizen Award" by the District of North Vancouver in 1991 as one of 100 citizens in the past 100 years to be recognized for achievement, community spirit and service to the community.

Allan is married to Carroll who is also a life time resident of the North Shore. Carroll is a full time real estate assistant to Allan - handling a multitude of duties including web-site management, marketing, and administration. Carroll and Allan have four grown children - Shelley, Steve, Theran and Ryan. Allan and Carroll have been full time residents of Osoyoos for the past 18 years.

Allan Taylor has the education, background and experience to provide you with the excellent service you deserve in the sale or purchase of your home.

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