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2560 Springfield Road | $3,488,000
Shelley Parker *PREC Agent Photo
Shelley
Parker *PREC*
C. (250) 460-2855
 P. (250) 490-6302
 Phone Shelley http://www.parkerproperty.ca
PARKER REAL ESTATE
13242 Victoria Road N
 Summerland, BC
 Canada V0H 1Z0

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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Data Source: Statistics Canada
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

Shelley's educational background consists of a Marketing Management & Professional Sales diploma from BCIT, the Bachelor of Business Administration program at Okanagan College, and the Real Estate Trading Services & Broker's Licensing Course at UBC. Prior to entering the real estate arena - Shelley spent 10 years in the non-profit sector. Real estate is in Shelley's blood - her father was a realtor for 20+ years. Her forefathers were part of the history of Summerland - her father and grandfather were the contractors/ developers for the Sumac Ridge Golf and Country Club and many of the homes in the surrounding area.

For the past 19 years Shelley has put her knowledge, experience, skills and talents towards assisting individuals, families and investors in buying and selling real estate in the Okanagan Valley.

Shelley is known for her intuition and diligence. When a client is speaking with her, she is raptly focused and clearly understands the critical points of their needs and desires. This is why Shelley is respected and known as one of the top realtors in the area. She also employs encouragement and genuine caring as she creates a positive experience for both sides in any property transaction. Her business approach is direct and successful – she listens to her client’s needs and assures an honest and efficient transaction. 

In her free time, Shelley is passionate about maintaining the independent brokerage of Parker Real Estate, being a wife and mom to four kids, trying not to be the worst skier on the hill, nor the worse golfer on the course and going to "just a few" rock concerts.

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