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2560 Springfield Road | $3,488,000
Indy Bal* Agent Photo
Indy
Bal*
C. (778) 220-4639
 P. (250) 374-3331
 Phone Indy http://www.indybal.com/
RE/MAX REAL ESTATE (KAMLOOPS)
258 Seymour Street
 Kamloops, BC
 Canada V2C 2E5

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

I am a full time professional dedicated to offering hard work, honesty, integrity and enthusiasm; while focusing on listening carefully to my Buyer’s and Seller’s needs.  I have over a decade of experience and all the necessary tools that are essential to giving my clients every advantage possible in today's market. With RE/MAX, I am able to offer international exposure and maintain the competitive edge that you expect from your agent. With over 700 transactions in commercial and residential real estate, I have a proven history of experience and success that will get your home sold and the house you want for the best price.  

Professional Recognition and Awards

  • RE/MAX Real Estate Kamloops Top 3 REALTOR® – 2021, 2022
  • RE/MAX Real Estate Kamloops Top 5 REALTOR® – 2019, 2020
  • RE/MAX Titan Award 2022
  • KADREA Top 5 Agent -2021
  • KADREA Top 10 Agent – 2018, 2019, 2020, 2022
  • RateMyAgent.com – Top 10 Agent – 2019, 2020
  • RE/MAX Diamond Award - 2021
  • RE/MAX Chairman’s Club Award 2018, 2019, 2020
  • RE/MAX Real Estate Kamloops Top 10 REALTOR® – 2018
  • Royal LePage Diamond Award 2014, 2015, 2016 & 2017
  • Royal LePage Director’s Platinum Award 2010, 2011, 2012 & 2013
  • Royal LePage Westwin/Kamloops Top 10 REALTOR® – 2010 – 2017
I will not just assist you to buy or sell a piece of property, I will help you make your real estate dreams come true. To experience the quality, service and expertise you deserve, contact me today to discuss your housing needs. 

Indy Bal Personal Real Estate Corporation 
Office 250-374-3331
Cell 778-220-4639
Email indy@indybal.com
 
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"trading services" means any of the following services provided to or on behalf of a party to a trade in real estate:

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  2. making representations about the real estate
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