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2560 Springfield Road | $3,488,000
Denise Bouwmeester Agent Photo
Denise
Bouwmeester
C. (250) 319-3876
 P. (250) 374-3331
 Phone Denise http://www.denisebouwmeestersales.com
RE/MAX REAL ESTATE (KAMLOOPS)
258 Seymour Street
 Kamloops, BC
 Canada V2C 2E5

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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 believe that Real Estate is a relationship business and happy customers are the life blood of the business. I have been selling real estate in Kamloops for 13 years and have enjoyed the business very much. I sell primarily residential and  some commercial real estate. I work out of REMAX Real Estate (Kamloop) and am a  REMAX Hall of Fame recipient. I also have a SRES designation, which is a Senior's Specialist. Round that up with a CNS designation, which is a Certified Negotiation Specialist. 

In my down time I am a Rotarian with The Rotary Club of Kamloops and we host the yearly Chefs in the City. We participate in other events including the twice yearly Rotary Food Drive, the Starfish Backpack program (the Starfish Backpacks are filled each week with fresh, healthy food and distributed to local school children). We give out bursaries, support the Royal Inland Foundation and help with individual events and situations, as they come up. We also support international programs. 

I am also involved with the Valleyview Association, in the community where I live. 

I have a hubby Peter of 42 years and two great girls, who now live in both end of the country with their hubbies, one in Fort St John, BC and one in Halifax, Nova Scotia. . Pete and I love Kamloops and all it has to offer. We  have invested in the community both with real estate and through volunteering.

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