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2560 Springfield Road | $3,488,000
RJ Toor* PREC Agent Photo
RJ
Toor* PREC*
C. (778) 220-7653
 P. (250) 374-3331
 Phone RJ
RE/MAX REAL ESTATE (KAMLOOPS)
258 Seymour Street
 Kamloops, BC
 Canada V2C 2E5

Details

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Years



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

RJ Toor

REALTOR®

rjtoorremax@gmail.com

RJ learned integrity, honesty and a strong work ethic as a child. They're traits that form the core values of his thriving business and he wouldn't have it any other way. Coupled with a solid foundation in today's latest technology, extensive sales experience and excellent communication skills, he offers a unique blend of expertise that keeps his clients coming back. RJ has been around real estate for a lifetime. As the eldest child in an immigrant family - where strong work ethic was learned - he was the only English speaker and the one his family leaned on, translating property transactions and dealing with bankers, lawyers, mortgage brokers and Realtors. So, it was natural for him to go into real estate. But first, he carved out a 22-year career in automotive industry and business management.

The real estate industry has changed dramatically over the years and, in this environment, RJ's extensive knowledge and sales and negotiating skills are especially valued. He is one of the select few agents to achieve Top Ten status in his first full year as a Realtor. And he was voted Best Realtor 2012 by the Readers Choice of Kamloops Daily News. This level of success means RJ, who specializes in residential and commercial real estate, earns referrals and repeat business from his many satisfied clients. He has deep roots in Kamloops, having lived in the community for many years with his wife, three children, and their Golden Mountain Doodle Maverick. A hockey enthusiast (he also enjoys skiing, wakeboarding and RVing), RJ is a strong proponent of volunteering and giving back. He has served extensively as a director on minor hockey boards in both Prince George and Kamloops and has been a team manager for several teams. Currently RJ is a board member with Kamloops Hospice Association as a Treasurer. Always calm under pressure and with a keen ability to really listen to his clients to understand their needs, he believes his greatest contribution is to be their trusted advisor, their advocate. They know they can count on him for an honest, thoughtful analysis of the market and local home  values and trends, and to help them navigate the complex buying and selling process. Put him to work for you today.



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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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