Klejne PREC*
107-1664 Richter St
Kelowna, BC
Canada V1Y 8N3
Details
Address | 2560 Springfield Road |
Area | Central Okanagan |
Sub Area | RS - Rutland South |
State/Province | British Columbia |
Country | Canada |
Price | $3,488,000 |
Property Type | Single Family - Detached |
Floors in Building | 0 |
Bedrooms | 5 |
Bathrooms | 3 |
Half Baths | 0 |
Floor Space | 2240 Square Feet |
Lot Size | 0.65 Acres |
Year Built | 1972 |
Parking | 2 Spaces, Carport, Single garage |
Taxes | $4,091 |
Tax Year | 2024 |
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
Location
About
Licensed in 2010, Diana has built a very successful Real Estate
business in the Greater Vancouver Area, where she has thrived in a highly
competitive market through her award-winning client care, highest level of
service, people skills, and negotiating expertise. Diana was also consistently
in the top 10% of agents in the Greater Vancouver Real Estate Board, earning
her Medallion Award year after year, brokerage top agent awards, speaking
engagements, pod cast showcases, and more.
Since 2021 she has brought her
knowledge, experience, and drive to the Creston Valley and takes great pride in
what she does.
One thing you will
notice about Diana is that she is all about self-improvement, continuous
learning, and has amazing attention to excellence. She understands that buying
and selling a home is complex, and not only financially challenging, but
personally demanding. This perspective on the process and the responsibility
felt towards her clients is what drives her to be an expert in her field.
She understands the market, the
players involved, and all the variables that go along with it. Her main goal is
making sure you feel supported, and that you know you have a trusted advisor by
your side.
Throughout the years Diana has created
a solid referral-based business where her clients would refer her to their
family, friends, and colleagues, because they knew without a doubt that their
loved ones were in her professional hands. Diana is also well-versed and up to
date with all marketing including digital and technological trends to make your
Real Estate deal not only successful but also a lot of fun!
Diana is a natural relationship
builder and is committed to upholding lifelong relationships. Therefore, still
keeping close connections with past clients, & the top agents on the West
Coast allows her to give you more exposure, and to reach additional markets in
other parts of British Columbia. She brings with her an amazing work ethic,
marketing expertise, community involvement, and exceptional client care. She is
truly honored to be your trusted Real Estate Advisor, and it’s a role that she
takes very seriously.
She is looking forward to working with
you, getting to know you and is always here to help you achieve your Real
Estate goals!