Sefton
#1100 - 1631 Dickson Avenue
Kelowna, BC
Canada V1Y 0B5
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
Jeffrey lives in Oliver, BC and services the South Okanagan which includes Oliver, Osoyoos, Penticton and surrounding areas. To help his clients succeed Jeffrey has the solid backing of his team mates with the South Okanagan Home Team. With an organized team approach and systems in place, his clients can rest easy knowing that no opportunity is missed.
His approach to business is solutions based and with 14 years in the real estate industry he has built a strong network. Jeff specializes in residential real estate and helps people moving locally or relocating to the South Okanagan.
Jeffrey enjoys cycling, hiking and wine tasting, he's often out walking, hiking or visiting local Okanagan wineries.
AWARDS:
Masters Circle 2023
Prestige Award for Exemplary Sales & Service 2022
Chairman’s Award for Exemplary Sales & Service 2021
Prestige Award for Exemplary Sales & Service 2020
DESIGNATIONS:
SRES® Senior Real Estate Specialist
CIRE Luxury Property Specialist
MCNE® Master Certified Negotiation Expert (Real Estate Negotiation Institute)
“My measure of success is a satisfied client. I'm committed to providing you with service and results to ensure your satisfaction.”
TESTIMONIALS:
“Jeffrey’s expertise, experience and strong negotiating skills ensured our interests were always well-protected. He was always approachable and available by phone, email or in person whenever we needed him.”
Peter & Sandra
“Jeffrey provided outstanding services during the sale of my home! He knows the market very well and was able to get us a premium return. Jeffrey always took the time and care to make sure our needs were met”
Lindsay Lachance & Sterling Healey
“From the beginning we felt that you were actively on our side. With professional expertise and integrity, you guided us skillfully through an unfamiliar process. We are grateful to you for enabling the whole experience to be handled so quickly and painlessly!” David & Julie
“Since we were moving from another province, we knew we were going to rely on our realtor to not only help us find properties but view them on our behalf. We trusted Jeffrey a lot and he was able to tune in to the things we were looking for in a property. His ability to keep our needs and best interests in mind surpassed our expectations in every way. The result is the purchase of what is honestly our dream home that we would have never guessed we would find. We could not recommend Jeffrey highly enough — he is professional, well-informed, and smart — all of these qualities made our experience incredibly rewarding."
Justin & Danielle
Jeff walked me through the unknown and somewhat intimidating process of home-ownership with dedication & limitless patience. He is very knowledgeable and ethical; he made sure I was protected & that I understood each step of the process completely. Along the way, Jeff also took the stress away with his good-natured humor. " “I love my new home & couldn’t have done it without you!”
Barbara
Service Areas in the Okanagan: Oliver, Osoyoos, Penticton and surrounding areas of Keremeos, Summerland and Naramata. Jeffrey is connected to colleagues that service the areas further north of the South Okanagan to Kelowna, Vernon and Lake Country.