Griffith
1013 Canyon Street
Creston, BC
Canada V0B 1G0
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
I know this area very well, having lived in Creston since I was nine years old, when my family moved here from Prince George, BC. My family and I truly appreciate the nice mild winters and wonderful fresh fruit and vegetables that are grown in this beautiful valley. My list of enjoyable things to do in the area includes hiking the mountains, walking my dog and enjoying the scenery, golfing on the challenging Creston Golf Course and swimming in the newly renovated recreation center. I also belong to a women’s singing group, Key of She, which I enjoy very much.
Experience
I have first hand knowledge of the real estate industry, having worked for 8 years as the office administrator at RE/MAX Discovery Real Estate before taking the courses and getting my real estate license. I previously held positions in the accounting profession for more than twenty years here in Creston. I am very detail oriented, conscientious and confidential. I understand the responsibility entrusted to me by both buyers and sellers, specifically the responsibility associated with handling such a major, lifelong investment as that of one’s home. I do not take this responsibility lightly. Key principles for me are commitment and integrity. I am a member of the Canadian Real Estate Association, the B.C. Real Estate Association and the Kootenay Association of Realtors.
I raised my three children in this valley and family is very important to me. It has become my passion to help other families find their dream homes. I would love to help you find yours. I am Compassionate, Committed and Competent. Let's Make it Happen! Call Shelley Griffith!