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2560 Springfield Road Kelowna, British Columbia V1X 1C2

$3,488,000

5 Bedroom
3 Bathroom
2240 sqft
Split Level Entry
Wall Unit
Baseboard Heaters
Level

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 currently zoned RU1 (2560 Springfield Rd) & RU4 (685-675 Ziprick Rd). The Sellers have submitted a rezoning application to MF2 (FAR 1 + 0.15 bonus) & 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. 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 ha 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!? (id:26196)

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Property Details

MLS® Number 10275592
Amenities Near By Golf Nearby, Airport, Park, Recreation, Schools, Shopping, Ski Area
Community Features Pets Allowed, Rentals Allowed
Features Level Lot, Corner Site
Parking Space Total 10
Property Type Single Family
View Type City View, View (panoramic)

Building

Bathroom Total 3
Bedrooms Total 5
Architectural Style Split Level Entry
Basement Type Full
Constructed Date 1972
Construction Style Attachment Detached
Construction Style Split Level Other
Cooling Type Wall Unit
Exterior Finish Stucco, Composite Siding
Flooring Type Carpeted, Laminate, Tile, Vinyl
Heating Fuel Electric
Heating Type Baseboard Heaters
Roof Material Asphalt Shingle,unknown
Roof Style Unknown,unknown
Size Interior 2240 Sqft
Type House
Utility Water Municipal Water

Parking

See Remarks
Attached Garage 1

Land

Acreage No
Land Amenities Golf Nearby, Airport, Park, Recreation, Schools, Shopping, Ski Area
Landscape Features Level
Sewer Municipal Sewage System
Size Frontage 169 Ft
Size Irregular 0.65
Size Total 0.65 Ac|under 1 Acre
Size Total Text 0.65 Ac|under 1 Acre
Zoning Type Unknown

Rooms

Level Type Dimensions
Second Level Laundry Room 6'4'' x 5'5''
Second Level Primary Bedroom 13'7'' x 11'11''
Second Level Bedroom 10'9'' x 10'2''
Second Level 4pc Bathroom 8'7'' x 4'10''
Second Level Living Room 14'0'' x 13'0''
Second Level Dining Room 12'0'' x 8'4''
Second Level Kitchen 12'0'' x 9'10''
Basement 4pc Bathroom 12'8'' x 5'4''
Basement Primary Bedroom 11'7'' x 10'5''
Basement Bedroom 11'8'' x 8'0''
Basement Kitchen 10'0'' x 9'0''
Basement Living Room 24'0'' x 11'11''
Main Level 4pc Bathroom 6'5'' x 5'0''
Main Level Primary Bedroom 11'10'' x 6'2''
Main Level Living Room 13'8'' x 11'10''
Main Level Kitchen 9'6'' x 7'0''

https://www.realtor.ca/real-estate/25625321/2560-springfield-road-kelowna-rutland-south

Neighbourhood

One of the most highly sought after locations in Kelowna due to its central placement, Dilworth Mountain offers everything from smaller family homes to luxury multi-million dollar estates. Because of its close proximity to the downtown (approximately ten minutes away) all the amenities you could ever want are right at your fingertips. To top it off, Dilworth has some of the most breathtaking views of the city, and local orchards to the North are ideally located to get quality fresh fruit right when you want it.

Learn More about this Neighbourhood

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Client Love

ANDRE & SUZANNE DANSEREAU

Yes we are very pleased with what Shawn and Reece did for us.  Shawn went out of his way to enable us to purchase our property in West Kelowna which we are very happy with. I would highly recommend Shawn as an above average…

CRAIG HANSEN

We chose to list our home with Shawn and Reece for a few reasons. A relative of mine listed his home with them and found them very knowledgeable and professional. I also knew Shawn casually for many years but not professionally or socially. My wife and I met…

CLINTON AND LESLIE SCHNEE & FAMILY Kelowna, BC (previously of Calgary, Alberta)

The level of service you provided our family is unsurpassed in the realty industry. Besides being highly professional and diligent, you went the extra mile to make our family welcome. You have our full gratitude.

TIM & DEBBIE GRAUMAN Grizzly Metals—Business Partner

Looking for a new home is challenging. Finding a trustworthy realtor is even more challenging. We were aware that Shawn Worsfold would bring a strong personal commitment to integrity to his company. We were also looking for someone who would really “go to bat” for…

JULIA Photographer

Buying my first home was a really exciting, crazy and fast process . . . I had a great experience and I’m so happy with my new home! Thanks Shawn & Reece for helping me with everything! I couldn’t have asked for a better experience buying my first…

CAROL

Both Shawn and Reece were a delight to work with – we not only bought a property but we also sold one through them. In both instances they were very professional, fair, and thoughtful. We would highly recommend them to others, they are a great team who are…

DAN & CHRISTIE Emil Anderson Contracting

We had a good experience looking at all types of options around Kelowna, over many months, and we changed our preferences a number of times which Shawn and reece were able to accomodate. At times we felt too picky but at the end of the day, we were…

DIANNE HILDEBRAND

Shawn and Reece worked so patiently and cheerfully with me, showing me all the possibilities until finally I had found just the right place. They are an amazing team. They gave me their full attention and took my quest seriously, and at the same time we had a…

DEBOE & BRITTANY TRUSS First time home buyers!

Shawn and Reece were awesome to work with! They were very supportive and proactive when we were looking for our house. Not only did they recommend houses within our budget but they also shared their knowledge which helped us make the right decision. We ended up in a…

DOUG & KAREN Long time friends and repeat clients

In 2016 my husband and I needed a new home that would have room for mom.  Of course we asked our dear friends Shawn and Reece to please help us. We were so satisfied with their past services in both buying and that selling that we knew we…

LANCE MERRIFIELD

You won’t be disappointed hiring Shawn to sell your property! He will work hard to get the best offer for you and is honest with his feedback. I have listed two very difficult/unique properties with Shawn and the team, and each time he has done an amazing job.

DARYL & BRENDA NESTIBO

They worked on our house listing with attention to detail & a sense of urgency . We had offers within days and closed quickly with qualified buyers. Buying or selling, we highly recommend Shawn & Reece – a couple you can trust who are part of a very…

STEVE & KIM DEVRIES Kelowna, BC

For us, finding a home, meant finding a place where we would set down some roots and raise our girls. As first time homeowners we were both overwhelmed and excited. Working with Shawn and Reece brought a calm and sense of direction throughout the entire process. Shawn patiently…

CAROL & GLYNN JONES

Shawn and Reece give great personal service. They take time to listen to their clients and faithfully follow through with every detail. No effort is too much.

PERRY & YVONNE Flooring Canada & School District 23

Shawn had brilliant ideas to lower the stress while coordinating what became a complicated sale – we sold our home and purchased another one. Selling your home is definitely not DIY! Shawn & Reece are an exceptionally capable team with helpful hints, lots of patience and flexibility.  They…

DON & LINDA MCDONALD Kelowna, BC

It’s the privilege, pleasure, and honour, of being part of YOUR journey and YOUR story in one of the biggest decisions you’ll ever make! It’s building ongoing friendships and long-lasting relationships that make our lives richer. It’s knowing we’ve helped make a process that is often overwhelming and…

ANGELIQUE SHAW

Shawn and Reece have been the most solid, delightful, helpful, hardworking team that we have ever worked with in real estate. When selling our home, these guys were there with clear concise information and valuable opinions that helped us to make an informed decision that we were confident…

MICHELLE DEMMAN

Shawn and Reece are a Dream Team to work with. They are so fun and full of life, drive and energy. They worked so hard to find our family the perfect house to renovate in our TOP choice location. Love them!…

Awards & Special Designations