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2560 Springfield Road | $3,488,000
Deanne Slessor Agent Photo
Deanne
Slessor
C. (250) 231-0153
 P. (250) 480-3000
 Phone Deanne deannerealestate.com
Fair Realty
191 Baker Street
 Nelson, BC
 Canada V1L 4H1

Details

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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

I would like to introduce myself. Thank you for taking the time to visit my web site.

Moving to the Trail area in 1990 I wanted a healthy atmosphere for my children to experience their childhood in. It has been an excellent choice with the opportunities they have had. Whatever sport they were interested in has been available to them and they have developed a healthy appreciation for the out doors and community living. 

In 2004 with the maturity of my sons (the oldest graduating from high school) I felt it was time to branch out in a career that had always interested me but that I didn't have the flexibility of time to do, and have never looked back. My 30 years of experience in sales, marketing and service as well as 9 years in business management has prepared me well for my career and I thoroughly enjoy my work.

I love assisting my clients and friends in their Real Estate ventures and have won awards every year for my efforts. I make myself available and try to make the process as enjoyable as possible. Why shouldn't the purchase or sale of your property be a fabulous experience? I dedicate myself to treating my clients with the same care and expertise I would wish.

I would be pleased to work with you or any one you know.

Call me I have the Key!

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