2560 Springfield Road, Kelowna, British Columbia V1X 1C2

5 Bedroom 3 Bathroom 2240 sqft
Wall Unit Baseboard Heaters


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 & RU4. 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 $10,802/month in rents = 129,624/yr. Gross cap rate = approx. 3.72. 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:44483)

Property Details

MLS® Number 10275592
Property Type Single Family
Neigbourhood Rutland South
Amenities Near By Golf Course, Recreation, Shopping, Airport, Ski Hill, Schools, Park, Public Transit
Features Central Location, Corner Site, Flat Site, Level
Parking Space Total 10
Structure Workshop, Workshop
View Type View, City View


Bathroom Total 3
Bedrooms Total 5
Basement Development Finished
Basement Features Separate Entrance
Basement Type Full (finished)
Constructed Date 1972
Cooling Type Wall Unit
Exterior Finish Stucco
Flooring Type Carpeted, Tile, Laminate, Vinyl
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Roof Material Asphalt Shingle,unknown
Roof Style Conventional,conventional
Size Interior 2240 Sqft
Type House
Utility Water Municipal Water


Carport 1
Attached Garage 1


Acreage No
Land Amenities Golf Course, Recreation, Shopping, Airport, Ski Hill, Schools, Park, Public Transit
Sewer Municipal Sewage System
Size Irregular 0.651
Size Total 0.651 Ac|under 1 Acre
Size Total Text 0.651 Ac|under 1 Acre


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



Contact us for more information

Generating Captcha

Mackenzie Otteson

(250) 870-1398

Coldwell Banker Horizon Realty
#14 - 1470 Harvey Avenue
Kelowna, British Columbia V1Y 9K8

(250) 860-7500
(250) 868-2488

Saverio Tumato

(250) 862-6911

Coldwell Banker Horizon Realty
#14 - 1470 Harvey Avenue
Kelowna, British Columbia V1Y 9K8

(250) 860-7500
(250) 868-2488

Your Favourites


No Favourites Found


properties just for you, Leave your details and we'll talk soon.

250-241-7599 Call or Text!