685-675 Ziprick Road Kelowna, British Columbia V1X 4H6

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Interested?

Contact us for more information


8 Bedrooms
4 Bathrooms
4400 sqft

Split Level Entry Baseboard Heaters Level

$3,488,000

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:42341)


  • Property Details

    MLS® Number 10275593
    Property Type Single Family
    Neigbourhood Rutland South
    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 8
    View Type City View, View (panoramic)
  • Building

    Bathroom Total 4
    Bedrooms Total 8
    Architectural Style Split Level Entry
    Basement Type Full
    Constructed Date 1988
    Construction Style Attachment Semi-detached
    Construction Style Split Level Other
    Exterior Finish Stucco
    Flooring Type Carpeted, Linoleum
    Heating Fuel Electric
    Heating Type Baseboard Heaters
    Roof Material Asphalt Shingle,tar & Gravel
    Roof Style Unknown,unknown
    Size Interior 4400 Sqft
    Type Duplex
    Utility Water Municipal Water

    Parking

    Other
  • 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 Bedroom 11'7'' x 10'6''
    Second Level Primary Bedroom 11'7'' x 11'10''
    Second Level Laundry Room 3'0'' x 5'0''
    Second Level 4pc Bathroom 6'7'' x 8'6''
    Second Level Kitchen 9'4'' x 16'6''
    Second Level Dining Room 9'4'' x 16'6''
    Second Level Living Room 12'8'' x 18'0''
    Third Level Laundry Room 4'6'' x 7'0''
    Third Level Bedroom 9'6'' x 11'2''
    Third Level Primary Bedroom 10'8'' x 11'6''
    Third Level 4pc Bathroom 6'8'' x 8'0''
    Third Level Living Room 13'0'' x 18'0''
    Third Level Kitchen 9'8'' x 11'8''
    Third Level Dining Room 8'6'' x 11'8''
    Basement Laundry Room 4'6'' x 7'0''
    Basement Primary Bedroom 10'8'' x 11'6''
    Basement Bedroom 9'6'' x 11'2''
    Basement 4pc Bathroom 6'8'' x 8'0''
    Basement Living Room 13'0'' x 18'0''
    Basement Kitchen 9'8'' x 11'8''
    Basement Dining Room 8'6'' x 11'8''
    Main Level Bedroom 11'7'' x 10'6''
    Main Level Primary Bedroom 11'7'' x 11'10''
    Main Level Laundry Room 3'0'' x 5'0''
    Main Level 4pc Bathroom 6'7'' x 8'6''
    Main Level Kitchen 9'4'' x 16'6''
    Main Level Dining Room 9'4'' x 16'6''
    Main Level Living Room 12'8'' x 18'0''

Mark Gidden
Realtor/Founder

Lloyd Taverner
Realtor/Senior Partner

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TESTIMONIALS

Our Valued Clients

  • Ashley Harvey

    Mark and his team helped us find our forever home, and we are so grateful for his experience and expertise. Mark was so patient while our infant cried while we hunted for the perfect house. We will use Mark and his team for years to come.


  • Jen Platman

    Lloyd was the best realtor we’ve ever worked with. He understands people and takes the time to listen. He was extremely helpful and made the process stress-free and seamless. Lloyd goes above and beyond for his clients and it shows. He truly enjoys what he does, he’s honest and makes you feel at ease. Our new home is our castle and Lloyd did everything to help us get there. This guy is real gem!


  • Tom S

    Mark helped us look for, negotiate, and purchase our family home. He was diligent, extremely professional and has an unsurpassed knowledge of the Kelowna and wider Okanagan areas. His name is mentioned anytime we have a friend looking to buy or sell their home. Many thanks Mark.