LOADING

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

8 Bedroom 4 Bathroom 4400 sqft
Baseboard Heaters

$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 & 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:50889)

Property Details

MLS® Number 10275593
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 8
View Type View, City View

Building

Bathroom Total 4
Bedrooms Total 8
Basement Development Finished
Basement Features Separate Entrance
Basement Type Full (finished)
Constructed Date 1988
Construction Style Split Level Split Level
Exterior Finish Stucco
Flooring Type Carpeted, Linoleum
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Roof Material Asphalt Shingle,tar & Gravel
Roof Style Conventional,conventional
Size Interior 4400 Sqft
Type Duplex
Utility Water Municipal Water

Parking

See Remarks

Land

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

Rooms

Level Type Dimensions
Second Level Living Room 12 ft ,8 in x 18 ft
Second Level Dining Room 9 ft ,4 in x 16 ft ,6 in
Second Level Kitchen 9 ft ,4 in x 16 ft ,6 in
Second Level Full Bathroom 6 ft ,7 in x 8 ft ,6 in
Second Level Laundry Room 3 ft x 5 ft
Second Level Primary Bedroom 11 ft ,7 in x 11 ft ,10 in
Second Level Bedroom 11 ft ,7 in x 10 ft ,6 in
Third Level Dining Room 8 ft ,6 in x 11 ft ,8 in
Third Level Kitchen 9 ft ,8 in x 11 ft ,8 in
Third Level Living Room 13 ft x 18 ft
Third Level Full Bathroom 6 ft ,8 in x 8 ft
Third Level Primary Bedroom 10 ft ,8 in x 11 ft ,6 in
Third Level Bedroom 9 ft ,6 in x 11 ft ,2 in
Third Level Laundry Room 4 ft ,6 in x 7 ft
Basement Dining Room 8 ft ,6 in x 11 ft ,8 in
Basement Kitchen 9 ft ,8 in x 11 ft ,8 in
Basement Living Room 13 ft x 18 ft
Basement Full Bathroom 6 ft ,8 in x 8 ft
Basement Bedroom 9 ft ,6 in x 11 ft ,2 in
Basement Primary Bedroom 10 ft ,8 in x 11 ft ,6 in
Basement Laundry Room 4 ft ,6 in x 7 ft
Main Level Living Room 12 ft ,8 in x 18 ft
Main Level Dining Room 9 ft ,4 in x 16 ft ,6 in
Main Level Kitchen 9 ft ,4 in x 16 ft ,6 in
Main Level Full Bathroom 6 ft ,7 in x 8 ft ,6 in
Main Level Laundry Room 3 ft x 5 ft
Main Level Primary Bedroom 11 ft ,7 in x 11 ft ,10 in
Main Level Bedroom 11 ft ,7 in x 10 ft ,6 in

https://www.realtor.ca/real-estate/25625320/685-675-ziprick-road-kelowna-rutland-south

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