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:2493)More details
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:2493)More details
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:2493)More details
OPPORTUNITY FOR DEVELOPERS to purchase 2 lot land assembly, a total of 0.44 acres a multifamily development site zoned under UC. This corner lot land assembly is located in Rutland Central, close to Hwy 97. Currently, The 2 homes are tenant occupied and generating current rent of $9,340! This 6 storey multifamily building will provide 56 homes comprising a 2.10 FAR on 45,933 Sqft. Bonus FAR available up to 2.50 FAR. Distance to UBC Okanagan is around 7 min and 8 min to Kelowna Airport. LAND ASSEMBLY: 2 LOTS: 545 Froelich Rd (10303615) and 425 Leathead Rd. (id:2493)More details
Introducing a prime 0.21-acre corner lot in Kelowna, positioned at Dougall Rd S and Jurome Ave, this development opportunity is zoned UC4, allowing for 4-story buildings with a potential FAR with bonuses of 2.4. Sewer is at the lot line. Nestled in a rapidly expanding neighborhood, this property is not only close to essential amenities but also benefits from its proximity to transit options, the local transit exchange, and Plaza 33 shopping center, featuring Save on Foods. This enhances its appeal, offering developers the chance to significantly impact Kelowna's urban growth. With the additional convenience of an assumable mortgage and potential for a Vendor Take-Back (VTB) mortgage, financial flexibility is at your fingertips. This lot represents a rare opportunity to contribute to Kelowna's community and skyline, making it a strategic investment for those looking to shape the future of one of Canada's most desirable locations. Act now to secure this valuable piece of Kelowna's developing landscape. (id:2493)More details
Spectacular Spring Valley detached residential home on a quiet street in a sought-after community. Gorgeous and flat corner lot. Walking distance to Springvalley Elementary & Middle Schools, Costco, Walmart, and across the road from 94 ha of trails at Mission Creek Regional Park. This home features a bright open concept island kitchen/dining area and living room. Extensive upgrades. Lower level is fully finished and relatively easy to suite. Extensive Decking allows you to chase the sun all day, or relax in the covered gazebo or hot tub! (id:2493)More details
Explore the charm of Rutland in Kelowna with our exclusive collection of 12-unit townhomes, where modern design meets convenience. Situated near a plethora of amenities, including grocery stores, restaurant, and shopping hubs, these townhomes offer a lifestyle of ease. With contemporary architecture and spacious interiors, each unit is designed for comfortable living. It offers 9’ ceilings on the main and 2nd floor, upscale modern finishing, inland kitchen equipped with branded steel appliances. Laminate flooring throughout the unit. Revel in the proximity to local attractions, ensuring a dynamic and vibrant community experience. Make the most of this prime location and indulge in the perfect blend of urban living and suburban tranquility at 235 Taylor Homes. Only 10 mins drive to UBCO! This unit features 4 bedrooms and 3.5 bathrooms includes a Guest Suite with its own separate entrance! (id:2493)More details
Explore the charm of Rutland in Kelowna with our exclusive collection of 12-unit townhomes, where modern design meets convenience. Situated near a plethora of amenities, including grocery stores, restaurant, and shopping hubs, these townhomes offer a lifestyle of ease. With contemporary architecture and spacious interiors, each unit is designed for comfortable living. It offers 9’ ceilings on the main and 2nd floor, upscale modern finishing, inland kitchen equipped with branded steel appliances. Laminate flooring throughout the unit. Revel in the proximity to local attractions, ensuring a dynamic and vibrant community experience. Make the most of this prime location and indulge in the perfect blend of urban living and suburban tranquility at 235 Taylor Homes. Only 10 mins drive to UBCO! (id:2493)More details
Peace and tranquility abound; privacy plus for this 4 bed including summer kitchen down with separate entrance; numerous upgrades and improvements; pride of ownership throughout home and property; separate detached mobile home, great for extended family or income generator; beautiful 3 plus acres, the perfect hobby farm; super quiet location; short walk to Scenic Canyon; must be seen, no disappointments here! (id:2493)More details
Discover a tranquil retreat in La Sierra with this spacious and inviting main floor corner unit. Boasting 2 bed & 2 bath, this home offers a unique split bedroom design, an open kitchen, and abundant natural light. Unwind on the covered patio, overlooking year-round greenery. No age restrictions, small pets & 30 day + rentals are allowed. Secure underground parking and storage. Quiet Street, quiet side of building, top floor, corner unit, lots of windows, great floor plan, it's a winning combination! Master has 3 piece ensuite, A/C wall units, The walk-in laundry room adds practicality, built-in vacuum. Explore nearby amenities, including shopping options, public transit, parks, recreational facilities, and a variety of restaurants. You'll also appreciate the convenient proximity to Ben Lee Park, situated at the end of a serene cul-de-sac adorned with mature trees and floral landscaping. (id:2493)More details
This lovely penthouse condo is the perfect starter home or rental income property. Located on a quiet street in a small building, #301 offers affordability and convenience. As you enter you'll notice plenty of natural light coming into the unit. The galley style kitchen has been tastefully updated in the last few years, including new backsplash, new doors on cabinets, fresh paint, sleek & modern radiator covers, and vinyl plank flooring. Step onto your balcony to enjoy a cup of coffee with the morning sunshine just off the spacious living room. The bathroom has also been recently updated with crisp modern finishes. Heat and water is included in the strata fee and rentals & pets are allowed (2 dogs or 2 cats no size restrictions). This stellar location is close to schools, UBCO and walking distance to amenities just around the corner! There’s also a communal field next door for pets and kids to play. (id:2493)More details
This like-new, 1 bed + 1 bath unit is the perfect blend of comfort, convenience, and investment potential. Featuring a thoughtful floorplan with an array of desirable feature this 3rd floor condo offers an exceptional opportunity for first-time buyers or astute investors. Situated in the vibrant Rutland neighborhood within 8km of UBC Kelowna main campus, 9km of UBC Kelowna upcoming Downtown Campus, 9km of Kelowna International airport and within walking distance of convenient amenities. With modern aesthetics, s/s appliances, quartz countertops, vinyl floors, private deck with great views, in-suite laundry, secured access/underground parking (with dedicated stall), storage locker, landscaped outdoor courtyard, gym and social room. 320 at SOHO has it all. Looking to enter the real estate market or seeking a smart investment opportunity? Look no further than 320-191 Hollywood Rd South- a great opportunity to purchase in one of Kelowna's best markets. (id:2493)More details
Listed by Oakwyn Realty Ltd. and Sutton Group-West Coast Realty
Data was last updated June 30, 2024 at 11:15 AM (UTC)
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