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!? (id:41440)

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 - Townhouse Housing (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!? (id:41440)

Motivated Seller!!! Here is a perfect opportunity for a future development site. Ability to have as a great holding property. Purchase as is where is with potential to buy single home or others neighbouring property. This is part of a Land assembly in West Kelowna growing Westbank Centre on freehold land. With a vacancy rate of 0.6%, West Kelowna is it in need of more residential multifamily buildings. This rare assembly is located in an area with nearby shopping, transit, Restaurants, and local businesses (including dentists and doctors offices) this land assembly is prime for redevelopment. Transit is close offering a great opportunity for multi family residential builds. New OCP for the city of West Kelowna soon to be adopted supports higher density and the OCP draft indicates a height of 12 stories along Brown Road corridor might be attainable (id:41440)

This remarkable Modern Farmhouse build by Sable Bay Homes offers an impressive 2-storey design with 5 bedrooms and 5 bathrooms, providing over 4,300 sq ft of luxury living. Interior design features were carefully curated by Isabey Interiors to elevate the home's elegance. The open main floor plan showcases 10' ceilings, a spacious great room with a gas fireplace, dining area, pantry, and a gourmet kitchen. Take the stairs to the upper level to discover an exquisite primary bedroom with a 5-piece ensuite and walk-in closet, 3 additional bedrooms (one with its own ensuite), another full bathroom, laundry room, and a generously sized bonus room. On the lower level, there is a wine cellar, full bathroom, a large rec room, gym, and ample storage. Additional amenities include an oversized 2-car garage with a car charger rough-in, energy-efficient LED lighting throughout, Control4 home automation/music system, and a heated in-ground saltwater pool. Nestled on a quiet cul-de-sac in Kettle Valley's newest area, The Lookout, this family-oriented subdivision is within walking distance to a coffee shop, daycare, Chute Lake Elementary, community businesses, parks, hiking, and biking trails. The home comes with a 2-5-10 year new home warranty. Price PLUS GST. Measurements taken from the floor plan. Completion expected in summer 2024. (id:41440)

This remarkable Modern Farmhouse build by Sable Bay Homes offers an impressive 2-storey design with 5 bedrooms and 5 bathrooms, providing over 4,300 sq ft of luxury living. Interior design features were carefully curated by Isabey Interiors to elevate the home's elegance. The open main floor plan showcases 10' ceilings, a spacious great room with a gas fireplace, dining area, pantry, and a gourmet kitchen. Take the stairs to the upper level to discover an exquisite primary bedroom with a 5-piece ensuite and walk-in closet, 3 additional bedrooms (one with its own ensuite), another full bathroom, laundry room, and a generously sized bonus room. On the lower level, there is a wine cellar, full bathroom, a large rec room, gym, and ample storage. Additional amenities include an oversized 2-car garage with a car charger rough-in, energy-efficient LED lighting throughout, Control4 home automation/music system, and a heated in-ground saltwater pool. Nestled on a quiet cul-de-sac in Kettle Valley's newest area, The Lookout, this family-oriented subdivision is within walking distance to a coffee shop, daycare, Chute Lake Elementary, community businesses, parks, hiking, and biking trails. The home comes with a 2-5-10 year new home warranty. Price PLUS GST. Measurements taken from the floor plan. Completion expected in summer 2024. (id:8860)