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RE/MAX Crest Realty
300 – 1195 W Broadway, Vancouver, BC V6H 3X5
C: 604.671.7000
E: les@6717000.com
C: 604.671.7000
E: les@6717000.com
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- ©MLS 10275593
- Area 4400 sq ft
- Bedrooms 8
- Bathrooms 4
- Parkings 8
Description
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:48970) Show More
Details
- Constructed Date: 1988
- Property Type: Single Family
- Type: Duplex
- Architectural Style: Split level entry
- Neighbourhood: Rutland South
Ammenities + Nearby
- Golf Nearby
- Airport
- Park
- Recreation
- Schools
- Shopping
- Ski area
- Golf Nearby
- Airport
- Park
- Recreation
- Schools
- Shopping
- Ski area
Features
- Level lot
- Corner Site
- Pets Allowed
- Rentals Allowed
- City view
- View (panoramic)
- Baseboard heaters
Rooms Details For 685-675 Ziprick Road
| Type | Level | Dimension |
|---|---|---|
| Living room | Second level | 12 ft ,8 in x 18 ft |
| Dining room | Second level | 9 ft ,4 in x 16 ft ,6 in |
| Kitchen | Second level | 9 ft ,4 in x 16 ft ,6 in |
| Full bathroom | Second level | 6 ft ,7 in x 8 ft ,6 in |
| Laundry room | Second level | 3 ft x 5 ft |
| Primary Bedroom | Second level | 11 ft ,7 in x 11 ft ,10 in |
| Bedroom | Second level | 11 ft ,7 in x 10 ft ,6 in |
| Dining room | Third level | 8 ft ,6 in x 11 ft ,8 in |
| Kitchen | Third level | 9 ft ,8 in x 11 ft ,8 in |
| Living room | Third level | 13 ft x 18 ft |
| Full bathroom | Third level | 6 ft ,8 in x 8 ft |
| Primary Bedroom | Third level | 10 ft ,8 in x 11 ft ,6 in |
| Bedroom | Third level | 9 ft ,6 in x 11 ft ,2 in |
| Laundry room | Third level | 4 ft ,6 in x 7 ft |
| Dining room | Basement | 8 ft ,6 in x 11 ft ,8 in |
| Kitchen | Basement | 9 ft ,8 in x 11 ft ,8 in |
| Living room | Basement | 13 ft x 18 ft |
| Full bathroom | Basement | 6 ft ,8 in x 8 ft |
| Bedroom | Basement | 9 ft ,6 in x 11 ft ,2 in |
| Primary Bedroom | Basement | 10 ft ,8 in x 11 ft ,6 in |
| Laundry room | Basement | 4 ft ,6 in x 7 ft |
| Living room | Main level | 12 ft ,8 in x 18 ft |
| Dining room | Main level | 9 ft ,4 in x 16 ft ,6 in |
| Kitchen | Main level | 9 ft ,4 in x 16 ft ,6 in |
| Full bathroom | Main level | 6 ft ,7 in x 8 ft ,6 in |
| Laundry room | Main level | 3 ft x 5 ft |
| Primary Bedroom | Main level | 11 ft ,7 in x 11 ft ,10 in |
| Bedroom | Main level | 11 ft ,7 in x 10 ft ,6 in |
Location
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Data provided by: Okanagan-Mainline Real Estate Board