Kelowna, BC V1W1B9,698 Balsam Road
Kelowna, BC V1W1B9,698 Balsam Road
Kelowna, BC V1W1B9,698 Balsam Road
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$1,199,999
Est. payment /mo
6 Beds
3 Baths
2,287 SqFt
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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,287 sqft

Price per Sqft $524

Subdivision Lower Mission

MLS® Listing ID 10372637

Bedrooms 6

Half Baths 1

Year Built 1971

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Freehold

Property Description

A rare Lower Mission opportunity that checks every box for investors, developers, and end users alike. Set on a flat and expansive 0.36-acre lot (approx. 15,616 sq.ft.) with excellent frontage, this property offers outstanding future redevelopment potential through subdivision (buyer to verify). The 3,115 sq.ft. home features a spacious 4-bedroom main residence plus a 2-bedroom, 1-bath legal suite (to verify) with separate driveways, entrances, and laundry. A unique side-by-side configuration provides flexibility for multi-generational living or strong rental appeal. Currently 4 bed side is rented for $3,200 per month including utilities and 2 bed side is vacant potential $1800. This is a solid income-producing hold while planning future possibilities. A large 25' x 27' detached garage/workshop adds exceptional value for storage, hobbies, or a home-based business. Located directly next to Dorothea Walker Elementary and surrounded by parks, beaches, shopping, and recreation, this is a location families love. With ongoing redevelopment transforming Balsam Street into one of Lower Mission's most sought-after corridors, this is a rare chance to secure a premium lot with tremendous upside in today's market. (id:24570)

Location

Province BC

Rooms

Kitchen 2.0

Extra Room 1 Second level 9'7'' x 17'5'' Living room

Extra Room 2 Second level 13'2'' x 12'9'' Kitchen

Extra Room 3 Second level 10'8'' x 12'3'' Dining room

Extra Room 4 Second level 12'10'' x 18'9'' Primary Bedroom

Extra Room 5 Second level 9'1'' x 12'9'' Full bathroom

Extra Room 6 Second level 9'7'' x 17'5'' Living room

Interior

Heating , Forced air, See remarks

Cooling Central air conditioning

Exterior

Parking Features Yes

View Y/N No

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Freehold


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Listed by Stonehaus Realty (Kelowna)

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Jeffrey Sefton

Jeffrey Sefton

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698 Balsam Road