698 Balsam Road, Kelowna, British Columbia V1W 1B9

Listed for:
$1,199,999
6 beds
3 baths
Listed 26 days ago
House for rent: 698 Balsam Road, Kelowna, British Columbia V1W 1B9

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About

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:27476)

Property Highlights

MLS® Number
10372637
Type
Single Family
Ownership Type
Freehold
Land Size
0.36 ac|under 1 acre

Building

Building Type
House
Storeys
1.00
Square Footage
2287 sqft
Bathrooms Total
3
Bedrooms Total
6
Fireplace Present
No
Basement Type
Full
Basement Features
Building Heating Type
Forced air, See remarks
Heating Fuel
Electric
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

Living room
Second level
9'7'' x 17'5''
Kitchen
Second level
13'2'' x 12'9''
Dining room
Second level
10'8'' x 12'3''
Primary Bedroom
Second level
12'10'' x 18'9''
Full bathroom
Second level
9'1'' x 12'9''
Living room
Second level
9'7'' x 17'5''
Kitchen
Basement
15'8'' x 11'7''
Family room
Basement
11'8'' x 25'
Partial bathroom
Basement
5'1'' x 10'2''
Bedroom
Basement
10'9'' x 17'7''
Laundry room
Basement
5'1'' x 4'8''
Bedroom
Basement
9'9'' x 17'7''
Full bathroom
Main level
8'6'' x 6'7''
Bedroom
Main level
12'4'' x 11'3''
Bedroom
Main level
13'4'' x 15'5''
Bedroom
Main level
10'1'' x 11'1''
Utility room
Main level
10'10'' x 11'7''
Living room
Main level
17'0'' x 14'9''

Location

Learn more about this property
Listing provided by:
Stonehaus Realty (Kelowna)
MLS® number:
10372637
Agent:
Jewan Brar
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