2287 sqft + 6 Bed + 3 Bath

698 Balsam Road Kelowna

$1,199,999
698 Balsam Road - Photo 1
  • Price$1,199,999
  • MLS #10372637
  • Age1971
  • Size2287 sqft
  • Lot Size0.36 acres
  • Bedrooms6
  • Bathrooms3
  • CoolingCentral air conditioning
  • AppliancesRefrigerator, Dryer, Range - Electric, Washer
  • WaterMunicipal water
  • SewerMunicipal sewage system
  • Property TypeSingle Family
  • Stories1
  • Listing OfficeStonehaus Realty (Kelowna)

    Basement

    • Kitchen15'8'' x 11'7''
    • Family room11'8'' x 25'
    • Partial bathroom5'1'' x 10'2''
    • Bedroom10'9'' x 17'7''
    • Laundry room5'1'' x 4'8''
    • Bedroom9'9'' x 17'7''

    Main level

    • Full bathroom8'6'' x 6'7''
    • Bedroom12'4'' x 11'3''
    • Bedroom13'4'' x 15'5''
    • Bedroom10'1'' x 11'1''
    • Utility room10'10'' x 11'7''
    • Living room17'0'' x 14'9''

    Second level

    • Living room9'7'' x 17'5''
    • Kitchen13'2'' x 12'9''
    • Dining room10'8'' x 12'3''
    • Primary Bedroom12'10'' x 18'9''
    • Full bathroom9'1'' x 12'9''
    • Living room9'7'' x 17'5''

    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:6770)

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