Don Rae Realtor


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  • 698 Balsam Road Kelowna V1W1B9

    Price : $1,199,999 Listing ID : 10372637
    Bedrooms Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 2287 sqft
    Built in : 1971 Total Parking Spaces : -
    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:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : - Access : - Appliances Inc : Refrigerator, Dryer, Range - Electric, Washer
    Community Features : - Features : - Structures : -
    Total Parking Spaces : - View : - Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : - Bathrooms (Partial) : 1 Cooling : Central air conditioning
    Fire Protection : - Fireplace Fuel : - Fireplace Type : -
    Floor Space : - Flooring : - Foundation Type : -
    Heating Fuel : Electric Heating Type : Forced air, See remarks Roof Style : -
    Roofing Material : - Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
    Type : Full Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    Basement Bedroom 10'9'' x 17'7''
    Bedroom 9'9'' x 17'7''
    Family room 11'8'' x 25'
    Kitchen 15'8'' x 11'7''
    Laundry room 5'1'' x 4'8''
    Partial bathroom 5'1'' x 10'2''
    Main level Bedroom 10'1'' x 11'1''
    Bedroom 12'4'' x 11'3''
    Bedroom 13'4'' x 15'5''
    Full bathroom 8'6'' x 6'7''
    Living room 17'0'' x 14'9''
    Utility room 10'10'' x 11'7''
    Second level Dining room 10'8'' x 12'3''
    Full bathroom 9'1'' x 12'9''
    Kitchen 13'2'' x 12'9''
    Living room 9'7'' x 17'5''
    Primary Bedroom 12'10'' x 18'9''
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.