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$1,099,900
British Columbia,Kelowna
For Sale Active
698 Balsam Road, Kelowna, British Columbia V1W1B9
  • 6
  • 3
  • 3,194 Sqft
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Basic Details
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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 10372637
  • Price: $1,099,900
  • Bedrooms: 6
  • Bathrooms: 3
  • Half Bathrooms: 1
  • Square Footage: 3,194 Sqft
  • Year Built: 1971
  • Status: Active
  • Office Name: Stonehaus Realty (Kelowna)
  • Property Sub Type: Single Family
  • Office Key: 292889
Features & Appliances
Features
  • Heating System: Electric, Forced air, See remarks
  • Cooling System: Central air conditioning
  • Basement: Full
  • Parking: Additional Parking, Heated Garage, Oversize, See Remarks
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, British Columbia, Kelowna, V1W1B9
  • Street: Balsam
  • Street Number: 698
  • Street Suffix: Road
  • Longitude: W120° 30' 59.5''
  • Latitude: N49° 49' 32.4''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 0.36
  • Stories: 2.0
Financial
  • Tax Annual Amount: 5297.32
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Listing updated: 2026-03-07 00:52:59
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Listing Information
  • List Agent Key: 2090989
  • List Office Key: 292889
  • Modification Timestamp: 2026-02-19T21:55:52Z
  • Originating System Name: Association of Interior REALTORS®
  • Status Change Timestamp: 2026-02-19T21:49:53Z
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Listing updated: 2026-03-07 00:52:59
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