Home Cultus Lake, BC Cultus Lake North 338 Balsam Street

338 Balsam St, Cultus Lake BC - Single Family Residence for Sale - MLS# R3048254

354 days on the market

$998,888

Est. Mortgage $4,419/mo

Listing updated: Jul 16, 2026 at 08:58am

EstateBlock checked: Sep 6, 2026 at 07:10am

3 Beds

1 Baths

1395 sqft

716 $ /sqft

1959 built

354 days on the market

$998,888

Est. $4,419/mo with 20% down

Listing updated: Jul 16, 2026 at 08:58am

EstateBlock checked: Sep 6, 2026 at 07:10am

Photos

Exterior Front Photo of 338 Balsam Street, Cultus Lake, BC

Exterior Rear Photo of 338 Balsam Street, Cultus Lake, BC

Living Room Photo of 338 Balsam Street, Cultus Lake, BC

Family Room Photo of 338 Balsam Street, Cultus Lake, BC

Dining Area Photo of 338 Balsam Street, Cultus Lake, BC

Kitchen Photo of 338 Balsam Street, Cultus Lake, BC

Kitchen Island Photo of 338 Balsam Street, Cultus Lake, BC

Pantry Photo of 338 Balsam Street, Cultus Lake, BC

Breakfast Nook Photo of 338 Balsam Street, Cultus Lake, BC

Primary Bedroom Photo of 338 Balsam Street, Cultus Lake, BC

Welcome to the paradise living at Cultus Lake Park! This corner lot sits on 0.062 acre and features a refurbished 1 1/2 storey home and has a revamped out building. This charming home is 1,184 sq. ft and has updates that includes a 2yr old roof and furnace, as well as 4 yr old hot water tank, with picturesque cottage style living! The fenced quaint back yard oasis is spacious, secluded, and private. The out building is 170 sq. ft. and it has been revamped with a 4 yr old roof, splash of paint, has electricity and can be used for multi purposes such as a shed, studio, workshop, hobby room and much more!!! This is leased land- therefore your are required to pay yearly for the lease.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	Crawl Space
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Storage
Fireplace	0
Heating Type	Forced Air, Hot Water, Natural Gas
Laundry	In Unit
# of Kitchens	1
Flooring	Mixed
Foundation	None

Exterior Features

Exterior Features	Private Yard
View Description	mountain
Roof	Asphalt, Torch-On
Structures	Residential Detached

Building Details

Price	$998,888
Total Bedrooms	3
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	1395
Year Built	1959
Age Of Building	67
Building Type	Single Family Residence
Property Type	Residential
Stories	1
Ownership Type	Leasehold prepaid-NonStrata
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Community
Water (WaterSource)	Public
Parking Type	Additional Parking, Guest
Total Parking Spaces	2
Rental Suites	None

Lot & Land

Lot Size	2772
Lot Size Depth	Feet
Lot Size Frontage	0
MLS^® #	R3048254
Area	Cultus Lake & Area
Neighbourhood	Cultus Lake North
City	Cultus Lake
Postal Code	V2R 4Y8
Gross Taxes	$3,058.17
Zoning	R2

Property Timeline

Status	Date	Price
R3048254 / Active	09-17-2025	$998,888

Rooms

Floor	Type	Dimensions
Main Level	Living Room	9'8 x 9'8 ft
Main Level	Foyer	5'7 x 5'7 ft
Main Level	Bedroom	9'8 x 9'8 ft
Main Level	Dining Room	9'2 x 9'2 ft
Main Level	Kitchen	8'2 x 8'2 ft
Main Level	Laundry	13'6 x 13'6 ft
Above Level	Bedroom	11'1 x 11'1 ft
Above Level	Bedroom	7'8 x 7'8 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3

Listed by: Sutton Group-West Coast Realty (Abbotsford)

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Private Schools

Elementary
John Calvin School: Above Average 6.66 km 7.5/10
Elementary, Secondary
Highroad Academy: Above Average 10.56 km 7/10

Closest Transit

Bus Stop
Sunnyside Blvd at Balsam (NB): 0.03 km
Skytrain
West Coast Express @ Mission City Station: 24.74 km

Crime Rate

Total Crime Rate: Above Average
Violent Crime Rate: Above Average
Property Crime Rate: High

Demographics

Post-Secondary Education: Below Average 10.6%
No Certificate/Degree: Above Average 19.1%
Owner Occupied: Below Average 53.5%
Employment Rate: Below Average 40.2%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

56 / 100

Overall sell-speed score

Moderate pace expected

—

Price competition grade

No comparable data

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 24.74 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How CULTUS LAKE NORTH compares

This property

354 DOM

Slower than area

Cultus Lake North avg

20 DOM

Average

Cultus Lake avg

20 DOM

Faster market

338 Balsam Street has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. The local market is currently a Balanced Market with a sales-to-active ratio of 15.2% and an area average of 20 days on market — conditions are balanced. With only 730 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Nearby Restaurants, Cafes & Shops

Restaurants (5 nearby)

J. beethoven's pizza · 294 m · Restaurant
Huis shave ice · 309 m · Restaurant
Maar's burger bar · 312 m · Restaurant

Shopping (2 nearby)

Cultus lake main · 317 m · Post Office
Sleepy hollow gems · 320 m · Gift Shop

Groceries (1 nearby)

Cultus lake superette · 325 m · Convenience

Transit (1 nearby)

Bus stop sunnyside blvd at balsam (nb) · 35 m · Transit

Schools NearBy

2 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Cultus Lake Swílhcha Community School	Public	Grades Served —	Catchment Info —	7.1 / 10	Distance 348 m
Stitó:s Lá:lém Totí:lt	Public	Grades Served —	Catchment Info —	6.3 / 10	Distance 2.98 KM

Walkability & Transit Near 338 Balsam Street

Car-Dependent 36

Walk Score - Car-Dependent

Most errands require a car

Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus

Somewhat
Bikeable 54

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 338 Balsam Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $255

Maintenance fee 0

Financing 80% of the $998,888 asking price over 30 years at 4% results in approximately $4,070/month in total estimated carrying costs, $255 property tax.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Listing data last synced: Jul 16, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing generates an estimated $3,586/month in rental income, leaving a -$650/month cashflow at current carrying costs. Investors targeting break-even would need roughly 34% down.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 338 Balsam Street, Cultus Lake

Buy Vs Rent Calculator

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.