338 Balsam St, Cultus Lake BC – House for Sale – MLS® R3169623

338 Balsam Street, Cultus lake, British Columbia V2R 4Y8

22 days on the market
$928,000
Est. Mortgage $4,105/mo
Listing updated:
EstateBlock checked:
R2
3 Beds
1 Baths
1395 sqft
665 $ /sqft
1959 built
22 days on the market
$928,000
Est. $4,105/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 338 Balsam Street

Welcome to the paradise living at Cultus Lake Park! This corner lot sits on 0.062 acre and features a refurbished 1 1/2 story 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 a yearly lease remuneration. A must see!

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 $928,000
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
Building Name R2
Ownership Type Leasehold not 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® # R3169623
Area Cultus Lake & Area
Neighbourhood Cultus Lake North
City Cultus Lake
Postal Code V2R 4Y8
Gross Taxes $3,227.46
Zoning R2

Property Timeline

Status Date Price
R3169623 / Active 09-29-2026 $928,000
to view full Property History (1 earlier record)
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)
0.04 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

42 / 100
Overall sell-speed score
May take longer
—
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
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
22 DOM
Very fast
Cultus Lake North avg
35 DOM
Average
Cultus lake avg
35 DOM
Slower market

338 Balsam Street has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 10.8% and an area average of 35 days on market — buyers have more leverage. With only 809 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Nearby Restaurants, Cafes & Shops

Restaurants (5 nearby)

  • J. beethoven's pizza · 295 m · Restaurant
  • Huis shave ice · 310 m · Restaurant
  • Maar's burger bar · 313 m · Restaurant

Shopping (2 nearby)

  • Cultus lake main · 318 m · Post Office
  • Sleepy hollow gems · 321 m · Gift Shop

Groceries (1 nearby)

  • Cultus lake superette · 326 m · Convenience

Transit (1 nearby)

  • Bus stop sunnyside blvd at balsam (nb) · 36 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

349 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

Walk Score Badge
Car-Dependent 35

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
54

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 338 Balsam Street

/month
Principal & Interest
Property Taxes $269
Maintenance fee 0
Financing 80% of the $928,000 asking price over 30 years at 4% results in approximately $3,813/month in total estimated carrying costs, $269 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.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $3,332/month in rental income, leaving a -$635/month cashflow at current carrying costs. Investors targeting break-even would need roughly 35% 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

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

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.

Price vs Neighbourhood Average — Cultus Lake North, Cultus lake

Beds Home Types Square Feet Lot Size Year Built
This Home $928,000
Cultus lake Loading...
Cultus Lake North Loading...

No active comparable properties are currently available for this property type in Cultus lake. The price evaluation chart will update as similar listings enter the market.

Data is based on list prices of similar active listings. 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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $6,361
0 of 21 missions

Sign up on Estateblock.com

$318 / 5.00%

Buy with us & save on this property

Walkability & Transit Near 338 Balsam Street

Walk Score Badge
Car-Dependent 35

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
54

Bike Score - Bikeable

Some bike infrastructure

Similar Single Family Residences for Sale in Cultus Lake North

Recently Sold Homes Near 338 Balsam Street

404 Birch Street, Cultus Lake, BC, Cultus Lake — Single Family Residence for sale
404 Birch Street, Cultus Lake, BC, Cultus Lake — Single Family Residence for sale
404 Birch Street, Cultus Lake, BC, Cultus Lake — Single Family Residence for sale
404 Birch Street, Cultus Lake, BC, Cultus Lake — Single Family Residence for sale
404 Birch Street, Cultus Lake, BC, Cultus Lake — Single Family Residence for sale
Sold
404 Birch Street, Cultus Lake, BC
3 Beds
2 Baths
1671 sqft
1955 built
MLS® R3122554, Century 21 Creekside Realty
288 Hemlock Street, Cultus Lake, BC, Cultus lake — Single Family Residence for sale
288 Hemlock Street, Cultus Lake, BC, Cultus lake — Single Family Residence for sale
288 Hemlock Street, Cultus Lake, BC, Cultus lake — Single Family Residence for sale
288 Hemlock Street, Cultus Lake, BC, Cultus lake — Single Family Residence for sale
288 Hemlock Street, Cultus Lake, BC, Cultus lake — Single Family Residence for sale
Sold
288 Hemlock Street, Cultus Lake, BC
2 Beds
1 Baths
892 sqft
1954 built
MLS® R2861161, Century 21 Assurance Realty Ltd (AOIR)