Cultus Lake · V2R 4Y8
$5,062/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
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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.
Buy / sell history for 338 Balsam Street, Cultus Lake (Single Family Residence)
Market
Balanced
Buyer’s market
Balanced
Seller’s market
Lower Mainland Single Family: 11.3% sales-to-active ratio (buyer's market).
3
Beds
1,395 ft²
Floor area
1959
Year built
Single Family Residence
Type
Cultus Lake & Area
Area
Listed
September 17, 2025
Estimate
338 Balsam Street, Cultus Lake (Single Family Residence)
Estimated value
?Estimated rent
?Rental yield
?School
iGrowth
iRental
i$998,888 is 39.4% below the Lower Mainland Single Family HPI benchmark of $1,647,000 (2026-04-01).
A few details are member-only
Room-by-room dimensions, the level-by-level area split, construction & systems, zoning, PID and legal. Free to reveal with an account.
Space & layout
Finished area
1,395ft²
Level-by-level split
MemberRoom by room
Main floor
Living Room
Kitchen
Dining Room
Primary Bedroom
Basement
Bedroom
Recreation Room
Construction & systems
Construction
Foundation
Roof
Flooring
Water
Sewer
Utilities
Lot, zoning & legal
Zoning
Legal description
Nearby & Commute
1h
walk to Save-On-Foods
49 min
bike to Chilliwack
2h 44m
walk to Chilliwack
3h 26m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 57%
| Detached | 20 | 57.1% |
| Mobile home | 9 | 25.7% |
| Land | 4 | 11.4% |
| Condo / Apartment | 1 | 2.9% |
| Townhouse | 1 | 2.9% |
| $10,000 to $14,999 | 5 | 1.3% |
| $15,000 to $19,999 | 10 | 2.7% |
| $20,000 to $24,999 | 20 | 5.3% |
| $25,000 to $29,999 | 15 | 4.0% |
| $30,000 to $34,999 | 15 | 4.0% |
| $35,000 to $39,999 | 15 | 4.0% |
| $40,000 to $44,999 | 15 | 4.0% |
| $45,000 to $49,999 | 15 | 4.0% |
| $50,000 to $59,999 | 30 | 8.0% |
| $60,000 to $69,999 | 30 | 8.0% |
| $70,000 to $79,999 | 35 | 9.3% |
| $80,000 to $89,999 | 10 | 2.7% |
| $90,000 to $99,999 | 20 | 5.3% |
| $100,000 to $124,999 | 35 | 9.3% |
| $125,000 to $149,999 | 30 | 8.0% |
| $150,000 to $199,999 | 40 | 10.7% |
| $200,000 and over | 35 | 9.3% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
Request the due-diligence package
Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$5,062
Principal and interest
Calculated estimate
$4,620
Property tax
Calculated estimate
$292/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$998,888
Down payment
Calculated estimate
$199,778 (20%)
Estimated mortgage
Calculated estimate
$799,110
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Original list price
$1,048,832
Mortgage estimate
Metro averages
Est. monthly total
$5,062
/mo
Rate
%
Amortization
Principal and interest
$4,620
Property tax (est.)
$292
P&I
Tax
Down payment
$199,778 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $199,778 down (20%) on $998,888, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
