Charlie Cameron PREC

, Kitsilano, Vancouver West - R3113532

For more information, call Charlie: 604.780 SOLD (7653)

 , Kitsilano, Vancouver West

$2,998,800


Kitsilano, Vancouver West

Size of Property

13 Bedrooms, 6 Bathrooms
Size: 4,583 sqft
Lot: 5,750 sqft
MLS® #: R3113532

construction

Built: 1925
Property Type: Business
2 storeys Storeys

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EXCEPTIONAL INVESTMENT OPPORTUNITY: THREE DETACHED HOMES ON ONE LOT WITH 5 INCOME-GENERATING SUITES! Producing $176,736 in gross annual income ($14,528/month) with an attractive ~5% cap rate, this is a rare high-performing asset. Situated at 2452, 2472 & 2492 Balsam Street on a 5,750 sq ft corner lot (50’ x 115’) fronting Broadway, the property features three well-maintained and updated homes (circa 1925) offering 4,583 sq ft of living space, 13 bedrooms and 6 bathrooms. Five established tenancies provide stable cash flow with upside potential. Ideal for investors or long-term holding with future redevelopment potential. Ideal for investors, multi-family buyers, or those seeking a long-term holding property in a high-demand location with excellent income and future upside.

Listed by RE/MAX Crest Realty.

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Vancouver, Fraser Valley and Chilliwack MLS® Reciprocity Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Charlie Cameron for your convenience.
Disclaimer: 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Listing Basics
City: Vancouver West
Subarea: Kitsilano
storeys: 2 storeys
taxes: $15575.4
maintenance: N/A
bedrooms: 13
bathrooms: 6
full baths: 6
half baths: 0
 

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