2452 - 2492 Balsam Street, Kitsilano, Vancouver West - R3114362
For more information, call Charlie: 604.780 SOLD (7653)
$2,998,800
2452 - 2492 Balsam Street
Kitsilano, Vancouver West
Size of Property
13 Bedrooms, 6 Bathrooms
Size: 4,583 sqft
Lot: 5,750 sqft
MLS® #: R3114362
construction
Built: 1925
Property Type: House
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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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 |
specifications
| frontage: | 50.00 ft |
| lot: | 5,750 sqft |
| sqft: | 4,583 sqft |
| main: | 2,369 sqft |
| parking: | Open, Lane Access (1) |
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the location & the neighbourhood (Kitsilano, Vancouver West)
photos of 2452 - 2492 Balsam Street, Kitsilano, Vancouver West
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