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2452 - 2492 Balsam Street, Kitsilano, Vancouver West

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2452 - 2492 Balsam Street

Kitsilano, Vancouver West

$2,998,800

Bedrooms: 13

Bathrooms: 6

Living Area: 4,583 sqft

Price Per Sqft: $654.33

About this House

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.

MLS®R3114362
TypeHouse
Bedrooms13
Bathrooms6
Square Feet4,583 sqft
Lot Size5,750 sqft
Frontage50.00 ft
Full Baths6
Half Baths0
Taxes$15575.4
ParkingOpen, Lane Access (1)
BasementFinished
Storeys2 storeys
Year Built1925

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Photo 1 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 2 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 3 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 4 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 5 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 6 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 7 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 8 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 9 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 10 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 11 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 12 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 13 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 14 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 15 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 16 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 17 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 18 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 19 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 20 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 21 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 22 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 23 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 24 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 25 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 26 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 27 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 28 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 29 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 30 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 31 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 32 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 33 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 34 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 35 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 36 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 37 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 38 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 39 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West Photo 40 at 2452 - 2492 Balsam Street, Kitsilano, Vancouver West

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