Kitsilano, Vancouver West
$2,998,800
Bedrooms: 13
Bathrooms: 6
Living Area: 4,583 sqft
Price Per Sqft: $654.33
About this Business
in Kitsilano, Vancouver West
EXCEPTIONAL INVESTMENT OPPORTUNITY: THREE DETACHED HOMES ON ONE LOT WITH 5 INCOME-GENERATING SUITES! Producing $179,136 in gross annual income ($14,728/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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in Kitsilano, Vancouver West
No.1 REAL ESTATE TEAM
Innovative
We use the latest in marketing trends and analysis to bring value and results. Approaching real estate with a different take helps bring a more efficient experience.
Collaborative
We work with you to customize your experience for whatever you are looking to do, whether thats Renting, Selling or Buying real estate.
RESULTS DRIVEN
What it all comes down to. We get it done, consistently and reliably - everytime. Our clients expect us to come through for them and we strive to always exceed expectations. This is what makes us the top producing team at Vancouver Luxury Realty.
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