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2452 2492 Balsam Street, 13 Bedroom Single Family Residence in Vancouver West - Ruth and David

2452 2492 Balsam Street Vancouver, BC

13 Bedroom Single Family Residence for Sale

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    $2,998,800
    Bathrooms: 6 Bedrooms: 13 Sq Ft: 4583

    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.

    Provided by: RE/MAX Crest Realty


    Additional Information

    MLS® Number: R3114362
    Year Built: 1925
    Property Type: Residential Detached
    Taxes: $15,575
    By-Law Restrictions:
    Maintenance Fees: $0
    Maintenance Includes:

    Property Location

    Property Features


    Washer Dryer Dishwasher Refrigerator Stove

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