Just Listed

Kitsilano, Vancouver West

 , Kitsilano, Vancouver West

Business

13 Bedrooms

6 Bathrooms

Size: 4,583 sqft

Built in 1925

$2,998,800

About this Business in Kitsilano

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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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.

More Details

  • MLS®R3113532
  • Bedrooms13
  • Bathrooms6
  • TypeBusiness
  • Size4,583 sqft
  • Lot Size5,750 sqft
  • Frontage50.00 ft
  • Year Built1925

Contact us today to view this active listing

604.984.9711












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Kitsilano, Vancouver West

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