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.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of The Williamsons 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.
More Details
- MLS®R3113532
- Bedrooms13
- Bathrooms6
- TypeBusiness
- Size4,583 sqft
- Lot Size5,750 sqft
- Frontage50.00 ft
- Year Built1925
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604.984.9711Kitsilano, Vancouver West
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Kitsilano, Vancouver West
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