40listings.com / Greater Vancouver

A $2,998,800.00 Other with 13 bedrooms in Kitsilano, Vancouver West At Vancouver West (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.


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R3113532
Other
$2,998,800.00 Can you afford this?
$654.33
Vancouver
Vancouver West
Kitsilano
RE/MAX Crest Realty
4,583 Sqft.
13
6
1925
5,750
Finished, Exterior Entry
RM-4
$15,575.40
2025
Balcony, Central Location, Lane Access, Shopping Nearby

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