Data was last updated 2026-04-22 at 20:17:51 GMT
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.
Listing Information
- Prop. Type:
- Single Family Residence
- Status:
- Active
- City:
- Vancouver West
- Bedrooms:
- 13
- Full Bathrooms:
- 6
- Neighborhood:
- Kitsilano
- Area:
- Vancouver
- Province:
- British Columbia
- MLS® Number:
- R3114362
- Listing Price:
- $2,998,800
- Taxes:
- $15,575
General Information
- Year Built:
- 1925
- Lot Size (sqft):
- 5750.0 ft2
- Total Square Feet:
- 4583ft2
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