, Kitsilano, Vancouver West (R3113532)

$2,998,800

$2,998,800



Kitsilano, Vancouver West


MLS®: R3113532
Type: Business
Bedrooms: 13
Bathrooms: 6
Square Feet: 4,583 sqft

New Listing

Call 604.340.1267 to book a showing, or send us an inquiry now to learn more about this home.

 , Kitsilano, Vancouver West

Business in Kitsilano, Vancouver West, brought to you by Kevin O'Toole

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.

Listed by RE/MAX Crest Realty.

Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Find A Property with Sotheby's International Realty Canada 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. Trademark owned or controlled by The Canadian Real Estate Association. Used under license.

Specifications
Type: Business
Taxes: $15575.4
Frontage: 50.00 ft
Lot Size: 5,750 sqft
Storeys: 2 storeys
Sqft: 4,583 sqft
- main: 2,369 sqft
Bedrooms: 13
Bathrooms: 6
Full Baths: 6
Half Baths: 0
Built In: 1925
Parking: Open, Lane Access (1)