2452 2472-2492 Balsam Street, Vancouver, BC

$2,998,800
  • 13 BEDS
  • 6 baths
  • 4,583 sqft
  • 5,750 lot sqft
  • built in 1925
  • $15,575 TAXES/2025
  • House
  • R3114362
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.

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Kitsilano House for sale near W Broadway & Balsam Street. View this property on VanMap.

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