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$2,998,800

2452 2472-2492 BALSAM STREET — Vancouver, British Columbia

V6K3N1

13Beds

6Baths

4,583Sq Ft

1Parking

1925Built

5,750Lot Sq Ft

About This Property

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 square ft corner lot (50´ x 115´) fronting Broadway, the property features three well-maintained and updated homes (circa 1925) offering 4,583 square 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. (id:63357)

Property Location

Map

Property Details

Property Type: Detached
Bedrooms: 13
Bathrooms: 6
Living Area: 4,583 sqft
Year Built: 1925
Status: Active

Location & Neighborhood

What's nearby 2452 2472-2492 BALSAM STREET

Nearby Schools

Fraser Academy
private
0.2 km
St John's School
elementary
0.3 km
Kitsilano Secondary
secondary
0.4 km

Parks & Recreation

Connaught Park
park
0.2 km
Rosemary Brown Park
park
0.3 km
May Aacomachie Playground
playground
0.3 km

Transit Access

West Broadway (WB) at Balsam Street
Bus Stop
74m
West Broadway (EB) at Vine Street
Bus Stop
0.2 km
West Broadway (EB) at Larch Street
Bus Stop
0.2 km
West Broadway (WB) at Yew St
Bus Stop
0.3 km
West Broadway (EB) at Trafalgar Street
Bus Stop
0.3 km

Local Amenities

Coffee & Cafes

Platform 70.1 km
IGA Bistro0.2 km

Dining

Casereccio Foods0.1 km
White Spot0.3 km

Grocery

IGA0.2 km

Fitness

Fit Body Boot Camp0.2 km
Kitsilano Community Centre0.3 km

Pharmacy

London Drugs0.2 km

Banking

BlueShore Financial0.3 km

POI data updated 4/22/2026

Vancouver Market Snapshot

4,521

Active Listings

$1345K

Median Price

Avg Days on Market

Last updated: Apr 22, 2026

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Listed by

RE/MAX Crest Realty

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$2,998,800