RE/MAX Crest Realty
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- R3113532
- Bedrooms:
- 13
- Bathrooms:
- 6
- Year Built:
- 1925
- Photos (40)
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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.
- Property Type:
- Residential Income
- Dwelling Type:
- Other
- Home Style:
- Exterior Entry to Basement, Two Levels
- Ownership:
- Freehold NonStrata
- Manufactured Type:
- Signup
- Year built:
- 1925 (Age: 101)
- Living Area:
- 4,583 sq. ft.
- Floor Area - Unfinished:
- Signup
- Floor Area - Detached 2nd Residence:
- Signup
- Building Area - Total:
- 4,583 sq. ft.
- Levels:
- Two
- Rainscreen:
- Signup
- Bedrooms:
- 13 (Above Grd: 13)
- Bathrooms:
- 6.0 (Full:6/Half:0)
- Kitchens:
- Signup
- Rooms:
- Signup
- Taxes:
- $15,575.4 / 2025
- Lot Area:
- 5,750 sq. ft.
- Lot Frontage:
- 50'
- Lot Details:
- 50 x 115
- Exposure / Faces:
- Signup
- Rear Yard Exposure:
- Signup
- Outdoor Area:
- Balcony
- Pad Rental:
- Signup
- # or % of Rentals Allowed:
- Signup
- Water Supply:
- Signup
- Plan:
- VAP1058
- Construction Materials:
- Frame Wood, Stucco, Wood Siding
- Foundation:
- Signup
- Basement:
- Signup
- Full Height:
- Signup
- Crawl Height:
- Signup
- Roof:
- Signup
- No. Floor Levels:
- 2.0
- Floor Finish:
- Signup
- Floor Area Fin - Above Grade:
- Signup
- Floor Area Fin - Above Main:
- 2,214 sq. ft.
- Floor Area Fin - Above Main 2:
- 0 sq. ft.
- Floor Area Fin - Main:
- 2,369 sq. ft.
- Floor Area Fin - Below Main:
- Signup
- Floor Area Fin - Below Grade:
- Signup
- Floor Area Fin - Basement:
- Signup
- Floor Area Fin - Total:
- 4,583 sq. ft.
- Heating:
- Signup
- Patio And Porch Features:
- Patio, Deck
- Parking Features:
- Open, Lane Access
- Parking:
- Open
- # Of Parking Spaces - Total:
- Signup
- # Of Covered Spaces:
- Signup
- Parking Total/Covered:
- 1 / 0
- Flood Plain:
- Signup
- Suite:
- Signup
- Balcony
- Shopping Nearby
- No Fire Sprinkler System, Smoke Detector(s)
- Window Coverings, Smoke Detector(s)
- Dishwasher, Refrigerator
- Washer/Dryer, Dishwasher, Refrigerator, Stove
- Window Coverings
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Council Approval:
- Signup
- Income Per Annum:
- Signup
- Oper. Expenses:
- Signup
- Net Operating Income:
- Signup
- Age Restrictions:
- No
- By-Law Infractions:
- n
- Income as at Date:
- Apr 20, 2026
- Tax Utilities Included:
- false
- Dist to Public Trans:
- Signup
- Dist to School Bus:
- Signup
- Property Disclosure:
- Signup
- Fixtures Leased:
- Signup
- Fixtures Removed:
- Signup
- Home Owners Association:
- No
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Listed by RE/MAX Crest Realty
Data was last updated April 25, 2026 at 06:40 AM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $3,043,844
- Min list price:
- $1,990,000
- Max list price:
- $5,290,000
- Avg days on market:
- 27
- Min days on market:
- 5
- Max days on market:
- 177
- Avg price per sq.ft.:
- $873.61
These statistics are generated based on the current listing's property type
and located in
Vancouver West. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- ANNA SMITH
- RE/MAX Crest Realty
- 1 (604) 5051647
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Location
5050 Kingsway
Vancouver, Burnaby, BC V5H 4C2
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.