Key Facts
- MLS® #: R3114362
- Property ID: SIRC3274259
- Property Type: Residential, Single Family Detached
- Living Area: 4,583 sq.ft.
- Lot Size: 5,750 sq.ft.
- Year Built: 1925
- Bedrooms: 13
- Bathrooms: 6
- Parking Spaces: 1
- Listed By:
- RE/MAX Crest Realty
Property Description
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.
Rooms
- TypeLevelDimensionsFlooring
- KitchenBelow11' 6" x 9' 8"Other
- Dining roomBelow12' 3.9" x 7' 3.9"Other
- Living roomBelow9' 3" x 12' 3.9"Other
- Primary bedroomBelow11' 3.9" x 10' 9.9"Other
- BedroomBelow9' 3.9" x 11' 3"Other
- KitchenBelow13' 9.9" x 10' 9"Other
- BedroomBelow12' 3.9" x 11' 3"Other
- BedroomAbove11' x 8' 9"Other
- BedroomBelow11' x 8' 9"Other
- Laundry roomBelow8' x 4' 9.9"Other
- BedroomBelow17' 9.9" x 9' 9.6"Other
- BedroomBelow11' 3.9" x 8' 5"Other
- StorageBelow12' 9" x 11' 9"Other
- Laundry roomBelow10' 9.6" x 8' 3"Other
- KitchenAbove11' 6.9" x 9'Other
- Dining roomAbove11' 6.9" x 7' 9.9"Other
- Living roomAbove11' 6.9" x 8'Other
- Primary bedroomAbove11' 8" x 10' 6.9"Other
- BedroomAbove11' 8" x 9' 5"Other
- KitchenAbove11' 6" x 9' 9.9"Other
- Dining roomAbove11' 6" x 5' 3.9"Other
- Living roomAbove11' 6" x 8' 9"Other
- BedroomAbove11' 6" x 10' 5"Other
- BedroomAbove11' 3" x 9' 9"Other
- Laundry roomAbove5' 6.9" x 5' 5"Other
- KitchenAbove11' 2" x 10'Other
- BedroomAbove11' 6" x 4' 11"Other
- Primary bedroomBelow17' 9.9" x 9' 9.6"Other
- StorageBelow12' 9" x 11' 9"Other
- Laundry roomBelow10' 9.6" x 8' 3"Other
- UtilityBelow9' x 6' 8"Other
- OtherBelow17' x 3' 5"Other
- PatioBelow13' x 12' 9.9"Other
- FoyerBelow4' 2" x 3' 5"Other
Listing Agents
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Location
2492 Balsam Street #2452, Vancouver, British Columbia, V6K 3N1 Canada
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