PH1 5723 BALSAM ST, Vancouver BC V6M 4B8, Vancouver, BC

$949,000
Est. Mortgage /mo

MLS® R2949930

Closed

$933,000
Closed at 13 Feb 2025
Listing price: $949,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
2 Beds
2 Baths
1 Stories
$ 835.56 Maint. Fee
1062 sqft
1997 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

"Kerrisdale Place" is situated in the prime location of Kerrisdale, Vancouver Westside. This southeast-facing penthouse unit boasts 2 bedrooms plus a den, spanning 1062 sqft. With a spacious layout and two large skylights, the interior is bathed in natural light, complemented by a private rooftop terrace. The property includes 2 side by side parking spaces in a secure underground garage, along with a storage locker and bicycle storage room. Easy access to transportation and shopping amenities, including banks, shops, restaurants, parks, and community centers within walking distance. Within a few minutes' drive, prestigious private schools, UBC, the airport, and downtown Vancouver. Maple Grove Elementary and Magee Secondary school catchments.

General Info

Price $949,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1062
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1997
Age Of Building 28
Building Type Apartment/Condo
Property Type Residential
Architecture Style Penthouse
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Oven, Range Top
Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2949930
Area Vancouver West
Neighbourhood Kerrisdale
City Vancouver
Gross Taxes $2,787.13
Ownership Type Freehold Strata
Maintenance Fee $835.56
Community Features Shopping Nearby
Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal

Heating & Cooling

Fireplace 1
Heating Type Electric

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Rear Access, Garage Door Opener
Total Parking Spaces 2

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Restrictions -
Zoning C-2
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Tile, Wall/Wall/Mixed
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View -
View Description -
Units In Development -
Sewer Public Sewer
Roof Torch-On

Property History

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Status Date Price
Sold 02-13-2025 $949,000
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Listed by: Royal Pacific Realty Corp.

NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary
Magee Secondary School
0.95 km
No Rating
Elementary
Maple Grove Elementary School
Above Average
0.98 km
Rating 8.6/10

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary, Secondary
Crofton House
1.12 km
No Rating
Elementary, Secondary
Crofton House
1.12 km
No Rating

Closest Transit

Translink
Eastbound W 41 Ave @ Balsam St
0.06 km

PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8 is serviced by Maple Grove Elementary School. The property with listing MLS® R2949930 is located 0.98 km from the school. Maple Grove Elementary School has a rating of Rating 8.6/10.

This home with address PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8, Vancouver, BC is also serviced by Magee Secondary School and located 0.95 km from it. Magee Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8 is Crofton House with School's rating No Rating, located 1.12 km from this home.

The closest to this address PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8 Secondary independent school is Crofton House with School's rating No Rating, located 1.12 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2949930 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8 are Above Average. Property misconduct rating adjacent to MLS® R2949930 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Eastbound W 41 Ave @ Balsam St in 0.06 km away from this listing with - MLS® R2949930.

48.2% of people with university certificate/degree live in this neighbourhood adjacent to the PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8 which is High in comparison with other BC neighbourhoods. 8.6% of population in this neighbourhood that is near the Listing MLS® R2949930 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8, Vancouver, BC is $60544 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2949930 is $31837 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 37.8% which is Low.

Unemployment rate in the area around Real Estate Listing # R2949930 is 8.5 which is Average in comparison to the other province neighbourhoods.

This real estate is located in PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8 Kerrisdale Place where population change between 2011 and 2016 was -5.1%. This is Low in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8, Vancouver, BC is 4266.6 which is High people per sq.km.

Average size of families in the area adjacent to home for sale PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8 is 2.8. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2949930 is 63.2% and it is Above Average. % of Married or living common law is around 51.5% and it is Below Average.

Average age of the population close to the PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8 is 43.3 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8, Vancouver, BC is $2450291 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8. $2031 owners spent in average for the dwelling. Tenants are paying $1422 in this district close to MLS® R2949930 and it is High comparing to other cities.

49.3% of Population in this district near the PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8, Vancouver, BC is 9.2%, it is Average, % of English speakers only is 83.3% and Below Average. % of Neither English nor French speakers close to home for sale PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8, Vancouver, BC is 7.4% and it is High comparing to other BC cities.

28.9% of all population in the area around this property with the address PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8, Vancouver, BC using Public Transport which is High, 59% of using population are using Cars around MLS® R2949930, which is Low. 4.3% of people using Bicycles around the PH1 5723 BALSAM STREET, Vancouver BC V6M 4B8 and it is High. 5.1% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $949,000
Vancouver $1,188,354
Kerrisdale Place No comparables
Data is based on list prices of similar active listings. 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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
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