6615 Balsam St, Vancouver BC - Single Family Residence for Sale - MLS# R2896849

$12,500,000
Est. Mortgage $55,300/mo
7 Beds
8 Baths
6912 sqft
1808 $ /sqft
2024 built
29.8% price reduction
$12,500,000
$17,800,000
Est. $55,300/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 6615 Balsam Street

29.8% price reduction

HUGH LOT 11,817 SQFT, the Arbutus Residence stands as a timeless testament to meticulous design & unparalleled comfort. This elegant 7,282 SQFT European Italian-style. Featuring 7 beds 8 baths, the 3 levels home boasts a grand 20' high foyer with soaring ceilings. Open living areas seamlessly connect to a top-brand appliance-equipped Gaggenau kitchen, leading to a private garden and outdoor swimming pool. Smart home system and private elevator. A swimming pool, spacious recreation room, a stunning home theater, advanced audio, sauna & GYM. Steps away from Maple Grove Park and Kerrisdale's amenities, Magee Secondary, Maple Grove Elementary, close to Crofton House & St. Georges private schools, UBC & 5 Golf Courses. Age of building as per occupancy permit date.

Interior Features

Basement Finished Area (sqft) 3124
Basement Features Full
Heating Type Radiant
# of Kitchens 2
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Residential Detached

Building Details

Price $12,500,000
Total Bedrooms 7
Total Bathrooms 8
Full Bathrooms 7
Half Bathrooms 1
Floor Area Total (sqft) 6912
Year Built 2024
Age Of Building 2
Building Type Single Family Residence
Property Type Residential
Architecture Style Laneway House
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Double

Lot & Land

Lot Size 11817
Lot Size Depth Feet
Lot Size Frontage 48.7
MLS® # R2896849
Area Vancouver West
Neighbourhood S.W. Marine
City Vancouver
Postal Code V6P 5W8
Gross Taxes $23,298.6
Zoning RS-5

Property Timeline

Status Date Price
R2896849 / Active 06-19-2024 $12,500,000
Rooms
Floor Type Dimensions
Main Level Foyer 8'3 x 8'3 ft
Main Level Living Room 18'6 x 18'6 ft
Main Level Dining Room 14'10 x 14'10 ft
Main Level Kitchen 18'6 x 18'6 ft
Main Level Den 10'2 x 10'2 ft
Main Level Conservatory 17'4 x 17'4 ft
Main Level Wok Kitchen 4'4 x 4'4 ft
Main Level Other 5'11 x 5'11 ft
Main Level Patio 16'1 x 16'1 ft
Main Level Patio 11'10 x 11'10 ft
Main Level Other 42'0 x 42'0 ft
Above Level Primary Bedroom 12'0 x 12'0 ft
Above Level Bedroom 12'0 x 12'0 ft
Above Level Bedroom 10'0 x 10'0 ft
Above Level Bedroom 10'10 x 10'10 ft
Above Level Walk-In Closet 7'8 x 7'8 ft
Basement Level Bedroom 10'1 x 10'1 ft
Basement Level Bedroom 10'1 x 10'1 ft
Basement Level Gym 17'8 x 17'8 ft
Basement Level Great Room 50'9 x 50'9 ft
Basement Level Laundry 6'4 x 6'4 ft
Basement Level Utility 17'0 x 17'0 ft
Basement Level Sauna 8'1 x 8'1 ft
Basement Level Other 5'0 x 5'0 ft
Abv Main 2 Bedroom 14'11 x 14'11 ft
Abv Main 2 Dining Room 7'6 x 7'6 ft
Abv Main 2 Laundry 3'3 x 3'3 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #4
Above Level Yes #4
Above Level Yes #4
Above Level Yes #4

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.

Map & Neighbourhood

Public Schools

Secondary
Magee Secondary School
0.82 km
Elementary
Maple Grove Elementary School
Above Average
0.94 km
8.6/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Crofton House
1.45 km
Elementary, Secondary
Crofton House
1.45 km

Closest Transit

Bus Stop
Eastbound W 49 Ave @ Balsam St
0.15 km
Skytrain
Skytrain @ Langara-49Th Stn
3.30 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
45.8%
No Certificate/Degree
Below Average
10.8%
Owner Occupied
Below Average
42.3%
Employment Rate
Above Average
68.8%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 6615 Balsam Street

BC Assessment Value — 6615 Balsam Street

2026 assessed value, sourced from City of Vancouver open data (PID 010-171-878).
Total Assessed Value (2026)
$6,292,000
-6.6% YoY
+6.3%/yr over 4 yr
2022 Value Trend 2026
Land
$3,442,000
Buildings
$2,850,000
Year Built
2018
Class
Residential Inclusive
Zoning
R1-1
Property Tax
$32,881
Year Land Improvements Total Assessed YOY Change
2026 $3,442,000 $2,850,000 $6,292,000
-6.6%
2025 $3,666,000 $3,074,000 $6,740,000
+1.5%
2024 $3,455,000 $3,185,000 $6,640,000
+22.1%
2023 $3,649,000 $1,788,000 $5,437,000
+10.5%
2022 $3,680,000 $1,240,000 $4,920,000

Mortgage Calculator for 6615 Balsam Street

/month
Principal & Interest
Property Taxes $1,942
Maintenance fee 0
A 20% down payment of $2,500,000 on this $12,500,000 listing yields an estimated mortgage of $47,742/month (30-year fixed, 4%). Total estimated housing cost: $49,684/month, $1,942 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $25,000/month in estimated rental income against $50,308/month in mortgage payments, the monthly cashflow is -$25,308/month. A 63% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — S.W. Marine, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $12,500,000
Vancouver Loading...
S.W. Marine Loading...

No active comparable properties are currently available for this property type in Vancouver. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (29.8% price reduction) based on its competitive pricing and market demand.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $72,900
0 of 17 missions

Sign up on Estateblock.com

$3,645 / 5%

Buy with us & save on this property

Similar Single Family Residences for Sale in Vancouver