PH6 5723 Balsam St, Vancouver BC - Apartment/Condo for Sale - MLS# R3108880

$688,000
Est. Mortgage $3,044/mo
1 Beds
1 Baths
785 sqft
876 $ /sqft
665.68 $ Maint. fee
1996 built
$688,000
Est. $3,044/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for PH6 5723 Balsam Street

"Kerrisdale Place" is ideally located in the prestigious Kerrisdale neighborhood on Vancouver's Westside. This bright and spacious penthouse features 1 bedroom plus a den, offering 785 sq ft of thoughtfully designed living space. Expansive skylights bring in abundant natural light, while a private rooftop terrace provides an excellent outdoor retreat. The unit comes with one secure underground parking stall and a storage locker. Enjoy the convenience of nearby transit, along with a variety of amenities just steps away, including shops, restaurants, banks, parks, and community centers. A short drive connects you to top private schools, the University of British Columbia, Vancouver International Airport, and downtown Vancouver. The property falls within the school catchments for Maple Grov

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator, Storage
Fireplace 1
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description mountain view
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $688,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 785
Year Built 1996
Age Of Building 30
Building Type Apartment/Condo
Property Type Residential
Architecture Style Penthouse
Stories 1
Building Amenities Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal
Ownership Type Freehold Strata
Maintenance Fee $665.68
Amenities Nearby Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Under Building
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Suites None

Lot & Land

MLS® # R3108880
Area Vancouver West
Neighbourhood Kerrisdale
City Vancouver
Postal Code V6M 4B8
Gross Taxes $2,042.47

Property Timeline

Status Date Price
R3108880 / Active 04-07-2026 $688,000
Rooms
Floor Type Dimensions
Main Level Living Room 12' x 12' ft
Main Level Dining Room 7' x 7' ft
Main Level Kitchen 7' x 7' ft
Main Level Bedroom 9' x 9' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #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
0.95 km
Elementary
Maple Grove Elementary School
Above Average
0.98 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
1.12 km
Elementary, Secondary
Crofton House
1.12 km

Closest Transit

Bus Stop
Eastbound W 41 Ave @ Balsam St
0.06 km
Skytrain
Skytrain @ Oakridge-41St Stn
3.31 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
48.2%
No Certificate/Degree
Below Average
8.6%
Owner Occupied
Below Average
37.8%
Employment Rate
Average
63.2%

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 PH6 5723 Balsam Street

BC Assessment Value — PH6 5723 Balsam Street

2026 assessed value, sourced from City of Vancouver open data (PID 023-530-944).
Total Assessed Value (2026)
$676,000
+3.2% YoY
+1.6%/yr over 4 yr
2022 Value Trend 2026
Land
$547,000
Buildings
$129,000
Year Built
1996
Class
Commercial
Zoning
C-2
Property Tax
$2,274
Year Land Improvements Total Assessed YOY Change
2026 $547,000 $129,000 $676,000
+3.2%
2025 $530,000 $125,000 $655,000
-0.3%
2024 $531,000 $126,000 $657,000
+3.6%
2023 $513,000 $121,000 $634,000
+0.0%
2022 $494,000 $140,000 $634,000

Mortgage Calculator for PH6 5723 Balsam Street

/month
Principal & Interest
Property Taxes $170
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $3,464/month in total housing costs on this $688,000 property — $2,628 mortgage payment, $170 property tax, $666 maintenance fee.
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%
Based on $2,545/month estimated rent and $3,520/month in total housing costs, this property has a -$975/month cashflow. Break-even down payment: approximately 50%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Kerrisdale, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $688,000
Vancouver Loading...
Kerrisdale Loading...

Based on 3 comparable active apartments/condos in Kerrisdale, the average asking price is $688,000. This listing is priced 0% below the neighbourhood average.

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

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